KEY FACTS as of 12/31/2020
- This strategy is available as a:
- Separate Account
Portfolio Breakdownas of 12/31/2020
|U.S. Government Related|
|Investment Grade Corporate|
|High Yield Corporate|
Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of forward-settling instruments such as currency forwards, certain mortgage-backed securities, and U.S. treasury futures. "Other" may include municipal bonds and non-index holdings.
Credit Quality Distributionas of 12/31/2020
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio.
CHARACTERISTICS as of 12/31/2020
|Average Life||4.41 Years||4.38 Years|
|Average Effective Duration||3.97 Years||4.12 Years|
|Average Yield to Worst||0.93%||0.59%|
Portfolio data is based on the Intermediate Government/Credit Representative Portfolio.
Average Annual Returns as of 12/31/2020
|Gross of Fees||7.24%||7.24%||4.94%||4.03%||-||3.21%|
|Net of Fees||7.01%||7.01%||4.72%||3.80%||-||2.96%|
|Bloomberg Barclays Intermediate Govt/Credit Index||6.43%||6.43%||4.67%||3.64%||-||2.72%|
Inception Date: February 1, 2012
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 12/31/2020
|Gross of Fees||7.24%||6.77%||0.93%||2.50%||2.85%||0.92%||3.73%||-0.36%||-||-|
|Net of Fees||7.01%||6.55%||0.71%||2.27%||2.59%||0.66%||3.48%||-0.65%||-||-|
|Bloomberg Barclays Intermediate Govt/Credit Index||6.43%||6.80%||0.88%||2.14%||2.08%||1.07%||3.13%||-0.86%||-||-|