KEY FACTS as of 06/29/2018
- This strategy is available as a:
- Separate Account
Portfolio Breakdownas of 06/29/2018
|Investment Grade Corporate|
|U.S. Government Related|
|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 06/29/2018
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 06/29/2018
|Average Life||13.65 Years||23.96 Years|
|Average Effective Duration||14.84 Years||14.91 Years|
|Average Yield to Worst||4.23%||3.96%|
Portfolio data is based on the Long Duration Representative Portfolio.
Average Annual Returns as of 05/31/2018
|Gross of Fees||-4.32%||1.16%||3.71%||4.77%||-||7.50%|
|Net of Fees||-4.43%||0.87%||3.42%||4.48%||-||7.19%|
|Bloomberg Barclays Long Government/Credit Index||-4.38%||0.59%||3.26%||4.27%||-||6.61%|
Inception Date: April 1, 2011
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 05/31/2018
|Gross of Fees||11.72%||8.26%||-4.98%||21.40%||-8.52%||11.00%||-||-||-||-|
|Net of Fees||11.41%||7.96%||-5.24%||21.10%||-8.81%||10.66%||-||-||-||-|
|Bloomberg Barclays Long Government/Credit Index||10.71%||6.67%||-3.30%||19.31%||-8.83%||8.78%||-||-||-||-|