KEY FACTS as of 05/29/2020
- This strategy is available as a:
- Separate Account
- Mutual Fund
- Series Fund
Portfolio Breakdownas of 05/29/2020
|U.S. Investment Grade Corporate|
|U.S. High Yield Corporate|
|Non-U.S. Investment Grade Corporate|
|Non-U.S. 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 05/29/2020
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 higher credit rating. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio.
CHARACTERISTICS as of 05/29/2020
|Average Maturity||14.4 Years|
|Average Effective Duration||4.86 Years|
|Average Yield to Worst||4.97%|
Portfolio data is based on the Multi Sector Representative Portfolio.
Average Annual Returns as of 06/30/2020
|Gross of Fees||-2.58%||0.26%||4.17%||5.23%||7.33%||7.25%|
|Net of Fees||-2.77%||-0.15%||3.76%||4.81%||6.91%||6.82%|
|Custom Multi-Sector Fixed Income Blended Index||6.14%||8.74%||6.94%||6.61%||7.37%||-|
Inception Date: July 1, 1996
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 06/30/2020
|Gross of Fees||14.34%||-3.02%||10.13%||13.23%||-0.97%||5.41%||8.94%||14.18%||4.89%||14.00%|
|Net of Fees||13.89%||-3.40%||9.69%||12.78%||-1.36%||4.99%||8.51%||13.73%||4.47%||13.55%|
|Custom Multi-Sector Fixed Income Blended Index||13.73%||-1.63%||7.69%||11.60%||-1.89%||4.58%||8.74%||13.12%||3.17%||13.76%|