KEY FACTS as of 08/31/2018
- This strategy is available as a:
- Separate Account
- Mutual Fund
- Series Fund
Portfolio Breakdownas of 08/31/2018
|U.S. High Yield Corporate|
|U.S. Investment Grade Corporate|
|Non-U.S. High Yield Corporate|
|Non-U.S. Investment Grade 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 08/31/2018
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 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 08/31/2018
|Average Maturity||10.06 Years|
|Average Effective Duration||4.76 Years|
|Average Yield to Worst||5.65%|
Portfolio data is based on the Multi Sector Representative Portfolio.
Average Annual Returns as of 08/31/2018
|Gross of Fees||1.35%||4.26%||7.24%||6.72%||8.25%||7.56%|
|Net of Fees||1.08%||3.85%||6.81%||6.29%||7.82%||7.13%|
|Custom Multi-Sector Fixed Income Blended Index||1.41%||3.03%||6.12%||5.57%||7.57%||-|
Inception Date: July 1, 1996
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 08/31/2018
|Gross of Fees||10.13%||13.23%||-0.97%||5.41%||8.94%||14.18%||4.89%||14.00%||36.92%||-19.17%|
|Net of Fees||9.69%||12.78%||-1.36%||4.99%||8.51%||13.73%||4.47%||13.55%||36.39%||-19.50%|
|Custom Multi-Sector Fixed Income Blended Index||7.69%||11.60%||-1.89%||4.58%||8.74%||13.12%||3.17%||13.76%||44.58%||-22.50%|