KEY FACTS as of 09/30/2020
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 09/30/2020
|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 09/30/2020
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 average rating based on numeric values assigned to each rating. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio.
CHARACTERISTICS as of 09/30/2020
|Average Life||2.17 Years||1.96 Years|
|Average Effective Duration||1.67 Years||1.92 Years|
|Average Yield to Worst||1.01%||0.29%|
Portfolio data is based on the Short Duration Core Representative Portfolio.
Average Annual Returns as of 09/30/2020
|Gross of Fees||2.81%||3.57%||3.42%||-||-||3.26%|
|Net of Fees||2.66%||3.36%||3.22%||-||-||3.06%|
|Bloomberg Barclays 1-3 Year US Government/Credit Bond Index||3.12%||3.73%||2.84%||-||-||2.62%|
Inception Date: May 1, 2017
Returns for periods of less than one year are not annualized.
Calendar & Rolling Returnsas of 09/30/2020
|Gross of Fees||5.16%||2.11%||-||-||-||-||-||-||-||-|
|Net of Fees||4.95%||1.91%||-||-||-||-||-||-||-||-|
|Bloomberg Barclays 1-3 Year US Government/Credit Bond Index||4.03%||1.60%||-||-||-||-||-||-||-||-|