KEY FACTS as of 07/31/2019
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 07/31/2019
|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 07/31/2019
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 07/31/2019
|Average Life||2.29 Years||1.96 Years|
|Average Effective Duration||1.62 Years||1.88 Years|
|Average Yield to Worst||2.56%||2.07%|
Portfolio data is based on the Short Duration Core Representative Portfolio.
Average Annual Returns as of 06/30/2019
|Gross of Fees||3.43%||5.04%||-||-||-||3.07%|
|Net of Fees||3.28%||4.57%||-||-||-||2.53%|
Inception Date: May 1, 2017
Returns for periods of less than one year are not annualized.
Calendar & Rolling Returnsas of 06/30/2019
|Gross of Fees||2.11%||-||-||-||-||-||-||-||-||-|
|Net of Fees||1.50%||-||-||-||-||-||-||-||-||-|