KEY FACTS as of 09/30/2019
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 09/30/2019
|Corp Fixed Rate|
|U.S. Government Related|
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 09/30/2019
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 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 09/30/2019
|Average Life||0.89 Years||0.29 Years|
|Average Effective Duration||0.22 Years||0.29 Years|
|Average Yield to Worst||2.11%||1.80%|
Portfolio data is based on the Ultra Short Representative Portfolio.
Average Annual Returns as of 09/30/2019
|Gross of Fees||2.52%||3.04%||-||-||-||2.36%|
|Net of Fees||2.42%||2.90%||-||-||-||2.22%|
|ICE BofAML U.S. Treasury Bill Index||1.86%||2.45%||-||-||-||1.57%|
Inception Date: November 1, 2016
Returns for periods of less than one year are not annualized.