Wilshire and Lord Abbett Launch Joint Income Solutions

Lord, Abbett & Co. and Wilshire Associates announced the joint release of Pro Active Income Solutions, portfolios designed to deliver targeted income through an active overlay. 

The actively-managed income solutions offer independent adviser clients access to Wilshire’s asset-allocation capabilities and Lord Abbett’s suite of fixed-income mutual funds to provide exposure to timely opportunities in the fixed-income market.    

Pro Active Income Solutions combines the institutional expertise of Wilshire with Lord Abbett’s intensive credit research and security selection to create two competitively priced fixed-income offerings, the announcement said. The Active Income Opportunities Portfolio will target the 10-year Treasury yield plus 150 bps, and the Active Tax Free Income Opportunities Portfolio will target the 10-year muni yield plus 150 bps. The portfolios are constructed to compete in the Lipper Multi Sector Income and the Lipper General Muni Debt categories, respectively.