Lord Abbett Convertible Fund Class C (LACCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.43
-0.02 (-0.14%)
May 23, 2025, 4:00 PM EDT
10.41%
Fund Assets 964.47M
Expense Ratio 1.70%
Min. Investment $1,500
Turnover n/a
Dividend (ttm) 0.22
Dividend Yield 1.52%
Dividend Growth 61.22%
Payout Frequency Quarterly
Ex-Dividend Date Mar 27, 2025
Previous Close 14.45
YTD Return 3.55%
1-Year Return 12.18%
5-Year Return 42.67%
52-Week Low 12.72
52-Week High 14.81
Beta (5Y) n/a
Holdings 73
Inception Date Jun 30, 2003

About LACCX

LACCX was founded on 2003-06-30. The Fund's investment strategy focuses on Convertible Secs with 1.7% total expense ratio. The minimum amount to invest in Lord Abbett Investment Trust: Lord Abbett Convertible Fund; Class C Shares is $1,500 on a standard taxable account. Lord Abbett Investment Trust: Lord Abbett Convertible Fund; Class C Shares seeks current income and the opportunity for capital appreciation to produce a high total return. the Fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings, in a diversified portfolio of convertible securities issued by U.S. and foreign companies.

Fund Family Lord Abbett C
Category Convertibles
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LACCX
Share Class Class C
Index ICE BofA All Convertibles/Qlt TR

Performance

LACCX had a total return of 12.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.66%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FIQVX Fidelity Fidelity Advisor Convertible Securities Fund - Class Z 0.60%
FTCVX Fidelity Fidelity Advisor Convertible Securities Fund - Class M 1.24%
FCCVX Fidelity Fidelity Advisor Convertible Securities Fund - Class C 1.76%
FICVX Fidelity Fidelity Advisor Convertible Securities Fund - Class I 0.72%
FACVX Fidelity Fidelity Advisor Convertible Securities Fund - Class A 0.99%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
LOCFX Class F3 0.82%
LCFVX Class R6 0.82%
LCFYX Class I 0.89%
LCFTX Class R5 0.89%

Top 10 Holdings

39.25% of assets
Name Symbol Weight
Shopify Inc 0.13% SHOPCN.0.125 11.01.25 4.66%
Ringcentral Inc 0% RNG.0 03.15.26 4.44%
MGP Ingredients Inc. 1.88% MGPI.1.875 11.15.41 4.30%
Southwest Airlines Co. 1.25% LUV.1.25 05.01.25 4.20%
IAC Financeco 2 Inc / IAC Financeco 3 Inc 0.88% MTCH.0.875 06.15.26 4.17%
Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- BAC.7.25 PERP L 4.01%
Okta Inc. 0.13% OKTA.0.125 09.01.25 3.93%
Five9 Inc. 0.5% FIVN.0.5 06.01.25 3.57%
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A BA.6 10.15.27 3.09%
Wix.com Limited 0% WIX.0 08.15.25 2.88%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Mar 27, 2025 $0.0252 Mar 27, 2025
Dec 27, 2024 $0.1058 Dec 27, 2024
Sep 25, 2024 $0.0433 Sep 25, 2024
Jun 27, 2024 $0.0456 Jun 27, 2024
Mar 27, 2024 $0.0213 Mar 27, 2024
Dec 27, 2023 $0.0558 Dec 27, 2023
Full Dividend History