Lord Abbett Convertible Fund Class C (LACCX)
| Fund Assets | 681.91M |
| Expense Ratio | 1.71% |
| Min. Investment | $1,500 |
| Turnover | 151.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 0.90% |
| Dividend Growth | -19.55% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 19.66 |
| YTD Return | 15.79% |
| 1-Year Return | 33.97% |
| 5-Year Return | 32.20% |
| 52-Week Low | 14.43 |
| 52-Week High | 20.09 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | Jun 30, 2003 |
About LACCX
The Lord Abbett Convertible Fund Class C is a mutual fund focused on convertible securities, aiming to provide investors with both current income and the potential for capital appreciation. By investing in convertible bonds and preferred stock, it seeks to deliver a high total return. The fund actively manages a diverse portfolio, which may include municipal bonds and other non-index holdings. Its investment strategy impacts various sectors, including technology and finance, as it invests in companies like MicroStrategy and Bank of America. The Lord Abbett Convertible Fund plays a significant role in the financial market by offering a unique balance of income and growth opportunities, catering to investors seeking diversified exposure to convertible securities.
Performance
LACCX had a total return of 33.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.79%.
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 | 0.55% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.19% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.71% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.68% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.94% |
Top 10 Holdings
37.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 4.60% |
| Redfin Corporation 0.5% | RDFN.0.5 04.01.27 | 4.38% |
| MGP Ingredients Inc. 1.88% | MGPI.1.875 11.15.41 | 4.37% |
| Sea Ltd. 0.25% | SEALTD.0.25 09.15.26 | 4.02% |
| Coinbase Global Inc 0.5% | COIN.0.5 06.01.26 | 3.96% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.58% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 3.57% |
| Borr Drilling Ltd. 5% | BORRNO.5 02.08.28 | 3.25% |
| Akamai Technologies, Inc. 0.38% | AKAM.0.375 09.01.27 | 3.21% |
| Alibaba Group Holding Ltd. 0% | BABA.0 09.15.32 | 2.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.0096 | Mar 27, 2026 |
| Dec 30, 2025 | $0.0931 | Dec 30, 2025 |
| Sep 23, 2025 | $0.0408 | Sep 23, 2025 |
| Jun 24, 2025 | $0.0334 | Jun 24, 2025 |
| Mar 27, 2025 | $0.0252 | Mar 27, 2025 |
| Dec 27, 2024 | $0.1058 | Dec 27, 2024 |