Lord Abbett Convertible Fund Class A (LACFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
14.68
+0.08 (0.55%)
May 28, 2025, 8:09 AM EDT
11.04% (1Y)
| Fund Assets | 543.14M |
| Expense Ratio | 1.09% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.05% |
| Dividend Growth | 42.41% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2025 |
| Previous Close | 14.60 |
| YTD Return | 4.40% |
| 1-Year Return | 13.53% |
| 5-Year Return | 47.92% |
| 52-Week Low | 12.87 |
| 52-Week High | 14.98 |
| Beta (5Y) | 0.77 |
| Holdings | 73 |
| Inception Date | Jun 30, 2003 |
About LACFX
The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of convertible securities issued by U.S. and foreign companies. Convertible securities may include corporate bonds, debentures, notes, preferred stocks, and any other securities that can be exchanged for equity securities or provide an opportunity for equity participation.
Fund Family Lord Abbett A
Category Convertibles
Stock Exchange NASDAQ
Ticker Symbol LACFX
Share Class Class A
Index ICE BofA All Convertibles/Qlt TR
Performance
LACFX had a total return of 13.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.37%.
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% |
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2025 | $0.0475 | Mar 27, 2025 |
| Dec 27, 2024 | $0.1289 | Dec 27, 2024 |
| Sep 25, 2024 | $0.0643 | Sep 25, 2024 |
| Jun 27, 2024 | $0.0662 | Jun 27, 2024 |
| Mar 27, 2024 | $0.0417 | Mar 27, 2024 |
| Dec 27, 2023 | $0.0749 | Dec 27, 2023 |