Lord Abbett Convertible Fund Class A (LACFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
14.34
+0.16 (1.13%)
May 5, 2025, 8:09 AM EDT
11.34% (1Y)
| Fund Assets | 560.79M |
| Expense Ratio | 1.09% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.12% |
| Dividend Growth | 42.41% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2025 |
| Previous Close | 14.18 |
| YTD Return | 1.98% |
| 1-Year Return | 13.82% |
| 5-Year Return | 58.37% |
| 52-Week Low | 12.87 |
| 52-Week High | 14.98 |
| Beta (5Y) | 0.82 |
| Holdings | 78 |
| 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
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LACFX
Share Class Class A
Index ICE BofA All Convertibles/Qlt TR
Performance
LACFX had a total return of 13.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.28%.
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
37.08% of assets| Name | Symbol | Weight |
|---|---|---|
| RingCentral Inc | n/a | 4.11% |
| MGP Ingredients Inc | MGPI 1.875 11.15.41 | 3.99% |
| Southwest Airlines Co | LUV 1.25 05.01.25 | 3.89% |
| Match Group Financeco 2 Inc | MTCH 0.875 06.15.26 | 3.85% |
| Five9 Inc | FIVN 0.5 06.01.25 | 3.81% |
| Bank of America Corp | BAC 7.25 PERP L | 3.74% |
| Okta Inc | OKTA 0.125 09.01.25 | 3.66% |
| Shopify Inc | SHOPCN 0.125 11.01.25 | 3.44% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 3.38% |
| MicroStrategy Inc | MSTR 0 12.01.29 | 3.21% |
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 |