Lord Abbett Convertible Fund Class A (LACFX)
| Fund Assets | 699.54M |
| Expense Ratio | 1.10% |
| Min. Investment | $1,500 |
| Turnover | 151.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 1.39% |
| Dividend Growth | -6.06% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 19.52 |
| YTD Return | 16.11% |
| 1-Year Return | 28.74% |
| 5-Year Return | 32.35% |
| 52-Week Low | 15.38 |
| 52-Week High | 20.70 |
| Beta (5Y) | 0.77 |
| Holdings | 79 |
| Inception Date | Jun 30, 2003 |
About LACFX
Lord Abbett Convertible Fund Class A is a mutual fund focused on generating current income and providing the opportunity for capital appreciation by primarily investing in convertible securities. The fund maintains a diversified portfolio, allocating at least 80% of its assets to convertible bonds, convertible preferred stock, and occasionally related equity instruments. Convertible securities offer investors the unique ability to participate in the potential upside of equity markets while retaining the income and downside protection typical of fixed income assets. The fund targets a balance between income generation and growth potential, making it relevant for investors seeking a hybrid segment between traditional stocks and bonds. With a history dating back to 2003 and a quarterly dividend distribution policy, it is actively managed and regularly adjusts its holdings based on market conditions. Lord Abbett Convertible Fund Class A plays a vital role in the broader financial market by providing access to an asset class that can enhance diversification, manage risk, and offer total return opportunities in varying market cycles.
Performance
LACFX had a total return of 28.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
30.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Redfin Corporation 0.5% | RDFN.0.5 04.01.27 | 4.14% |
| Sea Ltd. 0.25% | SEALTD.0.25 09.15.26 | 3.82% |
| Western Digital Corp. 3% | WDC.3 11.15.28 | 3.77% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 3.33% |
| Euronet Worldwide, Inc. 0.63% | EEFT.0.625 10.01.30 | 3.17% |
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 2.68% |
| Welltower OP LLC 3.13% | WELL.3.125 07.15.29 | 2.41% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.31% |
| NextEra Energy Inc 7.299% CORP UNIT 01/06/2027 | NEE.7.299 06.01.27 | 2.26% |
| Akamai Technologies, Inc. 0.38% | AKAM.0.375 09.01.27 | 2.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.0537 | Jun 26, 2026 |
| Mar 27, 2026 | $0.0371 | Mar 27, 2026 |
| Dec 30, 2025 | $0.1218 | Dec 30, 2025 |
| Sep 23, 2025 | $0.0649 | Sep 23, 2025 |
| Jun 24, 2025 | $0.0547 | Jun 24, 2025 |
| Mar 27, 2025 | $0.0475 | Mar 27, 2025 |