Lord Abbett Convertible Fund Class R2 (LBCQX)
| Fund Assets | 681.91M |
| Expense Ratio | 1.50% |
| Min. Investment | $1,000,000 |
| Turnover | 151.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 1.02% |
| Dividend Growth | -17.32% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 20.10 |
| YTD Return | 15.78% |
| 1-Year Return | 34.16% |
| 5-Year Return | 33.71% |
| 52-Week Low | 14.97 |
| 52-Week High | 20.86 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | Sep 28, 2007 |
About LBCQX
The Lord Abbett Convertible Fund Class R2 is a mutual fund designed to generate current income and capitalize on opportunities for capital appreciation, ultimately aiming to produce a high total return. It predominantly invests in a diversified portfolio of convertible securities from U.S. and foreign companies, including both investment-grade and high-yield options. Convertible securities offer the benefits of both bonds and stocks, providing fixed income while allowing conversion into underlying common stock. This fund is particularly attractive to investors seeking a balance of income and growth potential, as it spans across various sectors such as technology, finance, and healthcare. The fund's strategy involves managing risk through a diverse portfolio, making it a significant player in the financial market by offering a unique blend of income stability and equity upside.
Performance
LBCQX had a total return of 34.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.82%.
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 | $0.0191 | Mar 27, 2026 |
| Dec 30, 2025 | $0.1029 | Dec 30, 2025 |
| Sep 23, 2025 | $0.0472 | Sep 23, 2025 |
| Jun 24, 2025 | $0.0384 | Jun 24, 2025 |
| Mar 27, 2025 | $0.033 | Mar 27, 2025 |
| Dec 27, 2024 | $0.1142 | Dec 27, 2024 |