Lord Abbett Convertible R2 (LBCQX)
| Fund Assets | 699.54M |
| Expense Ratio | 1.50% |
| Min. Investment | $0.00 |
| Turnover | 151.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.01% |
| Dividend Growth | -14.25% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 20.04 |
| YTD Return | 15.63% |
| 1-Year Return | 27.99% |
| 5-Year Return | 29.48% |
| 52-Week Low | 15.78 |
| 52-Week High | 21.24 |
| Beta (5Y) | 0.78 |
| Holdings | 79 |
| 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 27.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.76%.
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 | $0.0336 | Jun 26, 2026 |
| 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 |