Lord Abbett Convertible Fund Class F (LBFFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
14.04
-0.09 (-0.64%)
Jan 13, 2025, 4:00 PM EST
11.34% (1Y)
| Fund Assets | 592.98M |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | 124.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.22% |
| Dividend Growth | 26.90% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 14.13 |
| YTD Return | n/a |
| 1-Year Return | 14.64% |
| 5-Year Return | 50.56% |
| 52-Week Low | 12.60 |
| 52-Week High | 14.92 |
| Beta (5Y) | n/a |
| Holdings | 78 |
| Inception Date | Sep 28, 2007 |
About LBFFX
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
Category Convertibles
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LBFFX
Index ICE BofA All Convertibles/Qlt TR
Performance
LBFFX had a total return of 14.64% in the past year. Since the fund's inception, the average annual return has been 6.80%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 1.04% |
| FCVSX | Fidelity | Fidelity Convertible Securities Fund | 0.75% |
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.66% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.81% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.78% |
Top 10 Holdings
31.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC 7.25 PERP L | 4.03% |
| BILL Holdings Inc 0% | BILL 0 04.01.27 | 3.85% |
| Ringcentral Inc 0% | RNG 0 03.15.26 | 3.70% |
| Shopify Inc 0.13% | SHOPCN 0.125 11.01.25 | 3.19% |
| Uber Technologies Inc 0% | UBER 0 12.15.25 | 3.13% |
| IAC Financeco 2 Inc / IAC Financeco 3 Inc 0.88% | MTCH 0.875 06.15.26 | 3.02% |
| NextEra Energy Inc 7.299% CORP UNIT 01/06/2027 | NEE 7.299 06.01.27 | 2.89% |
| NuVasive Inc. 0.38% | GMED 0.375 03.15.25 | 2.76% |
| Welltower OP LLC 3.13% | WELL 3.125 07.15.29 | 2.22% |
| Lumentum Holdings Inc. 0.5% | LITE 0.5 12.15.26 | 2.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.1324 | Dec 27, 2024 |
| Sep 25, 2024 | $0.0674 | Sep 25, 2024 |
| Jun 27, 2024 | $0.0695 | Jun 27, 2024 |
| Mar 27, 2024 | $0.0449 | Mar 27, 2024 |
| Dec 27, 2023 | $0.0773 | Dec 27, 2023 |
| Sep 28, 2023 | $0.0353 | Sep 28, 2023 |