Lord Abbett Convertible Fund Class F (LBFFX)
| Fund Assets | 558.34M |
| Expense Ratio | 0.99% |
| Min. Investment | $0.00 |
| Turnover | 145.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.02% |
| Dividend Growth | 36.08% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 24, 2025 |
| Previous Close | 15.28 |
| YTD Return | 9.66% |
| 1-Year Return | 19.33% |
| 5-Year Return | 43.43% |
| 52-Week Low | 12.88 |
| 52-Week High | 15.45 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Sep 28, 2007 |
About LBFFX
The Lord Abbett Convertible Fund Class F is an open-end mutual fund focused on convertible securities, which blend features of both debt and equity instruments. Its primary objective is to provide investors with current income and the potential for capital appreciation by investing predominantly in convertible bonds and related securities such as debentures, notes, and preferred stocks that can be exchanged for equity or provide equity participation. This fund maintains a diversified portfolio, generally investing at least 80% of its assets in convertible securities from U.S. and foreign companies, including those of varying credit quality and across all market capitalizations. Managed using fundamental, bottom-up analysis, the fund’s strategy emphasizes identifying undervalued convertibles based on company and industry outlooks, among other factors. Additionally, it may utilize derivatives and invest a portion of assets in non-convertible debt or equity and foreign securities for added flexibility. The Lord Abbett Convertible Fund Class F serves a unique role in the market by targeting a balance of income and growth potential, appealing to investors seeking exposure to hybrid securities that can adapt to changing market conditions.
Performance
LBFFX had a total return of 19.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.17%.
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
39.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Shopify Inc 0.13% | SHOPCN.0.125 11.01.25 | 4.66% |
| Ringcentral Inc 0% | RNG.0 03.15.26 | 4.44% |
| MGP Ingredients Inc. 1.88% | MGPI.1.875 11.15.41 | 4.30% |
| Southwest Airlines Co. 1.25% | LUV.1.25 05.01.25 | 4.20% |
| IAC Financeco 2 Inc / IAC Financeco 3 Inc 0.88% | MTCH.0.875 06.15.26 | 4.17% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 4.01% |
| Okta Inc. 0.13% | OKTA.0.125 09.01.25 | 3.93% |
| Five9 Inc. 0.5% | FIVN.0.5 06.01.25 | 3.57% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.09% |
| Wix.com Limited 0% | WIX.0 08.15.25 | 2.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.0581 | Jun 24, 2025 |
| Mar 27, 2025 | $0.051 | Mar 27, 2025 |
| 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 |