Lord Abbett Convertible Fund Class R4 (LCFSX)
| Fund Assets | 558.34M |
| Expense Ratio | 1.14% |
| Min. Investment | $0.00 |
| Turnover | 145.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.86% |
| Dividend Growth | 37.47% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 24, 2025 |
| Previous Close | 15.35 |
| YTD Return | 10.15% |
| 1-Year Return | 19.26% |
| 5-Year Return | 44.73% |
| 52-Week Low | 12.87 |
| 52-Week High | 15.44 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Jun 30, 2015 |
About LCFSX
The Lord Abbett Convertible Fund Class R4 is a mutual fund focused on providing current income and the potential for capital appreciation by primarily investing in convertible securities. Convertible securities are hybrid instruments, typically bonds or preferred stocks that can be converted into a predetermined number of the issuing company’s shares, combining features of both fixed income and equity assets. This fund allocates at least 80% of its net assets to these types of securities, and its diversified portfolio may include both investment-grade and below investment-grade (high-yield) convertible instruments to balance risk and reward. The fund is actively managed, with a team of experienced professionals overseeing holdings across a range of issuers and maturities. By blending the characteristics of debt and equity instruments, the Lord Abbett Convertible Fund Class R4 plays a unique role in the market, offering access to growth potential with some downside risk mitigation. It serves investors seeking a hybrid approach within their portfolios, particularly those interested in capturing opportunities across both the equity and fixed income spectrums.
Performance
LCFSX had a total return of 19.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.74%.
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% | n/a | 4.30% |
| Southwest Airlines Co. 1.25% | n/a | 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% | n/a | 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 | $0.053 | Jun 24, 2025 |
| Mar 27, 2025 | $0.0444 | Mar 27, 2025 |
| Dec 27, 2024 | $0.1266 | Dec 27, 2024 |
| Sep 25, 2024 | $0.0629 | Sep 25, 2024 |
| Jun 27, 2024 | $0.0646 | Jun 27, 2024 |
| Mar 27, 2024 | $0.0386 | Mar 27, 2024 |