Lord Abbett Convertible R5 (LCFTX)
| Fund Assets | 699.54M |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 151.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 1.59% |
| Dividend Growth | -3.46% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 19.70 |
| YTD Return | 16.19% |
| 1-Year Return | 29.00% |
| 5-Year Return | 33.66% |
| 52-Week Low | 15.52 |
| 52-Week High | 20.90 |
| Beta (5Y) | 0.77 |
| Holdings | 79 |
| Inception Date | Jun 30, 2015 |
About LCFTX
The Lord Abbett Convertible Fund Class R5 is a mutual fund focused on delivering current income and potential capital appreciation by investing primarily 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 common shares. This structure allows the fund to capture elements of both fixed-income stability and equity upside, making it distinctive among asset classes. The fund maintains an actively managed, diversified portfolio that includes both investment-grade convertibles and higher-yield, lower-rated ("junk") convertible securities, providing access to a broad spectrum of credit qualities and issuers. It invests at least 80% of its assets in convertible instruments, balancing income generation with the potential for equity-like growth. The Lord Abbett Convertible Fund Class R5 pays dividends quarterly and holds a moderate expense ratio, reflecting a focus on cost-efficiency for investors. This fund plays a meaningful role in financial markets by offering investors exposure to companies across various industries through convertible securities, serving as a bridge between traditional debt and equity allocations. Its structure can appeal to those seeking diversification and a total-return profile that adapts to differing market conditions.
Performance
LCFTX had a total return of 29.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.53%.
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 | $0.0634 | Jun 26, 2026 |
| Mar 27, 2026 | $0.0456 | Mar 27, 2026 |
| Dec 30, 2025 | $0.1308 | Dec 30, 2025 |
| Sep 23, 2025 | $0.0729 | Sep 23, 2025 |
| Jun 24, 2025 | $0.0618 | Jun 24, 2025 |
| Mar 27, 2025 | $0.0548 | Mar 27, 2025 |