Lord Abbett Convertible Fund Class R6 (LCFVX)
| Fund Assets | 964.47M |
| Expense Ratio | 0.82% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.25% |
| Dividend Growth | 38.89% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2025 |
| Previous Close | 14.86 |
| YTD Return | 3.96% |
| 1-Year Return | 13.24% |
| 5-Year Return | 49.19% |
| 52-Week Low | 13.06 |
| 52-Week High | 15.22 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Jun 30, 2015 |
About LCFVX
LCFVX was founded on 2015-06-30. The Fund's investment strategy focuses on Convertible Secs with 0.8% total expense ratio. The minimum amount to invest in Lord Abbett Investment Trust: Lord Abbett Convertible Fund; Class R6 Shares is $0 on a standard taxable account. Lord Abbett Investment Trust: Lord Abbett Convertible Fund; Class R6 Shares seeks current income and the opportunity for capital appreciation to produce a high total return. the Fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings, in a diversified portfolio of convertible securities issued by U.S. and foreign companies.
Performance
LCFVX had a total return of 13.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.44%.
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 |
|---|---|---|
| Mar 27, 2025 | $0.0548 | Mar 27, 2025 |
| Dec 27, 2024 | $0.1362 | Dec 27, 2024 |
| Sep 25, 2024 | $0.071 | Sep 25, 2024 |
| Jun 27, 2024 | $0.073 | Jun 27, 2024 |
| Mar 27, 2024 | $0.0483 | Mar 27, 2024 |
| Dec 27, 2023 | $0.081 | Dec 27, 2023 |