Lord Abbett Convertible Fund Class R6 (LCFVX)
| Fund Assets | 964.47M |
| Expense Ratio | 0.81% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.29% |
| Dividend Growth | 24.15% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 14.34 |
| YTD Return | 0.98% |
| 1-Year Return | 15.92% |
| 5-Year Return | 53.24% |
| 52-Week Low | 12.74 |
| 52-Week High | 15.13 |
| Beta (5Y) | n/a |
| Holdings | 78 |
| 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 15.92% in the past year. Since the fund's inception, the average annual return has been 10.53%, 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% |
| 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% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.30% |
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 | $0.1362 | 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 |
| Sep 28, 2023 | $0.0394 | Sep 28, 2023 |