Lord Abbett Convertible Fund Class R6 (LCFVX)
| Fund Assets | 619.70M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,500 |
| Turnover | 151.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 1.60% |
| Dividend Growth | -7.04% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 19.43 |
| YTD Return | 13.32% |
| 1-Year Return | 38.98% |
| 5-Year Return | 25.91% |
| 52-Week Low | 14.27 |
| 52-Week High | 19.48 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | Jun 30, 2015 |
About LCFVX
The Lord Abbett Convertible Fund Class R6 is a mutual fund designed to provide investors with a blend of current income and the potential for capital appreciation by primarily investing in convertible securities. These securities, which include convertible bonds, preferred stocks, and other instruments that can be exchanged for equity, offer a hybrid profile—combining attributes of both fixed income and equities. The fund allocates at least 80% of its assets to a diversified portfolio of convertible securities issued by U.S. and foreign companies, with the flexibility to invest in both investment grade and below-investment-grade (high-yield) issuances. Up to 20% of assets may also be allocated to non-convertible debt, equity securities, or foreign securities denominated in non-U.S. currencies. The fund employs fundamental, bottom-up analysis to identify undervalued opportunities and, as part of its strategy, may use derivatives to manage risk or enhance returns. With a focus on diversification across industries and issuers, the Lord Abbett Convertible Fund Class R6 caters to investors seeking a strategic mix of income generation and the potential for equity-like growth within their portfolios.
Performance
LCFVX had a total return of 38.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.57%.
Top 10 Holdings
37.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 4.60% |
| Redfin Corporation 0.5% | RDFN.0.5 04.01.27 | 4.38% |
| MGP Ingredients Inc. 1.88% | MGPI.1.875 11.15.41 | 4.37% |
| Sea Ltd. 0.25% | SEALTD.0.25 09.15.26 | 4.02% |
| Coinbase Global Inc 0.5% | COIN.0.5 06.01.26 | 3.96% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.58% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 3.57% |
| Borr Drilling Ltd. 5% | BORRNO.5 02.08.28 | 3.25% |
| Akamai Technologies, Inc. 0.38% | AKAM.0.375 09.01.27 | 3.21% |
| Alibaba Group Holding Ltd. 0% | BABA.0 09.15.32 | 2.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.0457 | Mar 27, 2026 |
| Dec 30, 2025 | $0.131 | 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 |
| Dec 27, 2024 | $0.1362 | Dec 27, 2024 |