Lord Abbett Convertible Fund Class A: (MF: LACFX)
(NASDAQ Mutual Funds) As of May 2, 2025 08:00 PM ET
$14.34 USD
+0.16 (1.13%)
Fund Description
The fund was incepted in June 2003 and is managed by Lord, Abbett & Co. LLC. The objective of the fund is to seek current income and the opportunity for capital appreciation to produce a high total return. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of convertible securities issued by U.S. and foreign companies. The fund also invests in investment grade debt securities and lower-rated debt securities. The fund may invest up to 20% of its net assets in non-convertible fixed income securities, equity securities, including common stocks and preferred stocks and up to 20% of its net assets in foreign securities that are primarily traded outside the United States. The fund distributes dividends quarterly. Capital gains, if any are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Lord Abbett Convertible A | LACFX | 2.25 | NA | 0.00 | 0.20 | 0.70 | 1.09 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Convertible Fund A | LACFX | 14.34 | 6/30/2003 | 2.21 | 7.02 | -0.16 | 10.35 |
| Lord Abbett Convertible Fund C | LACCX | 13.44 | 6/30/2003 | 1.60 | 6.43 | -0.78 | 9.63 |
| Lord Abbett Convertible Fund P | LCFPX | 13.85 | 6/30/2003 | 1.89 | 6.86 | -0.40 | 10.09 |
| Lord Abbett Convertible Fund I | LCFYX | 13.72 | 6/30/2003 | 2.39 | 7.25 | 0.03 | 10.56 |
| Lord Abbett Convertible Fund R2 | LBCQX | 13.95 | 10/1/2007 | 1.76 | 6.65 | -0.54 | 9.93 |
| Lord Abbett Convertible Fund F | LBFFX | 13.61 | 10/1/2007 | 2.30 | 7.20 | -0.05 | 10.47 |
| Lord Abbett Convertible Fund R3 | LCFRX | 13.38 | 10/1/2007 | 1.93 | 6.76 | -0.46 | 10.01 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Lord Abbett Convertible A | LACFX | 1500 | 0 | 0 | Q |
Contact Information
| Family | Lord Abbett |
| Address | 30 Hudson Street Jersey City, NJ 07302 |
| Phone | 888 522-2388 |