Lord Abbett Convertible Fund Class A: (MF: LACFX)
(NASDAQ Mutual Funds) As of Sep 24, 2024 08:00 PM ET
$13.72 USD
+0.02 (0.15%)
Fund Description
The fund was incepted in June 2003 and is managed by Lord, Abbett & Co. LLC. The objective of the fund is to seek current income and the opportunity for capital appreciation to produce a high total return. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of convertible securities issued by U.S. and foreign companies. The fund also invests in investment grade debt securities and lower-rated debt securities. The fund may invest up to 20% of its net assets in non-convertible fixed income securities, equity securities, including common stocks and preferred stocks and up to 20% of its net assets in foreign securities that are primarily traded outside the United States. The fund distributes dividends quarterly. Capital gains, if any are distributed annually.
Load Information
Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
---|---|---|---|---|---|---|---|
Lord Abbett Convertible A | LACFX | 2.25 | NA | 0.00 | 0.20 | 0.70 | 1.10 |
Return Data
Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
---|---|---|---|---|---|---|---|
Lord Abbett Convertible Fund A | LACFX | 13.72 | 6/30/2003 | 1.60 | 12.26 | -4.99 | 8.70 |
Lord Abbett Convertible Fund C | LACCX | 13.25 | 6/30/2003 | 1.02 | 11.53 | -5.60 | 7.99 |
Lord Abbett Convertible Fund P | LCFPX | 13.71 | 6/30/2003 | 1.33 | 12.01 | -5.22 | 8.44 |
Lord Abbett Convertible Fund I | LCFYX | 13.54 | 6/30/2003 | 1.77 | 12.45 | -4.80 | 8.91 |
Lord Abbett Convertible Fund R3 | LCFRX | 13.18 | 10/1/2007 | 1.33 | 11.94 | -5.27 | 8.37 |
Lord Abbett Convertible Fund R2 | LBCQX | 13.75 | 10/1/2007 | 1.19 | 11.77 | -5.36 | 8.28 |
Lord Abbett Convertible Fund F | LBFFX | 13.43 | 10/1/2007 | 1.68 | 12.34 | -4.88 | 8.81 |
Investment Information
Ticker | Minimum Initial Investment ($) | 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 |