Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
9.9%
1 yr return
13.1%
3 Yr Avg Return
3.0%
5 Yr Avg Return
6.8%
Net Assets
$2.15 B
Holdings in Top 10
28.2%
Expense Ratio 5.39%
Front Load 2.50%
Deferred Load 1.50%
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
N/A
Fund Type
Closed-end mutual fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | LARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.9% | -8.0% | 14.7% | 2.91% |
1 Yr | 13.1% | -6.4% | 30.0% | 28.94% |
3 Yr | 3.0%* | -16.8% | 16.7% | 17.43% |
5 Yr | 6.8%* | -14.1% | 14.4% | 2.88% |
10 Yr | N/A* | -6.9% | 6.9% | N/A |
* Annualized
Period | LARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -12.0% | 15.7% | 74.77% |
2022 | -16.9% | -31.8% | 18.4% | 84.64% |
2021 | 2.0% | -16.2% | 25.7% | 7.13% |
2020 | 3.8% | -31.1% | 18.7% | 27.11% |
2019 | N/A | -6.1% | 15.3% | N/A |
Period | LARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.9% | -8.0% | 14.7% | 2.91% |
1 Yr | 13.1% | -6.4% | 30.0% | 28.94% |
3 Yr | 3.0%* | -16.8% | 16.7% | 17.43% |
5 Yr | 6.8%* | -14.1% | 14.4% | 2.88% |
10 Yr | N/A* | -6.9% | 6.9% | N/A |
* Annualized
Period | LARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.2% | -6.9% | 22.2% | 19.42% |
2022 | -9.4% | -31.8% | 21.1% | 52.51% |
2021 | 13.0% | -13.5% | 49.9% | 3.08% |
2020 | 12.0% | -28.6% | 24.1% | 3.87% |
2019 | N/A | -4.8% | 19.1% | N/A |
LARAX | Category Low | Category High | LARAX % Rank | |
---|---|---|---|---|
Net Assets | 2.15 B | 2.53 M | 143 B | 28.19% |
Number of Holdings | 156 | 4 | 9195 | 76.70% |
Net Assets in Top 10 | 606 M | -204 M | 80.4 B | 29.63% |
Weighting of Top 10 | 28.16% | 6.2% | 209.5% | 48.37% |
Weighting | Return Low | Return High | LARAX % Rank | |
---|---|---|---|---|
Bonds | 67.49% | 0.00% | 192.97% | 80.09% |
Other | 26.85% | -73.61% | 112.16% | 8.02% |
Convertible Bonds | 7.02% | 0.00% | 33.50% | 8.56% |
Cash | 4.66% | -94.66% | 91.07% | 37.65% |
Stocks | 0.96% | -4.92% | 99.66% | 40.12% |
Preferred Stocks | 0.05% | 0.00% | 26.42% | 35.49% |
Weighting | Return Low | Return High | LARAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 75.41% |
Technology | 0.00% | 0.00% | 28.30% | 71.43% |
Real Estate | 0.00% | 0.00% | 100.00% | 74.24% |
Industrials | 0.00% | 0.00% | 100.00% | 79.39% |
Healthcare | 0.00% | 0.00% | 18.60% | 73.54% |
Financial Services | 0.00% | 0.00% | 100.00% | 83.37% |
Energy | 0.00% | 0.00% | 100.00% | 87.35% |
Communication Services | 0.00% | 0.00% | 100.00% | 82.44% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 74.47% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 0.70% |
Basic Materials | 0.00% | 0.00% | 100.00% | 74.24% |
Weighting | Return Low | Return High | LARAX % Rank | |
---|---|---|---|---|
US | 0.96% | -4.84% | 99.66% | 37.04% |
Non US | 0.00% | -0.26% | 17.73% | 78.24% |
Weighting | Return Low | Return High | LARAX % Rank | |
---|---|---|---|---|
Corporate | 75.58% | 0.00% | 96.66% | 6.53% |
Securitized | 22.82% | 0.00% | 99.65% | 37.74% |
Cash & Equivalents | 4.31% | 0.00% | 88.00% | 39.63% |
Derivative | 0.03% | -73.61% | 112.16% | 48.76% |
Municipal | 0.00% | 0.00% | 54.26% | 84.39% |
Government | 0.00% | 0.00% | 99.43% | 96.34% |
Weighting | Return Low | Return High | LARAX % Rank | |
---|---|---|---|---|
US | 65.76% | 0.00% | 192.97% | 68.36% |
Non US | 1.73% | 0.00% | 74.14% | 52.62% |
LARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 5.39% | 0.03% | 20.67% | 1.23% |
Management Fee | 1.25% | 0.00% | 2.29% | 92.96% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 76.00% |
Administrative Fee | 0.04% | 0.00% | 0.70% | 10.80% |
LARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.50% | 0.00% | 5.75% | 88.24% |
Deferred Load | 1.50% | 1.00% | 1.50% | 1.20% |
LARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 43.75% |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
LARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 632.00% | 17.86% |
LARAX | Category Low | Category High | LARAX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.93% | 0.00% | 23.30% | 3.21% |
LARAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
LARAX | Category Low | Category High | LARAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.54% | -1.55% | 11.51% | 5.02% |
LARAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.060 | OrdinaryDividend |
Aug 31, 2024 | $0.059 | OrdinaryDividend |
Jul 31, 2024 | $0.080 | OrdinaryDividend |
Jun 30, 2024 | $0.061 | OrdinaryDividend |
Apr 30, 2024 | $0.089 | OrdinaryDividend |
Mar 31, 2024 | $0.070 | OrdinaryDividend |
Feb 29, 2024 | $0.073 | OrdinaryDividend |
Jan 31, 2024 | $0.081 | OrdinaryDividend |
Dec 31, 2023 | $0.066 | OrdinaryDividend |
Nov 30, 2023 | $0.060 | OrdinaryDividend |
Oct 31, 2023 | $0.073 | OrdinaryDividend |
Sep 30, 2023 | $0.060 | OrdinaryDividend |
Aug 31, 2023 | $0.061 | OrdinaryDividend |
Jul 31, 2023 | $0.064 | OrdinaryDividend |
Jun 30, 2023 | $0.073 | OrdinaryDividend |
May 31, 2023 | $0.068 | OrdinaryDividend |
Apr 30, 2023 | $0.069 | OrdinaryDividend |
Mar 31, 2023 | $0.065 | OrdinaryDividend |
Feb 28, 2023 | $0.064 | OrdinaryDividend |
Jan 31, 2023 | $0.059 | OrdinaryDividend |
Dec 31, 2022 | $0.055 | OrdinaryDividend |
Dec 20, 2022 | $0.107 | OrdinaryDividend |
Nov 30, 2022 | $0.055 | OrdinaryDividend |
Oct 31, 2022 | $0.062 | OrdinaryDividend |
Sep 30, 2022 | $0.060 | OrdinaryDividend |
Aug 31, 2022 | $0.060 | OrdinaryDividend |
Jul 31, 2022 | $0.061 | OrdinaryDividend |
Jul 28, 2022 | $0.030 | OrdinaryDividend |
Jun 30, 2022 | $0.060 | OrdinaryDividend |
May 31, 2022 | $0.065 | OrdinaryDividend |
Apr 30, 2022 | $0.058 | OrdinaryDividend |
Mar 31, 2022 | $0.056 | OrdinaryDividend |
Feb 28, 2022 | $0.050 | OrdinaryDividend |
Jan 31, 2022 | $0.052 | OrdinaryDividend |
Dec 31, 2021 | $0.053 | OrdinaryDividend |
Dec 17, 2021 | $0.352 | OrdinaryDividend |
Nov 30, 2021 | $0.058 | OrdinaryDividend |
Oct 31, 2021 | $0.056 | OrdinaryDividend |
Sep 30, 2021 | $0.059 | OrdinaryDividend |
Aug 31, 2021 | $0.064 | OrdinaryDividend |
Jul 31, 2021 | $0.065 | OrdinaryDividend |
Jul 29, 2021 | $0.042 | OrdinaryDividend |
Jun 30, 2021 | $0.057 | OrdinaryDividend |
May 31, 2021 | $0.067 | OrdinaryDividend |
Apr 30, 2021 | $0.048 | OrdinaryDividend |
Mar 31, 2021 | $0.050 | OrdinaryDividend |
Feb 28, 2021 | $0.048 | OrdinaryDividend |
Jan 31, 2021 | $0.047 | OrdinaryDividend |
Dec 31, 2020 | $0.040 | OrdinaryDividend |
Nov 30, 2020 | $0.068 | OrdinaryDividend |
Oct 30, 2020 | $0.056 | OrdinaryDividend |
Sep 30, 2020 | $0.062 | OrdinaryDividend |
Aug 31, 2020 | $0.055 | OrdinaryDividend |
Jul 31, 2020 | $0.058 | OrdinaryDividend |
Jun 30, 2020 | $0.060 | OrdinaryDividend |
May 29, 2020 | $0.052 | OrdinaryDividend |
Apr 30, 2020 | $0.060 | OrdinaryDividend |
Mar 31, 2020 | $0.062 | OrdinaryDividend |
Feb 28, 2020 | $0.061 | OrdinaryDividend |
Jan 31, 2020 | $0.072 | OrdinaryDividend |
Dec 18, 2019 | $0.005 | OrdinaryDividend |
Dec 18, 2019 | $0.002 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Feb 21, 2019
3.27
3.3%
Mr. Lapin joined Lord Abbett in 2012 as a portfolio manager for Lord Abbett’s taxable fixed-income strategies, and was named Partner in 2016. He began his career in the financial services industry in 1997. Previously, he was Managing Director and Head of European Market Credit Coverage at Post Advisory Group. His prior experience also includes serving as Partner, Co-Portfolio Manager at Tablerock Fund Management, LLC; Analyst at Avenue Capital Management, LLC; and Research Analyst at M.J. Whitman, Inc. He earned an AB from Georgetown University, an MBA from New York University’s Leonard N. Stern School of Business, and a JD from Northwestern University’s School of Law.
Start Date
Tenure
Tenure Rank
Feb 21, 2019
3.27
3.3%
Mr. Yuoh is a portfolio manager for the taxable fixed income strategies. Mr. Yuoh joined Lord Abbett in 2010, and was named Partner in 2012. His prior experience includes: Senior Vice President – Director of Fundamental Research and Senior Portfolio Manager at Alliance Bernstein, LLP; Vice President – Senior Portfolio Manager at Credit Suisse Asset Management; and Mortgage-Backed Securities Portfolio Manager at Sanford C. Bernstein & Co., Inc. Mr. Yuoh received a BS from Cornell University and has been in the investment business since 1994.
Start Date
Tenure
Tenure Rank
May 31, 2021
1.0
1.0%
Start Date
Tenure
Tenure Rank
May 31, 2021
1.0
1.0%
Mr. Castle joined Lord Abbett in 2015. Mr. Castle was formerly Vice President at Credit Suisse from 2013 to 2015 and Assistant Vice President at AllianceBernstein from 2008 to 2013.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...