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Trending ETFs

Lord Abbett Convertible Fund

mutual fund
LCFYX
Dividend policy
Active
Price as of:
$18.7 +0.36 +0%
primary theme
Convertible Bond
LCFYX (Mutual Fund)

Lord Abbett Convertible Fund

LCFYX (Mutual Fund)
Lord Abbett Convertible Fund
Dividend policy
Active
Price as of:
$18.7 +0.36 +0%
primary theme
Convertible Bond

LCFYX - Snapshot

Vitals

  • YTD Return -2.2%
  • 3 Yr Annualized Return 26.6%
  • 5 Yr Annualized Return 22.0%
  • Net Assets $1.83 B
  • Holdings in Top 10 24.9%

52 WEEK LOW AND HIGH

$18.34
$14.54
$22.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.86%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 138.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Theme Convertible Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Convertibles

Compare LCFYX to Popular Convertible Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$28.39

+1.57%

$5.24 B

1.03%

$0.29

blocked
blocked
blocked

0.32%

0.83%

$42.49

+2.09%

$3.02 B

0.85%

$0.35

blocked
blocked
blocked

-1.58%

0.71%

$29.85

+2.02%

$2.72 B

1.33%

$0.39

blocked
blocked
blocked

-0.63%

1.12%

$40.92

+1.94%

$2.20 B

2.85%

$1.14

blocked
blocked
blocked

2.35%

0.63%

$18.70

+1.96%

$1.83 B

0.83%

$0.15

blocked
blocked
blocked

-2.20%

0.86%

Compare LCFYX to Popular Convertible Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$79.92

-0.44%

$6.70 B

2.33%

$1.87

blocked
blocked
blocked

-1.78%

0.40%

$47.79

-0.34%

$278.43 M

1.00%

$0.48

blocked
blocked
blocked

-0.37%

0.95%

LCFYX - Profile

Distributions

  • YTD Total Return -2.2%
  • 3 Yr Annualized Total Return 26.6%
  • 5 Yr Annualized Total Return 22.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Lord Abbett Convertible Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jun 30, 2003
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alan Kurtz

Fund Description

The fund normally 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. Convertible securities may include corporate bonds, debentures, notes, preferred stocks, and any other securities that can be exchanged for equity securities or provide an opportunity for equity participation.


LCFYX - Performance

Return Ranking - Trailing

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -5.1% 7.7% 81.18%
1 Yr 65.8% 27.1% 72.3% 6.98%
3 Yr 26.6%* 6.9% 26.7% 4.82%
5 Yr 22.0%* 7.7% 22.1% 3.66%
10 Yr 12.3%* 5.6% 13.1% 22.22%

* Annualized

Return Ranking - Calendar

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
2020 41.1% -4.1% 54.0% 17.28%
2019 14.1% 4.5% 24.4% 72.84%
2018 -10.1% -15.4% -2.5% 50.00%
2017 13.8% -7.8% 15.4% 15.79%
2016 8.5% 0.4% 14.2% 16.22%

Total Return Ranking - Trailing

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -5.1% 7.7% 77.65%
1 Yr 65.8% 23.0% 72.3% 6.98%
3 Yr 26.6%* 6.9% 26.7% 4.82%
5 Yr 22.0%* 7.5% 22.1% 3.66%
10 Yr 12.3%* 5.6% 13.1% 19.44%

* Annualized

Total Return Ranking - Calendar

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
2020 41.1% -4.1% 54.0% 17.28%
2019 14.1% 4.5% 24.4% 72.84%
2018 -3.3% -15.4% 4.5% 30.77%
2017 16.8% 1.8% 18.4% 9.21%
2016 12.7% 0.4% 16.5% 4.05%

NAV & Total Return History


LCFYX - Holdings

Concentration Analysis

LCFYX Category Low Category High LCFYX % Rank
Net Assets 1.83 B 16.1 M 6.7 B 44.83%
Number of Holdings 81 42 367 85.06%
Net Assets in Top 10 424 M -17.5 M 1.03 B 29.89%
Weighting of Top 10 24.94% 9.4% 83.2% 22.99%

Top 10 Holdings

  1. Western Digital Corp. 1.5% 3.22%
  2. Sunpower Corporation 4% 3.10%
  3. Square Inc 0.25% 3.06%
  4. Weibo Corporation 1.25% 2.91%
  5. Wayfair Inc 0.63% 2.66%
  6. JetBlue Airways Corporation 0.5% 2.66%
  7. Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A 2.59%
  8. DexCom Inc 0.25% 2.52%
  9. Huazhu Group Ltd 0.38% 2.37%
  10. IAC Financeco 2 Inc / IAC Financeco 3 Inc 0.88% 2.26%

Asset Allocation

Weighting Return Low Return High LCFYX % Rank
Convertible Bonds
89.49% 3.48% 116.38% 18.39%
Preferred Stocks
7.77% 0.00% 18.99% 65.52%
Stocks
2.74% 0.00% 30.60% 82.76%
Other
0.00% -16.33% 7.56% 72.41%
Cash
0.00% 0.00% 9.92% 95.40%
Bonds
0.00% -27.01% 51.48% 75.86%

Stock Sector Breakdown

Weighting Return Low Return High LCFYX % Rank
Utilities
66.76% 0.00% 100.00% 44.30%
Healthcare
33.24% 0.00% 33.24% 11.39%
Technology
0.00% 0.00% 23.82% 79.75%
Real Estate
0.00% 0.00% 22.98% 68.35%
Industrials
0.00% 0.00% 100.00% 97.47%
Financial Services
0.00% 0.00% 96.48% 73.42%
Energy
0.00% 0.00% 13.34% 79.75%
Communication Services
0.00% 0.00% 15.03% 69.62%
Consumer Defense
0.00% 0.00% 7.14% 69.62%
Consumer Cyclical
0.00% 0.00% 100.00% 69.62%
Basic Materials
0.00% 0.00% 16.21% 69.62%

Stock Geographic Breakdown

Weighting Return Low Return High LCFYX % Rank
US
2.74% 0.00% 30.38% 82.76%
Non US
0.00% 0.00% 2.86% 77.01%

LCFYX - Expenses

Operational Fees

LCFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.07% 3.98% 71.76%
Management Fee 0.69% 0.20% 1.33% 58.14%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.04% 0.15% 60.00%

Sales Fees

LCFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LCFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

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.

LCFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 138.00% 32.46% 242.00% 79.07%

LCFYX - Distributions

Dividend Yield Analysis

LCFYX Category Low Category High LCFYX % Rank
Dividend Yield 0.00% 0.00% 0.79% 74.71%

Dividend Distribution Analysis

LCFYX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

LCFYX Category Low Category High LCFYX % Rank
Net Income Ratio 1.05% -14.00% 7.18% 55.29%

Capital Gain Distribution Analysis

LCFYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

LCFYX - Fund Manager Analysis

Managers

Alan Kurtz


Start Date

Tenure

Tenure Rank

Apr 29, 2013

8.01

8.0%

Mr. Kurtz is a portfolio manager for the convertible strategy. Mr. Kurtz joined Lord Abbett's Operations Department in 2000. In 2002, he joined the convertible investment team as a sector analyst. He subsequently added responsibility for trading the convertible strategy, and in 2007 was asked to manage the day-to-day operations of the convertible separately managed account strategy. In 2013, he became a portfolio manager of the convertible strategy. Mr. Kurtz received a BA from Hartwick College and an MBA from New York University. He has been in the investment business since 2000.

Jeremy Lehmann


Start Date

Tenure

Tenure Rank

Dec 01, 2020

0.41

0.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 35.88 9.86 6.33