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Trending ETFs

Lord Abbett Convertible Fund

mutual fund
LCFYX
Dividend policy
Active
Price as of:
$19.69 +0.0 +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:
$19.69 +0.0 +0%
primary theme
Convertible Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$19.69

-

0.79%

$0.16

0.86%

Vitals

YTD Return

3.0%

1 yr return

21.5%

3 Yr Avg Return

23.3%

5 Yr Avg Return

19.9%

Net Assets

$1.68 B

Holdings in Top 10

25.6%

52 WEEK LOW AND HIGH

$19.69
$17.73
$22.13

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 138.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Convertibles


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$19.69

-

0.79%

$0.16

0.86%

LCFYX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 23.3%
  • 5 Yr Annualized Total Return 19.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.05%
DIVIDENDS
  • Dividend Yield 0.8%
  • 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 3.0% -6.4% 10.3% 74.73%
1 Yr 21.5% 5.8% 42.3% 62.64%
3 Yr 23.3%* 7.3% 23.6% 7.32%
5 Yr 19.9%* 6.4% 20.2% 8.64%
10 Yr 13.8%* 6.9% 14.7% 20.00%

* Annualized

Return Ranking - Calendar

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
2020 41.1% -4.1% 54.0% 15.66%
2019 14.1% 4.5% 24.4% 72.50%
2018 -10.1% -15.4% -2.5% 50.65%
2017 13.8% -7.8% 15.4% 16.00%
2016 8.5% 0.4% 14.2% 16.44%

Total Return Ranking - Trailing

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -6.4% 10.3% 74.73%
1 Yr 21.5% 3.8% 38.4% 52.17%
3 Yr 23.3%* 6.5% 23.6% 7.06%
5 Yr 19.9%* 6.2% 20.2% 8.33%
10 Yr 13.8%* 6.9% 14.7% 17.33%

* Annualized

Total Return Ranking - Calendar

Period LCFYX Return Category Return Low Category Return High Rank in Category (%)
2020 41.1% -4.1% 54.0% 15.66%
2019 14.1% 4.5% 24.4% 72.50%
2018 -3.3% -15.4% 4.5% 29.87%
2017 16.8% 1.8% 18.4% 9.33%
2016 12.7% 0.4% 16.5% 4.11%

NAV & Total Return History


LCFYX - Holdings

Concentration Analysis

LCFYX Category Low Category High LCFYX % Rank
Net Assets 1.68 B 26 M 6.69 B 43.02%
Number of Holdings 81 10 379 80.00%
Net Assets in Top 10 426 M -11.6 M 1.16 B 31.58%
Weighting of Top 10 25.63% 9.7% 100.0% 37.89%

Top 10 Holdings

  1. Western Digital Corp. 1.5% 3.35%
  2. Sunpower Corporation 4% 3.10%
  3. Square Inc 0.25% 3.03%
  4. Scorpio Tankers Inc 3% 5/15/2025 2.86%
  5. Scorpio Tankers Inc 3% 5/15/2025 2.86%
  6. Scorpio Tankers Inc 3% 5/15/2025 2.86%
  7. Scorpio Tankers Inc 3% 5/15/2025 2.86%
  8. Scorpio Tankers Inc 3% 5/15/2025 2.86%
  9. Scorpio Tankers Inc 3% 5/15/2025 2.86%
  10. Scorpio Tankers Inc 3% 5/15/2025 2.86%

Asset Allocation

Weighting Return Low Return High LCFYX % Rank
Convertible Bonds
85.25% 0.41% 121.44% 15.79%
Preferred Stocks
10.07% 0.00% 26.09% 50.53%
Stocks
4.68% 0.00% 42.03% 69.47%
Other
0.00% -17.05% 1.51% 80.00%
Cash
0.00% -56.89% 11.19% 92.63%
Bonds
0.00% -26.84% 73.80% 84.21%

Stock Sector Breakdown

Weighting Return Low Return High LCFYX % Rank
Utilities
68.88% 0.00% 100.00% 22.99%
Healthcare
18.12% 0.00% 18.24% 10.34%
Technology
13.00% 0.00% 28.49% 35.63%
Real Estate
0.00% 0.00% 27.42% 75.86%
Industrials
0.00% 0.00% 100.00% 96.55%
Financial Services
0.00% 0.00% 92.56% 78.16%
Energy
0.00% 0.00% 15.22% 82.76%
Communication Services
0.00% 0.00% 47.36% 82.76%
Consumer Defense
0.00% 0.00% 6.96% 75.86%
Consumer Cyclical
0.00% 0.00% 39.07% 77.01%
Basic Materials
0.00% 0.00% 14.17% 77.01%

Stock Geographic Breakdown

Weighting Return Low Return High LCFYX % Rank
US
3.85% 0.00% 41.52% 76.84%
Non US
0.83% 0.00% 4.40% 28.42%

LCFYX - Expenses

Operational Fees

LCFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.20% 2.97% 73.03%
Management Fee 0.69% 0.20% 1.33% 56.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.04% 0.15% 53.33%

Sales Fees

LCFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 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% 30.00% 242.00% 78.82%

LCFYX - Distributions

Dividend Yield Analysis

LCFYX Category Low Category High LCFYX % Rank
Dividend Yield 0.79% 0.00% 0.76% 75.79%

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% 55.95%

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

8.35

8.4%

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

0.75

0.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.5 36.22 10.18 6.67