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Lord Abbett Convertible C LACCX

Quantitative rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 12.46  /  0.40 %
  • Total Assets 821.4 Mil
  • Adj. Expense Ratio
    1.730%
  • Expense Ratio 1.710%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Convertibles
  • Investment Style Large Growth
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 1.72%
  • Turnover 165%

Morningstar’s Analysis LACCX

Will LACCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

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A drop in its Process Pillar rating is the primary driver of Lord Abbett Convertible C's downgrade to a Morningstar Quantitative Rating of Negative from Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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