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Lord Abbett Convertible A LACFX

Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 13.27  /  +0.30 %
  • Total Assets 580.4 Mil
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.100%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Convertibles
  • Investment Style
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 1.63%
  • Turnover 124%

USD | NAV as of Jul 19, 2024 | 1-Day Return as of Jul 19, 2024, 10:14 PM GMT+0

Morningstar’s Analysis LACFX

Will LACFX outperform in future?

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

Lord Abbett Convertible A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings LACFX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 36.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Okta Inc. 0.13%

4.46 25.9 Mil
Corporate

NuVasive Inc. 0.38%

3.93 22.8 Mil
Corporate

Euronet Worldwide, Inc. 0.75%

3.80 22.1 Mil
Corporate

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

3.69 21.4 Mil
Financial Services

IAC Financeco 2 Inc / IAC Financeco 3 Inc 0.88%

3.64 21.1 Mil
Corporate

BILL Holdings Inc 0%

3.62 21.0 Mil
Corporate

Ringcentral Inc 0%

3.59 20.9 Mil
Corporate

Biomarin Pharmaceutical Inc. 0.6%

3.54 20.6 Mil
Corporate

Shopify Inc 0.13%

3.45 20.0 Mil
Corporate

Uber Technologies Inc 0%

2.84 16.5 Mil
Corporate