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Morningstar

Lord Abbett Convertible R2 LBCQX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 13.12  /  −0.15 %
  • Total Assets 571.5 Mil
  • Adj. Expense Ratio
    1.500%
  • Expense Ratio 1.500%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Small
  • Category Convertibles
  • Investment Style Small Blend
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.23%
  • Turnover 124%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis LBCQX

Will LBCQX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LBCQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LBCQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LBCQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Lord Abbett Convertible R2'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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LBCQX

More LBCQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Okta Inc. 0.13%

5.26 29.3 Mil
Corporate

Euronet Worldwide, Inc. 0.75%

3.94 22.0 Mil
Corporate

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

3.82 21.3 Mil
Financial Services

BILL Holdings Inc 0%

3.69 20.6 Mil
Corporate

Biomarin Pharmaceutical Inc. 0.6%

3.66 20.4 Mil
Corporate

Lumentum Holdings Inc. 0.25%

3.60 20.1 Mil
Corporate

Uber Technologies Inc 0%

3.30 18.4 Mil
Corporate

Shopify Inc 0.13%

2.81 15.7 Mil
Corporate

Corporate Office Properties LP 5.25%

2.59 14.5 Mil
Corporate

Zillow Group Inc 2.75%

2.36 13.2 Mil
Corporate