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.
Lord Abbett Convertible R3 LCFRX
- NAV / 1-Day Return 12.71 / +0.63 %
- Total Assets 566.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.400%
- Distribution Fee Level High
- Share Class Type Retirement, Medium
- Category Convertibles
- Investment Style Small Blend
- Min. Initial Investment —
- Status Open
- TTM Yield 1.36%
- Turnover 124%
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis LCFRX
Will LCFRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |