Lord Abbett Convertible Fund Class C: (MF: LACCX)
(NASDAQ Mutual Funds) As of Aug 16, 2024 08:00 PM ET
$13.14 USD
+0.02 (0.15%)
Fund Description
The fund was incepted in June 2003 and is managed by Lord, Abbett & Co. LLC. The objective of the fund is to seek current income and the opportunity for capital appreciation to produce a high total return. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of convertible securities issued by U.S. and foreign companies. The fund also invests in investment grade debt securities and lower-rated debt securities. The fund may invest up to 20% of its net assets in non-convertible fixed income securities, equity securities, including common stocks and preferred stocks and up to 20% of its net assets in foreign securities that are primarily traded outside the United States. The fund distributes dividends quarterly. Capital gains, if any are distributed annually.
Load Information
Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
---|---|---|---|---|---|---|---|
Lord Abbett Convertible C | LACCX | NA | NA | 1.00 | 0.83 | 0.70 | 1.71 |
Return Data
Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
---|---|---|---|---|---|---|---|
Lord Abbett Convertible Fund A | LACFX | 12.97 | 6/30/2003 | 1.62 | 7.69 | -4.93 | 8.36 |
Lord Abbett Convertible Fund C | LACCX | 13.14 | 6/30/2003 | 1.03 | 7.10 | -5.54 | 7.67 |
Lord Abbett Convertible Fund P | LCFPX | 13.29 | 6/30/2003 | 1.35 | 7.47 | -5.15 | 8.11 |
Lord Abbett Convertible Fund I | LCFYX | 13.27 | 6/30/2003 | 1.80 | 7.99 | -4.73 | 8.59 |
Lord Abbett Convertible Fund R2 | LBCQX | 13.47 | 10/1/2007 | 1.21 | 7.32 | -5.28 | 7.95 |
Lord Abbett Convertible Fund F | LBFFX | 12.96 | 10/1/2007 | 1.70 | 7.85 | -4.83 | 8.48 |
Lord Abbett Convertible Fund R3 | LCFRX | 13.04 | 10/1/2007 | 1.35 | 7.35 | -5.21 | 8.03 |
Investment Information
Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
---|---|---|---|---|---|
Lord Abbett Convertible C | LACCX | 1500 | 0 | 0 | Q |
Contact Information
Family | Lord Abbett |
Address | 30 Hudson Street Jersey City, NJ 07302 |
Phone | 888 522-2388 |