Lord Abbett Convertible Fund

Frequently Asked Questions About LACFX

What does LACFX invest in?

The fund generally commits a significant portion—at least 80% of its net assets, supplemented by any funds borrowed for investment purposes—to a widely diversified collection of convertible securities. These investments are sourced from both domestic (U.S.) and international companies. Specifically, convertible securities are financial instruments like corporate bonds, debentures, notes, and preferred stocks, along with any other securities that can either be converted into common stock or offer the chance for equity ownership.

What is the expense ratio of LACFX?

Lord Abbett Convertible Fund (LACFX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LACFX?

Lord Abbett Convertible Fund (LACFX) manages $702.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LACFX actively managed or an index fund?

LACFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was LACFX launched?

Lord Abbett Convertible Fund (LACFX) launched in June 2003 and is managed by the fund issuer.

How has LACFX performed?

LACFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.