# Lord Abbett Convertible Fund (LACFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lacfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Lord Abbett · Asset class: Equity - Strategy: Thematic · Inception: 2003-06-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $17.82 | | Expense Ratio | 1.10% | | Assets Under Management | $615.4M | | NAV | $17.82 | | Holdings Count | — | | Distribution Yield (TTM) | 1.44% | | Annual Distribution (TTM) | $0.26 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $16.33 – $20.70 | | Beta | 1.04 | ## Latest Distribution - Amount: $0.0440 /share - Ex-date: 2026-09-25 - Pay date: — ## Frequently Asked Questions ### 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 $615.4M 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 Lord Abbett. ### 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. ### Does LACFX pay a dividend? Lord Abbett Convertible Fund (LACFX) currently distributes little or no income. Trailing-twelve-month yield is 1.44%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does LACFX pay dividends? Lord Abbett Convertible Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is LACFX's dividend yield? LACFX's trailing-twelve-month yield is 1.44%, calculated from the sum of dividends over the past year divided by the current price. ### When is LACFX's next ex-dividend date? The most recently announced ex-dividend date for LACFX was 2026-09-25. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will LACFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LACFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LACFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LACFX cost more than a fund like VOO? LACFX's strategy (current expense ratio 1.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where LACFX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to LACFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LACFX (1.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lacfx - Distribution history: https://www.dividenddata.com/funds/lacfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lacfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lacfx/expenses - Peer comparison: https://www.dividenddata.com/funds/lacfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.