Morningstar

Lord Abbett Convertible I LCFYX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 13.86  /  +0.51 %
  • Total Assets 579.3 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Convertibles
  • Investment Style —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 1.97%
  • Turnover 124%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis LCFYX

Will LCFYX 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 LCFYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LCFYX 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 LCFYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Lord Abbett Convertible I's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LCFYX

More LCFYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

IAC Financeco 2 Inc / IAC Financeco 3 Inc 0.88%

3.77 21.6 Mil
Corporate

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

3.74 21.5 Mil
Financial Services

BILL Holdings Inc 0%

3.72 21.4 Mil
Corporate

Ringcentral Inc 0%

3.63 20.9 Mil
Corporate

NuVasive Inc. 0.38%

3.57 20.5 Mil
Corporate

Okta Inc. 0.13%

3.28 18.8 Mil
Corporate

Shopify Inc 0.13%

3.08 17.7 Mil
Corporate

Microchip Technology Incorporated 0.75%

3.06 17.5 Mil
Corporate

Uber Technologies Inc 0%

2.90 16.6 Mil
Corporate

NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025)

2.76 15.8 Mil
Utilities

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