Convertible Fund
Daily price w/o sales charge as of 04/30/2026
$19.84
$0.27
YTD Returns w/o sales charge as of 04/30/2026
14.32%
Overall Morningstar RatingsConvertibles
as of 03/31/2026
Morningstar rated the Lord Abbett Convertible Fund class P share 5, 2 and 4 stars among 74, 70 and 63 Convertibles Funds for the overall rating and the 3, 5 and 10 year periods ended 3/31/2026, respectively.
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 03/31/2026
- Total Net Assets
- $619.70 M
- Inception Date
- 06/30/2003
- Dividend Frequency
- Quarterly
- Fund Gross Expense Ratio
- 1.35%
- Fund Net Expense Ratio
- 1.35%
- Number of Holdings
- 85
Yield
12-Month Dividend Yield 1 as of 04/30/2026
| w/o sales charge | 1.20% |
30-Day Standardized Yield 2 as of 03/31/2026 |
0.60% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/30/2003 |
|---|
| w/o sales charge | 4.18% | 28.74% | 14.61% | 3.12% | 11.87% | 8.03% |
| Lipper Category Avg. Convertible Securities Funds | 2.17% | 21.59% | 11.87% | 3.92% | 10.31% | - |
| ICE BofA All Convertible Index | 3.75% | 25.25% | 14.13% | 5.35% | 11.87% | 9.01% |
| w/ sales charge | 4.18% | 28.74% | 14.61% | 3.12% | 11.87% | 8.03% |
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/30/2003 |
|---|
| w/o sales charge | 4.18% | 28.74% | 14.61% | 3.12% | 11.87% | 8.03% |
| Lipper Category Avg. Convertible Securities Funds | 2.17% | 21.59% | 11.87% | 3.92% | 10.31% | - |
| ICE BofA All Convertible Index | 3.75% | 25.25% | 14.13% | 5.35% | 11.87% | 9.01% |
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost.
| Rating | Assets |
|---|---|
| Convertible Bonds | |
| Convertible Preferred Stock | |
| Other | |
| Cash |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
| Rating | Assets |
|---|---|
| Less than 1 year | |
| 1-2.99 years | |
| 3-4.99 years | |
| 5-6.99 years | |
| 7-9.99 years | |
| Greater than 10 years |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
Credit Quality Distribution as of 03/31/2026
| Rating | Assets |
|---|---|
| A | |
| BBB | |
| BB | |
| CCC | |
| Not Rated |
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
INVESTMENT TEAM
Your Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
12-Month Dividend Yield 1 as of 04/30/2026
| w/o sales charge | 1.20% |
30-Day Standardized Yield 2 as of 03/31/2026
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 0.60% | 0.60% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/30/2003 |
|---|
| w/o sales charge | 4.18% | 28.74% | 14.61% | 3.12% | 11.87% | 8.03% |
| Lipper Category Avg. Convertible Securities Funds | 2.17% | 21.59% | 11.87% | 3.92% | 10.31% | - |
| ICE BofA All Convertible Index | 3.75% | 25.25% | 14.13% | 5.35% | 11.87% | 9.01% |
| w/ sales charge | 4.18% | 28.74% | 14.61% | 3.12% | 11.87% | 8.03% |
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/30/2003 |
|---|
| w/o sales charge | 4.18% | 28.74% | 14.61% | 3.12% | 11.87% | 8.03% |
| Lipper Category Avg. Convertible Securities Funds | 2.17% | 21.59% | 11.87% | 3.92% | 10.31% | - |
| ICE BofA All Convertible Index | 3.75% | 25.25% | 14.13% | 5.35% | 11.87% | 9.01% |
Fund Expense Ratio :
Gross 1.35%
Net 1.35%
Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost.
The Fund changed its investment strategy on 06/30/2003. Performance is calculated from this date.
| Year | Fund Returns | ICE BofA All Convertible Index |
|---|
| 2025 | 21.69% | 18.18% |
| 2024 | 13.39% | 11.30% |
| 2023 | 6.81% | 13.05% |
| 2022 | -23.52% | -18.63% |
| 2021 | 0.72% | 6.34% |
| 2020 | 63.59% | 46.22% |
| 2019 | 24.40% | 23.15% |
| 2018 | -3.80% | 0.15% |
| 2017 | 16.30% | 13.70% |
| 2016 | 12.29% | 10.43% |
| 2015 | -8.14% | - |
| 2014 | 5.74% | - |
| 2013 | 25.59% | - |
| 2012 | 11.88% | - |
| 2011 | -9.24% | - |
| 2010 | 14.51% | - |
| 2009 | 35.43% | - |
| 2008 | -31.74% | - |
| 2007 | 8.98% | - |
| 2006 | 8.89% | - |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|
| 2026 | 4.18% | - | - | - |
| 2025 | -1.53% | 11.70% | 7.41% | 3.00% |
| 2024 | 4.48% | 0.28% | 4.25% | 3.81% |
| 2023 | 1.99% | 1.98% | -2.93% | 5.80% |
| 2022 | -7.69% | -16.18% | -0.43% | -0.72% |
| 2021 | 1.45% | -0.37% | 0.05% | -0.40% |
| 2020 | -7.86% | 26.99% | 16.16% | 20.36% |
| 2019 | 11.21% | 4.63% | -0.39% | 7.32% |
| 2018 | 1.17% | 2.51% | 4.91% | -11.59% |
| 2017 | 6.38% | 2.65% | 3.95% | 2.45% |
| 2016 | -1.54% | 3.31% | 7.87% | 2.34% |
| 2015 | 2.45% | -0.65% | -9.59% | -0.17% |
| 2014 | 2.11% | 3.74% | -1.34% | 1.16% |
| 2013 | 6.54% | 3.03% | 7.76% | 6.18% |
| 2012 | 9.32% | -4.16% | 4.66% | 2.03% |
| 2011 | 4.53% | -1.40% | -14.70% | 3.23% |
| 2010 | 3.20% | -7.35% | 11.06% | 7.83% |
| 2009 | 1.85% | 11.36% | 12.92% | 5.74% |
| 2008 | -7.41% | 3.43% | -16.34% | -14.79% |
| 2007 | 2.26% | 3.93% | 2.24% | 0.29% |
| 2006 | 5.96% | -2.19% | 0.60% | 4.45% |
| 2005 | -2.24% | 0.93% | 5.18% | -0.12% |
| 2004 | 2.55% | -1.34% | -1.52% | 7.64% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Rating | Assets |
|---|---|
| Convertible Bonds | |
| Convertible Preferred Stock | |
| Other | |
| Cash |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
| Rating | Assets |
|---|---|
| Less than 1 year | |
| 1-2.99 years | |
| 3-4.99 years | |
| 5-6.99 years | |
| 7-9.99 years | |
| Greater than 10 years |
Credit Quality Distribution as of 03/31/2026
| Rating | Assets |
|---|---|
| A | |
| BBB | |
| BB | |
| CCC | |
| Not Rated |
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
PORTFOLIO DETAILS as of 03/31/2026
- Total Net Assets
- $619.70 M
- Average Coupon
- 2.16%
- Average Effective Duration
- 0.01 Years
- Average Maturity
- 2.61 Years
- Number of Issues
- 85
To view definitions for the above Portfolio Details, Click here.
Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.
Average Effective Maturity is the weighted average of all the maturities of the securities held in a fund. The maturity of a security is the length of time until final payment is due, or if applicable, an earlier date based on relevant factors such as maturity-shortening devices. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.
Top Ten Holdings as of 03/31/2026
| Holding | Sector | Assets |
|---|
| Lumentum Holdings Inc | Technology | 4.6% |
| Redfin Corp | Financial | 4.4% |
| Block Inc | Consumer, Non-cyclical | 4.2% |
| Coinbase Global Inc | Financial | 4.0% |
| Sea Ltd | Communications | 4.0% |
| Bank of America Corp | Financial | 3.4% |
| Akamai Technologies Inc | Technology | 3.2% |
| Boeing Co/The | Industrial | 2.9% |
| Borr Drilling Ltd | Energy | 2.4% |
| Welltower OP LLC | Financial | 2.3% |
| Holding | Coupon | Maturity | Assets |
|---|
| Lumentum Holdings Inc | 0.500% | 06/15/2028 | 4.6% |
| Redfin Corp | 0.500% | 04/01/2027 | 4.4% |
| Block Inc | 0.000% | 05/01/2026 | 4.2% |
| Sea Ltd | 0.250% | 09/15/2026 | 4.0% |
| Coinbase Global Inc | 0.500% | 06/01/2026 | 4.0% |
| Bank of America Corp | 7.250% | 04/30/2174 | 3.4% |
| Akamai Technologies Inc | 0.375% | 09/01/2027 | 3.2% |
| Boeing Co/The | 6.000% | 10/15/2027 | 2.9% |
| Borr Drilling Ltd | 5.000% | 02/08/2028 | 2.4% |
| Welltower OP LLC | 3.125% | 07/15/2029 | 2.3% |
| NextEra Energy Inc | 7.299% | 06/01/2027 | 2.3% |
| Bridgebio Pharma Inc | 2.250% | 02/01/2029 | 2.3% |
| Euronet Worldwide Inc | 0.625% | 10/01/2030 | 2.2% |
| Enphase Energy Inc | 0.000% | 03/01/2028 | 2.0% |
| Cloudflare Inc | 0.000% | 06/15/2030 | 1.8% |
| MGP Ingredients Inc | 1.875% | 11/15/2026 | 1.8% |
| Albemarle Corp | 7.250% | 03/01/2027 | 1.8% |
| Guardant Health Inc | 0.000% | 05/15/2033 | 1.7% |
| SoFi Technologies Inc | 0.000% | 10/15/2026 | 1.6% |
| Meritage Homes Corp | 1.750% | 05/15/2028 | 1.6% |
| MKS Inc | 1.250% | 06/01/2030 | 1.5% |
| Southern Co/The | 4.500% | 06/15/2027 | 1.5% |
| BILL Holdings Inc | 0.000% | 04/01/2030 | 1.5% |
| Ionis Pharmaceuticals Inc | 0.000% | 12/01/2030 | 1.3% |
| Strategy Inc | 0.000% | 06/01/2028 | 1.3% |
| Terawulf Inc | 1.000% | 09/01/2031 | 1.3% |
| AST SpaceMobile Inc | 2.000% | 01/15/2036 | 1.3% |
| Bentley Systems Inc | 0.375% | 07/01/2027 | 1.2% |
| Cytokinetics Inc | 1.750% | 10/01/2031 | 1.2% |
| Vnet Group Inc | 2.500% | 04/03/2028 | 1.2% |
| InterDigital Inc | 3.500% | 06/01/2027 | 1.2% |
| Duke Energy Corp | 4.125% | 04/15/2026 | 1.1% |
| NextEra Energy Inc | 7.375% | 02/15/2029 | 1.1% |
| Alibaba Group Holding Ltd | 0.000% | 09/15/2030 | 1.1% |
| BWX Technologies Inc | 0.000% | 11/01/2030 | 1.1% |
| Advanced Energy Industries Inc | 2.500% | 09/15/2028 | 1.1% |
| Granite Construction Inc | 3.250% | 06/15/2030 | 1.1% |
| Mirum Pharmaceuticals Inc | 4.000% | 05/05/2026 | 1.1% |
| Oracle Corp | 6.500% | 01/15/2029 | 1.0% |
| Western Digital Corp | 3.000% | 11/15/2028 | 1.0% |
| Celcuity Inc | 2.750% | 08/01/2031 | 1.0% |
| PPL Capital Funding Inc | 2.875% | 03/15/2028 | 1.0% |
| Live Nation Entertainment Inc | 3.125% | 01/15/2029 | 0.9% |
| Travere Therapeutics Inc | 2.250% | 03/01/2029 | 0.9% |
| Live Nation Entertainment Inc | 2.875% | 01/15/2030 | 0.9% |
| ON Semiconductor Corp | 0.000% | 05/01/2027 | 0.8% |
| Microchip Technology Inc | 7.500% | 03/15/2028 | 0.8% |
| Bloom Energy Corp | 0.000% | 11/15/2030 | 0.8% |
| Mirion Technologies Inc | 0.250% | 06/01/2030 | 0.8% |
| Snowflake Inc | 0.000% | 10/01/2027 | 0.8% |
| Cogent Biosciences Inc | 1.625% | 11/15/2031 | 0.7% |
| Okta Inc | 0.375% | 06/15/2026 | 0.7% |
| BlackSky Technology Inc | 8.250% | 08/01/2033 | 0.7% |
| GOLDMAN SACHS INTERNATIONAL | 0.000% | 06/18/2026 | 0.7% |
| GDS Holdings Ltd | 2.250% | 06/01/2032 | 0.7% |
| DigitalOcean Holdings Inc | 0.000% | 08/15/2030 | 0.7% |
| Fastly Inc | 0.000% | 12/20/2028 | 0.7% |
| nLight Inc | 0.000% | 09/09/9999 | 0.7% |
| MP Materials Corp | 3.000% | 03/01/2030 | 0.6% |
| Rivian Automotive Inc | 3.625% | 10/15/2030 | 0.6% |
| Centrus Energy Corp | 0.000% | 08/15/2032 | 0.5% |
| SK hynix Inc | 1.750% | 04/11/2030 | 0.4% |
| Solaris Energy Infrastructure Inc | 0.250% | 10/01/2031 | 0.4% |
| Applied Digital Corp | 2.750% | 06/01/2030 | 0.4% |
| KKR & Co Inc | 6.250% | 03/01/2028 | 0.4% |
| Wayfair Inc | 3.250% | 09/15/2027 | 0.3% |
| Terawulf Inc | 0.000% | 05/01/2032 | 0.2% |
| ZIS8762815 LACCUAT | 0.000% | 04/17/2026 | 0.2% |
| MORGAN STANLEY & CO. INT'L | 0.000% | 04/17/2026 | 0.2% |
| GOLDMAN SACHS INTERNATIONAL | 0.000% | 04/17/2026 | 0.1% |
| ZIS8762815 LACCUAT | 0.000% | 07/17/2026 | 0.1% |
| PTC Therapeutics Inc | 1.500% | 09/15/2026 | 0.1% |
| Rocket Lab USA Inc | 4.250% | 02/01/2029 | 0.1% |
| Wayfair Inc | 0.000% | 09/09/9999 | 0.1% |
| 634318069 LAC | 0.000% | 05/15/2026 | 0.0% |
| GME US 04/17/26 C25 (OTC) GOL | 0.000% | 04/17/2026 | 0.0% |
| ZIS8762815 LACCUAT | 0.000% | 05/15/2026 | 0.0% |
| ZIS8762815 LACCUAT | 0.000% | 04/17/2026 | 0.0% |
| ZIS8762815 LACCUAT | 0.000% | 04/17/2026 | 0.0% |
| Ares Management Corp | 6.750% | 10/01/2027 | 0.0% |
| Bank of America N.A., Charlotte | 0.000% | 04/17/2026 | 0.0% |
| Bank of America N.A., Charlotte | 0.000% | 04/17/2026 | 0.0% |
| GOLDMAN SACHS INTERNATIONAL | 0.000% | 04/17/2026 | 0.0% |
| MORGAN STANLEY & CO. INT'L | 0.000% | 04/17/2026 | 0.0% |
| ZIS8762815 LACCUAT | 0.000% | 04/17/2026 | -0.1% |
| LITE US 06/18/26 C1100 (OTC) GOL | 0.000% | 06/18/2026 | -0.4% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 04/30/2026
- $0.02610
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 03/26/2026 | 03/27/2026 | 03/27/2026 | $0.02610 | $17.98 |
Upcoming Dividend Payment Dates
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
| Record Date | Ex-Dividend Date | Reinvest & Payable Date |
|---|---|---|
| 06/25/2026 | 06/26/2026 | 06/26/2026 |
| 09/24/2026 | 09/25/2026 | 09/25/2026 |
| 12/28/2026 | 12/29/2026 | 12/29/2026 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/16/2021 | 12/17/2021 | $1.6293 | $1.0924 | $2.7217 | $16.30 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Fees & Expenses
Fees & Expenses
Expense Ratioas of 03/31/2026
| Fund Gross Expense Ratio | 1.35% |
| Fund Net Expense Ratio | 1.35% |
Fund Documents
Fund Documents
|
0Documents selected
|
||||
|---|---|---|---|---|
|
Portfolio Holdings 1Q
Publish Date:11/03/2015
|
||||
|
Portfolio Holdings 3Q
Publish Date:11/03/2015
|
||||
|
Summary Prospectus
Publish Date:11/03/2015
|
||||
|
Statutory Prospectus
Publish Date:11/03/2015
|
||||
|
SAI
Publish Date:11/03/2015
|
||||
|
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
|
||||
|
2025 Annual Tailored Shareholder Report
Publish Date:11/03/2015
|
||||
|
2025 Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
|
||||
|
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
|
||||
|
Fact Sheet
Publish Date:11/03/2015
|