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LOCFX Mutual Fund Price & Analysis

The Lord Abbett Convertible Class F3 (LOCFX) is a mutual fund that primarily invests in convertible securities, which are bonds or preferred stocks that can be converted into common stocks. This fund aims to provide investors with a balance of income and potential for capital appreciation by investing in a diverse portfolio of convertible securities from various industries and sectors. The fund is managed by Lord Abbett, a leading investment management firm known for its expertise in fixed income and convertible securities. With a focus on risk management and long-term growth, the Lord Abbett Convertible Class F3 offers investors the opportunity to participate in the potential upside of equity markets while also providing downside protection through its fixed income component.

LOCFX Mutual Fund Chart & Stats

Previous Close$13.51
Sub-CategoryConvertible Bonds and Debt
Total Liabilities22.64M
Expense Ratio0.81%
Holding Count71
Brandlord abbett investment trust
0.29 (2.16%)
CategoryFixed-Income
Total Assets606.84M
Shares OutstandingN/A
52-Week Range$11.45 - $13.68

Top 10 Holdings

Name
Weight %
USD_CASH
OKTA INC
5.02%
USD_CASH
EURONET WORLDWIDE INC
3.76%
BAC.PRL
Bank of America Corp
3.65%
USD_CASH
BILL HOLDINGS INC
3.52%
USD_CASH
BIOMARIN PHARMACEUTICAL
3.50%
USD_CASH
LUMENTUM HOLDINGS INC
3.44%
USD_CASH
UBER TECHNOLOGIES INC
3.15%
USD_CASH
SHOPIFY INC
2.69%
USD_CASH
COPT DEFENSE PROP LP
2.48%
USD_CASH
ZILLOW GROUP INC
2.26%
Total33.46%

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