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Lord Abbett Convertible Fund Class F3 (LOCFX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

Inception Date
Jun 30, 2003
Index Tracked
ICE BofA All Convertible Index
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Lord Abbett Convertible Fund Class F3, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Lord Abbett Convertible Fund Class F3 (LOCFX) has returned 1.75% so far this year and 26.30% over the past 12 months.


Lord Abbett Convertible Fund Class F3

1D
-1.63%
1M
-5.41%
YTD
1.75%
6M
4.96%
1Y
26.30%
3Y*
14.26%
5Y*
3.19%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 4, 2017, LOCFX's average daily return is +0.04%, while the average monthly return is +0.94%. At this rate, your investment would double in approximately 6.2 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +13.0%, while the worst month was Mar 2020 at -11.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, LOCFX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +4.3%, while the worst single day was Mar 16, 2020 at -6.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.88%1.59%-5.41%1.75%
20253.98%-2.08%-3.13%1.92%3.84%5.73%1.72%1.94%3.71%5.36%-1.64%-0.46%22.43%
20240.39%1.63%2.66%-2.38%2.06%0.77%0.60%1.48%2.20%0.00%7.91%-3.70%14.00%
20233.59%-1.50%0.10%-1.53%0.16%3.45%0.79%-2.60%-0.97%-4.75%6.10%4.79%7.30%
2022-8.26%-0.67%1.43%-8.57%-3.56%-4.85%5.64%0.68%-6.28%1.28%1.34%-3.10%-23.12%
20213.13%3.49%-4.86%1.65%-2.48%0.67%-0.31%1.71%-1.20%3.36%-2.75%-0.62%1.40%

Benchmark Metrics

Lord Abbett Convertible Fund Class F3 has an annualized alpha of 4.24%, beta of 0.56, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since April 05, 2017.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (68.51%) than losses (65.48%) — typical of diversified or defensive assets.
  • This fund generated an annualized alpha of 4.24% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
4.24%
Beta
0.56
0.56
Upside Capture
68.51%
Downside Capture
65.48%

Expense Ratio

LOCFX has an expense ratio of 0.82%, placing it in the medium range.


Return for Risk

Risk / Return Rank

LOCFX ranks 90 for risk / return — in the top 90% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


LOCFX Risk / Return Rank: 9090
Overall Rank
LOCFX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
LOCFX Sortino Ratio Rank: 8888
Sortino Ratio Rank
LOCFX Omega Ratio Rank: 8282
Omega Ratio Rank
LOCFX Calmar Ratio Rank: 9696
Calmar Ratio Rank
LOCFX Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Lord Abbett Convertible Fund Class F3 (LOCFX) and compare them to a chosen benchmark (S&P 500 Index).


LOCFXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.82

0.90

+0.93

Sortino ratio

Return per unit of downside risk

2.46

1.39

+1.08

Omega ratio

Gain probability vs. loss probability

1.33

1.21

+0.12

Calmar ratio

Return relative to maximum drawdown

3.51

1.40

+2.11

Martin ratio

Return relative to average drawdown

12.60

6.61

+5.99

Explore LOCFX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Lord Abbett Convertible Fund Class F3 provided a 1.52% dividend yield over the last twelve months, with an annual payout of $0.27 per share.


0.00%5.00%10.00%15.00%20.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.50201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.27$0.32$0.33$0.26$0.33$3.00$3.10$1.19$0.59$0.27

Dividend yield

1.52%1.86%2.29%2.06%2.72%18.36%16.20%8.75%5.02%2.08%

Monthly Dividends

The table displays the monthly dividend distributions for Lord Abbett Convertible Fund Class F3. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.13$0.32
2024$0.00$0.00$0.05$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.14$0.33
2023$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.04$0.00$0.00$0.08$0.26
2022$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.07$0.00$0.00$0.17$0.33
2021$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.03$0.00$0.00$2.90$3.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Lord Abbett Convertible Fund Class F3. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Lord Abbett Convertible Fund Class F3 was 33.29%, occurring on Oct 30, 2023. Recovery took 472 trading sessions.

The current Lord Abbett Convertible Fund Class F3 drawdown is 7.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-33.29%Feb 16, 2021682Oct 30, 2023472Sep 18, 20251154
-24.64%Feb 20, 202020Mar 18, 202053Jun 3, 202073
-17.4%Oct 1, 201860Dec 26, 2018120Jun 19, 2019180
-8.03%Sep 2, 20204Sep 8, 202021Oct 7, 202025
-7.79%Jan 29, 201810Feb 9, 201878Jun 4, 201888

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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