Lord Abbett Convertible Fund Class F3 (LOCFX) belongs to the Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LOCFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LOCFX
LOCFX charges 0.82% annually. There are 3 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | LOCFX vs CNSDX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | LOCFX vs ANNPX | |
| Advent Convertible and Income Fund | 0.75% | — | Apr 2003 | LOCFX vs AVK | |
| Franklin Convertible Securities Fund | 0.83% | — | Apr 1987 | LOCFX vs FISCX | |
| Lord Abbett Convertible Fund | 0.86% | — | Jun 2003 | LOCFX vs LCFYX |
Best Risk-Adjusted Alternatives to LOCFX
LOCFX has a PortfoliosLab risk / return rank of 83. There are 4 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Convertible Fund | 92 | — | Apr 1993 | LOCFX vs ANNPX | |
| Columbia Convertible Securities Fund | 89 | — | Sep 1987 | LOCFX vs PACIX | |
| Harbor Convertible Securities Fund | 88 | — | May 2011 | LOCFX vs HICSX | |
| Calamos Global Convertible Fund | 88 | — | Dec 2014 | LOCFX vs CXGCX | |
| Lord Abbett Convertible Fund | 82 | — | Jun 2003 | LOCFX vs LCFYX |
Top Performing LOCFX Alternatives (YTD)
LOCFX is at 21.35% YTD. There are 7 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 29.12% | — | Jun 1997 | LOCFX vs CHI | |
| Columbia Convertible Securities Fund | 24.77% | — | Sep 1987 | LOCFX vs PACIX | |
| Invesco Convertible Securities Fund | 24.06% | — | Jul 1997 | LOCFX vs CNSDX | |
| Putnam Convertible Securities Fund | 23.04% | — | Jun 1972 | LOCFX vs PCONX | |
| Harbor Convertible Securities Fund | 22.34% | — | May 2011 | LOCFX vs HICSX |
Lowest Volatility Alternatives to LOCFX
LOCFX has 15.63% 1-year volatility. There are 9 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 5.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Convertible Bond Fund | 5.30% | — | Dec 2007 | LOCFX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | 7.26% | — | Dec 2019 | LOCFX vs PBXIX | |
| Calamos Global Convertible Fund | 10.58% | — | Dec 2014 | LOCFX vs CXGCX | |
| Franklin Convertible Securities Fund | 11.03% | — | Apr 1987 | LOCFX vs FISCX | |
| Advent Convertible and Income Fund | 14.28% | — | Apr 2003 | LOCFX vs AVK |
Lowest Drawdown Alternatives to LOCFX
LOCFX has a 1-year max drawdown of -7.02%. There are 5 mutual funds in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -4.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | LOCFX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | LOCFX vs PBXIX | |
| Calamos Global Convertible Fund | -5.75% | — | Dec 2014 | LOCFX vs CXGCX | |
| Franklin Convertible Securities Fund | -6.38% | — | Apr 1987 | LOCFX vs FISCX | |
| Harbor Convertible Securities Fund | -6.92% | — | May 2011 | LOCFX vs HICSX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LSYAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | Total Bond Market | 68 | 0.52% | — | Oct 2004 | LOCFX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 61 | 0.44% | — | Nov 1993 | LOCFX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 76 | 2.26% | — | May 2020 | LOCFX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 77 | 12.03% | — | Jan 1950 | LOCFX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 79 | 2.34% | — | Apr 2020 | LOCFX vs LSYIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 44 | 1.21% | — | Mar 1971 | LOCFX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 60 | 1.38% | — | Dec 1998 | LOCFX vs LHYAX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 16 | 9.73% | — | Jun 2011 | LOCFX vs LGLIX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 98 | 1.34% | — | Oct 2016 | LOCFX vs LUBYX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 66 | 13.54% | — | Jun 1983 | LOCFX vs LAVLX |
Often Compared With LOCFX
Investors most often compare LOCFX with GCV, WESRX, CHY. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Gabelli Convertible and Income Securities Fund... | Convertible Bonds | 77 | 17.24% | — | Jul 1989 | LOCFX vs GCV | |
| TETON Convertible Securities Fund | Convertible Bonds | 54 | 19.39% | — | Sep 1997 | LOCFX vs WESRX | |
| Calamos Convertible and High Income Closed Fund | Convertible Bonds | 77 | 22.15% | — | May 2003 | LOCFX vs CHY | |
| Virtus Convertible and Income Fund II | Convertible Bonds | 83 | 21.29% | — | Jul 2003 | LOCFX vs NCZ | |
| High Income Securities Fund | Convertible Bonds | 1 | -5.86% | — | Jul 1987 | LOCFX vs PCF | |
| Lord Abbett Developing Growth Fund | Small Cap Growth Equities | 74 | 37.61% | — | Oct 1973 | LOCFX vs LAGWX |
Compare LOCFX with Any Fund or Stock
Compare LOCFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LOCFX with funds that move differently
Lord Abbett Convertible Fund Class F3 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LOCFX.
Explore LOCFX Diversifiers