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 6 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.59%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Convertible Securities Fund Class... | 0.59% | — | Oct 2018 | LOCFX vs FIQVX | |
| Fidelity Convertible Securities Fund | 0.67% | — | Jan 1987 | LOCFX vs FCVSX | |
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | LOCFX vs CNSDX | |
| Fidelity Advisor Convertible Securities Fund Class... | 0.70% | — | Feb 2009 | LOCFX vs FICVX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | LOCFX vs ANNPX |
Best Risk-Adjusted Alternatives to LOCFX
LOCFX has a PortfoliosLab risk / return rank of 49. There are 21 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | LOCFX vs ARBIX | |
| Miller Convertible Bond Fund | 92 | — | Dec 2007 | LOCFX vs MCIFX | |
| Calamos Global Convertible Fund | 85 | — | Dec 2014 | LOCFX vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 82 | — | Jun 1997 | LOCFX vs CHI | |
| Virtus Convertible Fund | 78 | — | Apr 1993 | LOCFX vs ANNPX |
Top Performing LOCFX Alternatives (YTD)
LOCFX is at 12.04% YTD. There are 16 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 25.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 25.35% | — | Jun 1997 | LOCFX vs CHI | |
| Calamos Convertible Fund | 17.72% | — | Jun 1997 | LOCFX vs CICVX | |
| Calamos Convertible Fund | 17.57% | — | Jun 1985 | LOCFX vs CCVIX | |
| Columbia Convertible Securities Fund | 16.64% | — | Sep 1987 | LOCFX vs PACIX | |
| Calamos Convertible and High Income Closed Fund | 16.46% | — | May 2003 | LOCFX vs CHY |
Lowest Volatility Alternatives to LOCFX
LOCFX has 16.80% 1-year volatility. There are 13 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.25% | — | Aug 2017 | LOCFX vs ARBIX | |
| Miller Convertible Bond Fund | 5.37% | — | Dec 2007 | LOCFX vs MCIFX | |
| Victory INCORE Investment Grade Convertible Fund C... | 6.42% | — | — | LOCFX vs SBFCX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | 6.60% | — | Dec 2014 | LOCFX vs LEOOX | |
| Rational/Pier 88 Convertible Securities Fund | 7.20% | — | Dec 2019 | LOCFX vs PBXIX |
Lowest Drawdown Alternatives to LOCFX
LOCFX has a 1-year max drawdown of -11.13%. There are 16 mutual funds in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | LOCFX vs ARBIX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | -3.97% | — | Dec 2014 | LOCFX vs LEOOX | |
| Victory INCORE Investment Grade Convertible Fund C... | -4.28% | — | — | LOCFX vs SBFCX | |
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | LOCFX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | LOCFX vs PBXIX |
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 | 88 | 0.93% | — | Oct 2004 | LOCFX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 78 | 0.83% | — | Nov 1993 | LOCFX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 75 | 1.63% | — | May 2020 | LOCFX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 80 | 11.98% | — | Jan 1950 | LOCFX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 77 | 1.72% | — | Apr 2020 | LOCFX vs LSYIX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 9 | 1.97% | — | Jun 2011 | LOCFX vs LGLIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 38 | 0.17% | — | Mar 1971 | LOCFX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 57 | 0.83% | — | Dec 1998 | LOCFX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 99 | 1.69% | — | Oct 2016 | LOCFX vs LUBYX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 70 | 12.42% | — | Jun 1983 | LOCFX vs LAVLX |
Often Compared With LOCFX
Investors most often compare LOCFX with GCV, WESRX, LCFYX. These 10 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 | 81 | 14.70% | — | Jul 1989 | LOCFX vs GCV | |
| TETON Convertible Securities Fund | Convertible Bonds | 31 | 11.16% | — | Sep 1997 | LOCFX vs WESRX | |
| Lord Abbett Convertible Fund | Convertible Bonds | 49 | 12.01% | — | Jun 2003 | LOCFX vs LCFYX | |
| Advent Convertible and Income Fund | Convertible Bonds | 23 | 5.36% | — | Apr 2003 | LOCFX vs AVK | |
| Putnam Convertible Securities Fund | Convertible Bonds | 38 | 14.08% | — | Jun 1972 | LOCFX vs PCONX | |
| Franklin Convertible Securities Fund | Convertible Bonds | 73 | 10.14% | — | Apr 1987 | LOCFX vs FISCX | |
| Virtus Convertible and Income Fund II | Convertible Bonds | 73 | 18.68% | — | Jul 2003 | LOCFX vs NCZ | |
| Harbor Convertible Securities Fund | Convertible Bonds | 58 | 13.82% | — | May 2011 | LOCFX vs HICSX | |
| High Income Securities Fund | Convertible Bonds | 1 | -7.81% | — | Jul 1987 | LOCFX vs PCF | |
| Lord Abbett Developing Growth Fund | Small Cap Growth Equities | 41 | 18.81% | — | 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