LBFFX vs. LGLIX

Last updated Jun 25, 2026

LBFFX (Lord Abbett Convertible Fund Class F) and LGLIX (Lord Abbett Growth Leaders Fund) are both mutual funds - LBFFX is a Preferred Stock/Convertible Bonds fund managed by Lord Abbett, while LGLIX is a Large Cap Growth Equities fund managed by Lord Abbett. Over the past 10 years, LBFFX returned 13.25%/yr vs 18.13%/yr for LGLIX. Their correlation of 0.88 suggests significant overlap in exposure. LBFFX charges 0.93%/yr vs 0.64%/yr for LGLIX.

Performance

LBFFX vs. LGLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Convertible Fund Class F (LBFFX) and Lord Abbett Growth Leaders Fund (LGLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBFFX achieves a 19.26% return, which is significantly higher than LGLIX's 6.01% return. Over the past 10 years, LBFFX has underperformed LGLIX with an annualized return of 13.25%, while LGLIX has yielded a comparatively higher 18.13% annualized return.

LBFFX

• 1D: -1.70%
• 1M: 0.60%
• YTD: 19.26%
• 6M: 17.23%
• 1Y: 34.01%
• 3Y*: 20.03%
• 5Y*: 6.28%
• 10Y*: 13.25%

LGLIX

• 1D: -3.39%
• 1M: -0.15%
• YTD: 6.01%
• 6M: 3.98%
• 1Y: 17.29%
• 3Y*: 26.01%
• 5Y*: 9.35%
• 10Y*: 18.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LBFFX vs. LGLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBFFX Lord Abbett Convertible Fund Class F	19.26%	22.11%	13.82%	7.16%	-23.30%	1.26%	64.16%	24.19%	-5.89%	16.68%
LGLIX Lord Abbett Growth Leaders Fund	6.01%	16.49%	44.97%	33.29%	-38.73%	8.62%	77.55%	35.02%	-1.08%	31.64%

Correlation

The correlation between LBFFX and LGLIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jun 29, 2011	0.88

The correlation between LBFFX and LGLIX shifts across timeframes, from 0.77 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LBFFX vs. LGLIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LBFFX

LBFFX Risk / Return Rank: 77
LBFFX Sharpe Ratio Rank: 74
LBFFX Sortino Ratio Rank: 63
LBFFX Omega Ratio Rank: 63
LBFFX Calmar Ratio Rank: 94
LBFFX Martin Ratio Rank: 92

LGLIX

LGLIX Risk / Return Rank: 12
LGLIX Sharpe Ratio Rank: 13
LGLIX Sortino Ratio Rank: 12
LGLIX Omega Ratio Rank: 13
LGLIX Calmar Ratio Rank: 11
LGLIX Martin Ratio Rank: 11

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.

LBFFX vs. LGLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Convertible Fund Class F (LBFFX) and Lord Abbett Growth Leaders Fund (LGLIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LBFFX	LGLIX	Difference
Sharpe ratio: Return per unit of total volatility	2.25	0.87	+1.37
Sortino ratio: Return per unit of downside risk	2.95	1.26	+1.68
Omega ratio: Gain probability vs. loss probability	1.39	1.16	+0.22
Calmar ratio: Return relative to maximum drawdown	5.01	0.94	+4.07
Martin ratio: Return relative to average drawdown	17.33	2.68	+14.65

LBFFX vs. LGLIX - Sharpe Ratio Comparison

The current LBFFX Sharpe Ratio is 2.25, which is higher than the LGLIX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of LBFFX and LGLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LBFFX vs. LGLIX - Drawdown Comparison

The maximum LBFFX drawdown since its inception was -41.13%, smaller than the maximum LGLIX drawdown of -45.95%. Use the drawdown chart below to compare losses from any high point for LBFFX and LGLIX.

Drawdown Indicators

	LBFFX	LGLIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.13%	-45.95%	+4.82%
Max Drawdown (1Y) Largest decline over 1 year	-7.07%	-21.01%	+13.94%
Max Drawdown (3Y) Largest decline over 3 years	-12.15%	-29.25%	+17.10%
Max Drawdown (5Y) Largest decline over 5 years	-30.86%	-45.95%	+15.09%
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	-45.95%	+12.34%
Current Drawdown Current decline from peak	-2.60%	-4.04%	+1.44%
Average Drawdown Average peak-to-trough decline	-10.29%	-9.32%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	7.33%	-5.29%

Volatility

LBFFX vs. LGLIX - Volatility Comparison

The current volatility for Lord Abbett Convertible Fund Class F (LBFFX) is 6.15%, while Lord Abbett Growth Leaders Fund (LGLIX) has a volatility of 9.11%. This indicates that LBFFX experiences smaller price fluctuations and is considered to be less risky than LGLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBFFX	LGLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	9.11%	-2.96%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	17.46%	-4.32%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	22.58%	-6.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.23%	26.10%	-12.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.75%	24.91%	-11.16%

LBFFX vs. LGLIX - Expense Ratio Comparison

LBFFX has a 0.93% expense ratio, which is higher than LGLIX's 0.64% expense ratio.

Dividends

LBFFX vs. LGLIX - Dividend Comparison

LBFFX's dividend yield for the trailing twelve months is around 0.97%, less than LGLIX's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LBFFX Lord Abbett Convertible Fund Class F	0.97%	1.80%	2.22%	1.95%	2.60%	18.44%	16.27%	8.71%	4.91%	2.47%	3.64%	3.38%
LGLIX Lord Abbett Growth Leaders Fund	1.88%	1.99%	0.00%	0.00%	0.00%	23.83%	9.27%	8.01%	19.82%	6.46%	0.00%	4.84%

Frequently Asked Questions

Can I hold both LBFFX and LGLIX in my portfolio?

LBFFX and LGLIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LBFFX or LGLIX?

LGLIX has higher volatility (9.11%) compared to LBFFX (6.15%). In terms of maximum drawdown, LBFFX dropped -41.13% vs LGLIX's -45.95%.

Which has better risk-adjusted returns?

LBFFX currently has the higher Sharpe Ratio (2.25 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.