Convertible Bond

Strategy Goal

The strategy seeks to deliver high risk-adjusted returns relative to the BofA Merrill Lynch All Convertible Index.

Summary

Strategy Details

Strategy Highlights

Collaborative Team Structure

Leverages insights from deep equity and credit analyst teams.

History of Convertible Investing

Managing convertible securities as a component of multi-sector strategies since 1971.

Flexible Approach

Can capture opportunities across the credit and delta spectrum.

Portfolio Highlights

We have managed convertible securities as a component of our multi-sector strategies since 1971.
Our collaborative team structure leverages insights from deep equity and credit analyst teams.
The strategies flexible unbiased approach can capture opportunities across the credit and delta spectru

Vehicles Offered

Separate Account

Portfolio managed directly on behalf of an institutional client.

Mutual Fund

Pooled investment vehicle available to individual and institutional investors.

Managed Account

Portfolio managed directly on behalf of an individual client.

The Investment Team

Alan R. Kurtz

Senior Managing Director, Portfolio Manager

25 Years of Experience

Jeremy I. Lehmann, CFA

Portfolio Manager

13 Years of Experience

By The Numbers

Investment Professionals

100

Years Avg. Industry Experience

Years of industry experience as of 01/01/2025.

Portfolio

Performance

Convertible Institutional Composite

Important Information

Click Here for The Global Investment Performance Standards (GIPS®) Composite Report

THIS WEBSITE IS FOR THE USE OF INSTITUTIONS, INSTITUTIONAL CONSULTANTS, AND FINANCIAL PROFESSIONALS. IT IS NOT INTENDED FOR, AND SHOULD NOT BE USED WITH, RETAIL INVESTORS.

Risks to Consider: Convertible securities are subject to the risks affecting both equity and fixed income securities, including market, credit, liquidity, and interest rate risk. Convertible securities tend to be more volatile than other fixed income securities, and the markets for convertible securities may be less liquid than markets for common stocks or bonds. The strategy may invest substantially in high yield, lower-rated securities. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. The strategy may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The strategy may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. These factors can adversely affect performance.

ICE BofA Index Information: ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofA INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofA INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

THIS WEBSITE IS FOR THE USE OF INSTITUTIONS, INSTITUTIONAL CONSULTANTS, AND FINANCIAL PROFESSIONALS. IT IS NOT INTENDED FOR, AND SHOULD NOT BE USED WITH, RETAIL INVESTORS.

Neither this website nor any of its content take into account individual client circumstances, objectives, or needs. No determination has been made regarding the suitability of any securities, financial instruments, or strategies for particular clients or prospects.

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The information provided is not directed at any investor or category of investors and is provided solely as general information about Lord Abbett's products and services and to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither Lord Abbett nor its affiliates are undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances.