| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 12.33 | -0.09 (-0.72%) | 10.48 - 12.61 | 0.0 |
Market data as of 6:05PM 06/19/13. Quotes are delayed by at least 15 min.
The investment seeks current income and the opportunity for capital appreciation to produce a high total return. Under normal market conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in convertible securities. Convertible securities may include corporate bonds, debentures, notes, preferred stocks, and any securities that can be exchanged for common stock or provide an opportunity for equity participation. It intends to maintain its average weighted maturity at between five and twenty years.
| Total Return | 3.68% |
|---|---|
| Yield (Trailing 12 Mo.) | 2.63% |
| Expense Ratio | 1.10% |
| Front Load | None |
| Deferred Load | None |
| Minimum Investment | $0.00 |
| Management Tenure | 10 Years |
| Fund Inception | 09/28/2007 |
| Timeframe | LBFFX | S&P 500 | Convertibles |
|---|---|---|---|
| 1 Month | 2.99% | 2.34% | 2.76% |
| 3 Month | 7.79% | 8.22% | 6.66% |
| Year-to-Date | 11.65% | 15.37% | 10.98% |
| 1 Year | 22.15% | 27.28% | 20.34% |
| 3 Year | 9.73% | 16.87% | 10.28% |
| 5 Year | 4.40% | 5.43% | 4.69% |
| 10 Year | -- | 7.58% | 6.81% |
| Since Inception | 3.68% | 10.42% | -- |
| Basic Materials | 9.90% | |
|---|---|---|
| Consumer Cyclical | 8.21% | |
| Financial Services | 15.23% | |
| Real Estate | 2.57% | |
| Consumer Defensive | 0.00% | |
| Healthcare | 7.18% | |
| Utilities | 5.45% | |
| Communication Services | 0.00% | |
| Energy | 7.44% | |
| Industrials | 12.92% | |
| Technology | 31.11% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | -- | 13.27 | 13.27 | ||
| Bond | -- | 3.05 | 3.05 | ||
| Other | -- | 3.22 | 3.22 | ||
| Foreign Stock | -- | 0.37 | 0.37 | ||
| Foreign Bond | -- | 0.15 | 0.15 | ||
| Total | -- | 20.06 | 20.06 | ||
| Cash | -- | 2.78 | 2.78 | ||
| Total Net Assets | $505.09M |
|---|---|
| Total Stock Holdings | 41 |
| Total Bond Holdings | 7 |
| Company | YTD Return | % of Assets |
|---|---|---|
| BAC-L | -- | 3.08% |
| Gilead Sciences Cv 1% | -- | 2.44% |
| GM-B | -- | 2.15% |
| Allegheny Tech Cv 4.25% | -- | 2.13% |
| Priceline Com Cv 1% | -- | 2.09% |
| Intel Cv 3.25% | -- | 1.84% |
| Alliance Data Sys Cv 4.75% | -- | 1.79% |
| Cobalt Intl Engy Cv 2.625% | -- | 1.52% |
| Tibco Software 144A Cv 2.25% | -- | 1.48% |
| Micron Tech Cv 1.5% | -- | 1.48% |
| Valuation | LBFFX | Category Range |
|---|---|---|
| Price/Earnings | 22.30 | |
| Price/Book | 2.34 | |
| Price/Sales | 1.54 | |
| Price/Cash Flow | 13.18 | |
| Dividend Yield | 0.55 | |
| LT Earnings | 13.53 | |
| Historical Earnings | ||
| Sales Growth | 0.08 | |
| Cash-Flow Growth | 4.58 | |
| Book-Value Growth | 8.4 |
| Management Style | |||
|---|---|---|---|
| Large Cap | |||
| Medium Cap | |||
| Small Cap | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | Avg | |
| Return | Avg |
| Pretax Return | 9.73% |
|---|---|
| Tax-adjusted Return | 8.46% |
| Tax Cost Ratio | 1.16% |
| Potential Cap Gains | 9.70% |
