Convert from WAV to ALAC in the Apple Music app for Windows

I see that iTunes for Windows is being phased out in favor of the Apple Music and Apple Devices apps. So, today I decided to give the new apps a try. One feature in iTunes that I relied on heavily was file conversion. In iTunes, I used to be able to select a WAV file, then click "File > Convert > Create Apple Lossless Version".

Do the new apps offer such functionality or will I have to stick with good old iTunes for now?