Lord Abbett Tax Free Income Fd N: (MF: LANJX)

NAV

$5.08

NAV Day Change

0.00 (0.00%)

 

 

May 22 06:05 PM ET

General Information As Of 04/30/13

%Yield 3.37
%SEC Yield 3.19
%YTD Return (as of 04/30/13) 1.71
Objective* Fixed Income - Muni State
Peer* MS NJ

Portfolio Statistics

%Unrealized Gain YTD 7.58
Net Assets (Mil $) 04/30/2013 136.08
%Turnover 04/30/2013 31.06

Fees

%Max Sales Load 2.25
%Min Sales Load .00
%Max Deferred Load NA

Expenses

%Max 12b-1 Fee 0.20
%Max Management Fee 0.45
Redemption Fee NA
Expense Ratio 0.83

Allocation

Large Growth NA
Large Value NA
Small Growth NA
Small Value NA
Foreign Stock NA
Emerging Market NA
Precious Metal NA
Intermediate Bond NA
Foreign Bond NA
High Yield Bond NA

Portfolio Information

Composition

As of 12/31/2012 %of Net Assets
Stock 0.00
Cash 0.00
Bonds 98.29
Preferred 0.00
Convertibles 0.00
Foreign Stock 0.00
Foreign Bonds 0.00
Hedge 0.00
Other 1.71

Sector / Country Weightings

As of 04/30/2013 % of Portfolio
NA NA

Portfolio Holdings

Top Holdings (As of 12/31/2012) % of Portfolio Value (Mil$)
GARDEN ST PRESERVATION TR 2.81 4.23
NJ HLTHCARE FACS FING AUT 2.80 4.21
NJ ST EDL FACS AUTH SETON 1.93 2.89
NJ HLTHCARE FACS FING AUT 1.87 2.81
NJ TOB SETLMNT FING CORP 1.86 2.80
NJ ST TPK AUTH 1.75 2.63
PR SALES TAX FING CORP 1.69 2.54
PORT AUTH NY & NJ CONS 15 1.66 2.49
SALEM CNTY NJ UTILS AUTH 1.64 2.46
NJ ST TRANSN TR FD AUTH T 1.63 2.45

Contact Information

Family Lord Abbett
Addrerss 90 Hudson St 10th Flr
Jersey City, NJ 07302
Phone 800 821-5129

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Fund Description

The fund was incepted in January 1991 and is managed by Lord Abbett and Co. The fund's objective is to seek the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risks. The fund invests in municipal bonds, which at the time of purchase are investment grade or determined by Lord Abbett to be of comparable quality. Fund attempts to be at least 80% invested in municipal bonds. The fund offers dividends monthly and capital gains annually.

Stock Holding % of Net Assets

As Of 12/31/2012
Total Issues NA
Avg. P/E NA
Avg. P/Book NA
Avg. EPS Growth NA
Avg. Market Value (Mil $) NA

Risk

3 Year 5 Year 10 Year
Beta 1.30 1.35 1.17
Alpha -1.13 -2.48 -1.38
R Squared 0.88 0.78 0.83
Std. Dev. 5.20 7.27 6.63
Sharpe 1.30 0.71 4.00

Shareholder Information

Manager Daniel S. Solender
Since 12/06
Manager Rating NA
Inception Date 01/02/1991
Shareholders NA
Dividends Paid M
Minimum Initial Investment $1,000
Minimum Subsequent Investment $0
IRA Minimum $0
IRA Available Y Check Writing N Phone Invest Y
Phone Exchange Y Phone Redeem Y Auto Invest Y
Wire Redeem Y Wire Fee Y Wire Transfer Y

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