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Lord Abbett Intermediate Tax-free Fund Class A: (MF: LISAX)
(NASDAQ Mutual Funds) As of Sep 20, 2024 08:00 PM ET
$10.38 USD
+0.01 (0.10%)
Zacks MF Rank
3-Hold of 5 3
Fund Description
The fund was incepted in June 2003 and is managed by Lord, Abbett & Co. LLC. The objective of the fund is to seek the maximum amount of interest income exempt from federal income tax and high a level of interest income exempt from the personal income tax of its state as both are consistent with reasonable risk. Under normal market conditions, the fund invests at least 80% of its net assets in municipal bonds, the interest on which is exempt from federal and its corresponding state's income tax. The fund may invest at least 80% of its net assets in insured municipal bonds. The fund declares dividends daily and pays them monthly. Capital gains, if any, are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Lord Abbett Intermediate Tax Free A | LISAX | 2.25 | NA | 0.00 | 0.20 | 0.38 | 0.71 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Tax Free Ins Interm A | LISAX | 10.38 | 6/30/2003 | 3.02 | 6.32 | -0.96 | 0.63 |
| Lord Abbett Tax Free Ins Interm C | LISCX | 10.35 | 6/30/2003 | 2.42 | 5.67 | -1.53 | 0.02 |
| Lord Abbett Intermediate Tx-Fr F | LISFX | 10.36 | 9/28/2007 | 3.12 | 6.42 | -0.83 | 0.73 |
| Lord Abbett Tax Free Ins Interm I | LAIIX | 10.37 | 2/1/2011 | 3.22 | 6.53 | -0.76 | 0.81 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Lord Abbett Intermediate Tax Free A | LISAX | 1000 | 0 | 0 | M |
Contact Information
| Family | Lord Abbett |
| Address | 30 Hudson Street Jersey City, NJ 07302 |
| Phone | 888 522-2388 |