Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Lord Abbett Short Duration Tax Free F LSDFX
- NAV / 1-Day Return 14.95 / +0.07 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.550%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 2.80%
- Effective Duration 2.10 years
USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:14 PM GMT+0
Morningstar’s Analysis LSDFX
Will LSDFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TENDER OPT BD TR RCPTS / CTFS VAR STS 4.01% | 2.23 | 35.0 Mil | municipal |
WISCONSIN ST HEALTH & EDL FACS AUTH REV 5.49% | 1.70 | 26.7 Mil | municipal |
NEW YORK N Y 4.45% | 1.67 | 26.2 Mil | municipal |
FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 5% | 1.65 | 25.8 Mil | municipal |
TENDER OPT BD TR RCPTS / CTFS VAR STS 4.01% | 1.56 | 24.4 Mil | municipal |
LOWER COLO RIV AUTH TEX REV 5% | 1.35 | 21.1 Mil | municipal |
CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 7.51% | 1.31 | 20.5 Mil | municipal |
HARRIS CNTY TEX CULTURAL ED FACS FIN CORP MED FACS REV 4.15% | 1.28 | 20.0 Mil | municipal |
RIB FLOATER TR VARIOUS STS 3.8% | 1.25 | 19.6 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 1.24 | 19.5 Mil | municipal |