Skip to Content
Morningstar

Lord Abbett New Jersey Tax Free I LINJX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 4.70  /  +0.03 %
  • Total Assets 122.5 Mil
  • Adj. Expense Ratio
    0.620%
  • Expense Ratio 0.620%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.13%
  • Effective Duration 7.07 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 PM GMT+0

Morningstar’s Analysis LINJX

Will LINJX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LINJX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LINJX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LINJX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Lord Abbett New Jersey Tax Free I's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LINJX

More LINJX Holdings
  • 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

TOBACCO SETTLEMENT FING CORP N J 5%

1.89 2.2 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5.25%

1.86 2.2 Mil
municipal

MIDDLESEX CNTY N J IMPT AUTH LEASE REV 5%

1.81 2.1 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 5%

1.67 2.0 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5.25%

1.42 1.7 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5.38%

1.41 1.7 Mil
municipal

SOUTH JERSEY TRANSN AUTH N J TRANSN SYS REV 5.25%

1.32 1.6 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

1.30 1.5 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH NAT GAS FACS REV 3.5%

1.28 1.5 Mil
municipal

SOUTH JERSEY TRANSN AUTH N J TRANSN SYS REV 5%

1.27 1.5 Mil
municipal