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 Intermediate Tax Free A LISAX
- NAV / 1-Day Return 10.16 / +0.01 %
- Total Assets 4.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.710%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.87%
- Effective Duration 5.23 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0
Morningstar’s Analysis LISAX
Will LISAX 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 7.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 1.17 | 56.4 Mil | municipal |
WISCONSIN ST HEALTH & EDL FACS AUTH REV 5.15% | 0.83 | 40.0 Mil | municipal |
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | 0.78 | 37.4 Mil | municipal |
PUERTO RICO COMWLTH 5.38% | 0.72 | 34.7 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 6% | 0.70 | 33.9 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | 0.66 | 31.6 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.63% | 0.65 | 31.5 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | 0.65 | 31.3 Mil | municipal |
LOWER ALA GAS DIST GAS PROJ REV 4% | 0.65 | 31.1 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 0.63 | 30.2 Mil | municipal |