Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Lord Abbett Short Duration Tax Free C LSDCX
- NAV / 1-Day Return 15.02 / +0.01 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.260%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.94%
- Effective Duration 1.96 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis LSDCX
Will LSDCX 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 15.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TENDER OPT BD TR RCPTS / CTFS VAR STS 4.92% | 2.20 | 35.0 Mil | municipal |
LOWER ALA GAS DIST GAS PROJ REV 4% | 2.14 | 34.1 Mil | municipal |
WISCONSIN ST HEALTH & EDL FACS AUTH REV 6.23% | 1.67 | 26.6 Mil | municipal |
FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 5% | 1.63 | 26.0 Mil | municipal |
TENDER OPT BD TR RCPTS / CTFS VAR STS 4.92% | 1.53 | 24.4 Mil | municipal |
LOWER COLO RIV AUTH TEX REV 5% | 1.34 | 21.3 Mil | municipal |
NEW YORK N Y 3.95% | 1.33 | 21.3 Mil | municipal |
NEW YORK N Y 3.95% | 1.30 | 20.7 Mil | municipal |
CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 7.49% | 1.27 | 20.2 Mil | municipal |
RIB FLOATER TR VARIOUS STS 4.85% | 1.26 | 20.0 Mil | municipal |