Morningstar

Lord Abbett California Tax Free Fund Class I CAILX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 10.05  /  +0.10 %
  • Total Assets 722.2M
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 3.75%
  • Effective Duration 9.54 years

USD | NAV as of Jun 09, 2026 | 1-Day Return as of Jun 09, 2026, 12:26 AM GMT+0

Morningstar’s Analysis CAILX

Will CAILX outperform in the 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 CAILX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CAILX 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 CAILX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Lord Abbett California Tax Free I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings CAILX

More CAILX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA ST UNIV REV 5.5%

1.21 9M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

1.13 8M
municipal

CALIFORNIA HSG FIN AGY MUN CTFS 3.25%

1.11 8M
municipal

SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5.5%

1.00 7M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5.25%

0.90 6M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

0.89 6M
municipal

CALIFORNIA ST 5%

0.88 6M
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5.25%

0.86 6M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

0.86 6M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

0.85 6M
municipal

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