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Morningstar

Lord Abbett California Tax Free F LCFFX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 10.06  /  +0.01 %
  • Total Assets 614.2 Mil
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.660%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.24%
  • Effective Duration 8.20 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis LCFFX

Will LCFFX 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 LCFFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Lord Abbett California Tax Free F's Average Process Pillar and People 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

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Portfolio Holdings LCFFX

More LCFFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.72 10.2 Mil
municipal

ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5%

1.64 9.7 Mil
municipal

CALIFORNIA ST UNIV REV 5.25%

1.56 9.3 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

1.53 9.1 Mil
municipal

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.25%

1.51 9.0 Mil
municipal

FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 4%

1.36 8.1 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5.5%

1.29 7.7 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.24 7.4 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.21 7.2 Mil
municipal

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.25%

1.18 7.0 Mil
municipal