The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Lord Abbett New York Tax Free F3 LONYX
- NAV / 1-Day Return 10.64 / +0.20 %
- Total Assets 512.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.550%
- Distribution Fee Level Average
- Share Class Type No Load
- Category Muni New York Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment —
- Status Open
- TTM Yield 3.29%
- Effective Duration 7.57 years
USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 12:31 AM GMT+0
Morningstar’s Analysis LONYX
Will LONYX 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 15.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | 2.73 | 13.8 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 6% | 2.19 | 11.1 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 1.71 | 8.7 Mil | municipal |
LIBERTY N Y DEV CORP REV 5.25% | 1.68 | 8.5 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.38% | 1.43 | 7.3 Mil | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | 1.13 | 5.7 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5% | 1.13 | 5.7 Mil | municipal |
PORT AUTH N Y & N J 5% | 1.11 | 5.6 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5.5% | 1.11 | 5.6 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 2.88% | 1.08 | 5.5 Mil | municipal |