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Morningstar

Lord Abbett Short Duration Tax Free C LSDCX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 14.81  /  0.09 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    1.290%
  • Expense Ratio 1.290%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.37%
  • Effective Duration 1.89 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 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.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LSDCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Lord Abbett Short Duration Tax Free C's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LSDCX

More LSDCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 306
  • Other Holdings 8
  • % Assets in Top 10 Holdings 15.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y 4.18%

2.53
42,235,000
municipal

LOWER ALA GAS DIST GAS PROJ REV 4%

2.02
33,825,998
municipal

FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 5%

1.56
26,143,812
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 4.38%

1.46
24,400,000
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

1.45
24,205,207
municipal

LONG IS PWR AUTH N Y ELEC SYS REV 5%

1.27
21,150,900
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 7.48%

1.21
20,247,968
municipal

RIB FLOATER TR VARIOUS STS 4.28%

1.20
20,000,000
municipal

NEW YORK N Y 4.18%

1.20
20,000,000
municipal

RIB FLOATER TR VARIOUS STS 4.28%

1.20
20,000,000
municipal