Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Lord Abbett Short Duration Tax Free F LSDFX
- NAV / 1-Day Return 15.08 / +0.02 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.550%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 2.89%
- Effective Duration 2.06 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis LSDFX
Will LSDFX 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 16.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NEW YORK N Y 4.1% | 2.73 | 41.7 Mil | municipal |
TENDER OPT BD TR RCPTS / CTFS VAR STS 3.71% | 2.29 | 35.0 Mil | municipal |
WISCONSIN ST HEALTH & EDL FACS AUTH REV 5.21% | 1.75 | 26.7 Mil | municipal |
FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 5% | 1.69 | 25.8 Mil | municipal |
TENDER OPT BD TR RCPTS / CTFS VAR STS 3.71% | 1.60 | 24.4 Mil | municipal |
LOWER COLO RIV AUTH TEX REV 5% | 1.36 | 20.7 Mil | municipal |
CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 7.51% | 1.34 | 20.4 Mil | municipal |
HARRIS CNTY TEX CULTURAL ED FACS FIN CORP MED FACS REV 3.86% | 1.31 | 20.0 Mil | municipal |
RIB FLOATER TR VARIOUS STS 3.71% | 1.28 | 19.5 Mil | municipal |
LOWER ALA GAS DIST GAS PROJ REV 4% | 1.25 | 19.1 Mil | municipal |