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Morningstar

Lord Abbett National Tax Free I LTNIX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 10.32  /  −0.28 %
  • Total Assets 4.3 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.570%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.64%
  • Effective Duration 7.92 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis LTNIX

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

  • People Pillar

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

Lord Abbett National Tax Free I'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 portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LTNIX

More LTNIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.91 38.8 Mil
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 6%

0.79 33.9 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.73 31.3 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%

0.67 28.5 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.64 27.3 Mil
municipal

IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5%

0.62 26.3 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 4%

0.59 25.2 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.57 24.2 Mil
municipal

PEFA INC IOWA GAS PROJ REV 5%

0.56 24.1 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 3%

0.54 23.2 Mil
municipal