Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Lord Abbett National Tax Free C LTNSX
- NAV / 1-Day Return 10.53 / +0.02 %
- Total Assets 4.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.400%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.89%
- Effective Duration 7.80 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis LTNSX
Will LTNSX 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 6.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.94 | 40.2 Mil | municipal |
PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 6% | 0.78 | 33.3 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.76 | 32.6 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | 0.66 | 28.2 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | 0.63 | 27.1 Mil | municipal |
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | 0.61 | 26.1 Mil | municipal |
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | 0.59 | 25.3 Mil | municipal |
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | 0.58 | 25.0 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4% | 0.57 | 24.3 Mil | municipal |
PEFA INC IOWA GAS PROJ REV 5% | 0.56 | 24.1 Mil | municipal |