Lord Abbett New York Tax Free C's Average People Pillar and Process Pillar ratings aren't enough to prevent other weaknesses from sending this strategy to a Morningstar Quantitative Rating of Negative. 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.
NAV / 1-Day Return
10.40 / 0.01 %
Adj. Expense Ratio
Distribution Fee Level
Share Class Type
Muni New York Long
Credit Quality / Interest Rate SensitivityMedium / Extensive
Min. Initial Investment
Morningstar’s Analysis NYLAX
Will NYLAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.