New York Tax Free Fund
Daily price w/o sales charge as of 05/01/2025
$10.34
$0.00
YTD Returns w/o sales charge as of 05/01/2025
-1.62%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Worst as of 03/31/2025 |
4.60% |
Distribution Yield as of 05/01/2025 |
3.47% |
30-Day Standardized Yield 1 as of 03/31/2025 |
3.61% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Yield to worst (YTW) refers to the lesser of a bond’s (a) yield-to-maturity or (b) the lowest yield-to-call calculated on each scheduled call date.
Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.
Fund Basicsas of 03/31/2025
- Total Net Assets
- $590.59 M
- Inception Date
- 04/02/1984
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.78%
- Fund Net Expense Ratio
- 0.78%
- Number of Holdings
- 296
- Minimum Initial Investment
- $1,000+
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/02/1984 |
---|
YTD |
1-YR |
3-YR |
5-YR |
10-YR |
Since Inception 04/02/1984 |
|
---|---|---|---|---|---|---|
w/o sales charge | -1.63% | 1.24% | 1.95% | 1.43% | 1.86% | 5.33% |
Lipper Category Avg. New York Municipal Debt Funds | - | - | - | - | - | - |
Bloomberg Municipal Bond Index | -1.03% | 1.66% | 2.21% | 1.17% | 2.10% | - |
w/ sales charge | -3.80% | -1.01% | 1.17% | 0.98% | 1.63% | 5.27% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/02/1984 |
---|
YTD |
1-YR |
3-YR |
5-YR |
10-YR |
Since Inception 04/02/1984 |
|
---|---|---|---|---|---|---|
w/o sales charge | -0.96% | 0.67% | 0.86% | 0.96% | 1.86% | 5.36% |
Lipper Category Avg. New York Municipal Debt Funds | -0.95% | 0.88% | 0.98% | 0.94% | 1.81% | - |
Bloomberg Municipal Bond Index | -0.22% | 1.22% | 1.53% | 1.07% | 2.13% | - |
w/ sales charge | -3.15% | -1.63% | 0.09% | 0.51% | 1.63% | 5.30% |
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
Returns with sales charges reflect a maximum sales charge of 2.25%.
Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost.
Sector | Assets |
---|---|
Special Tax | |
Transportation | |
IDR/PCR | |
Healthcare/Hospital | |
Education | |
Water & Sewer | |
GO Local | |
Lease | |
Housing | |
Power | |
GO State | |
Other | |
VRDN |
The Fund's portfolio is actively managed and is subject to change.
Maturity | Assets |
---|---|
<1 Year | |
1-3 Years | |
3-5 Years | |
5-7 Years | |
7-9 Years | |
9-12 Years | |
12-15 Years | |
15-18 Years | |
18-25 Years | |
25-30 Years | |
30+ Years |
The Fund's portfolio is actively managed and is subject to change.
Credit Quality Distribution as of 03/31/2025 View Portfolio
Rating | Assets |
---|---|
AAA | |
AA | |
A | |
BBB | |
< BBB | |
Not Rated |
Ratings provided by Standard & Poor’s, Moody’s, and Fitch. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating.Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non investment grade bonds (junk bonds) involve higher risks than investment grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities are not rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
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Performance
Performance
Average Yield to Worst as of 03/31/2025
Distribution Yield as of 05/01/2025
30-Day Standardized Yield 1 as of 03/31/2025
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 3.61% | 3.61% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/02/1984 |
---|
YTD |
1-YR |
3-YR |
5-YR |
10-YR |
Since Inception 04/02/1984 |
|
---|---|---|---|---|---|---|
w/o sales charge | -1.63% | 1.24% | 1.95% | 1.43% | 1.86% | 5.33% |
Lipper Category Avg. New York Municipal Debt Funds | - | - | - | - | - | - |
Bloomberg Municipal Bond Index | -1.03% | 1.66% | 2.21% | 1.17% | 2.10% | - |
w/ sales charge | -3.80% | -1.01% | 1.17% | 0.98% | 1.63% | 5.27% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/02/1984 |
---|
YTD |
1-YR |
3-YR |
5-YR |
10-YR |
Since Inception 04/02/1984 |
|
---|---|---|---|---|---|---|
w/o sales charge | -0.96% | 0.67% | 0.86% | 0.96% | 1.86% | 5.36% |
Lipper Category Avg. New York Municipal Debt Funds | -0.95% | 0.88% | 0.98% | 0.94% | 1.81% | - |
Bloomberg Municipal Bond Index | -0.22% | 1.22% | 1.53% | 1.07% | 2.13% | - |
w/ sales charge | -3.15% | -1.63% | 0.09% | 0.51% | 1.63% | 5.30% |
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
Returns with sales charges reflect a maximum sales charge of 2.25%.
Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost.
Year | Fund Returns | Bloomberg Municipal Bond Index |
---|
Year |
Fund Returns |
Bloomberg Municipal Bond Index |
---|---|---|
2024 | 1.86% | 1.05% |
2023 | 8.17% | 6.40% |
2022 | -13.24% | -8.53% |
2021 | 3.42% | 1.52% |
2020 | 4.54% | 5.21% |
2019 | 8.19% | 7.54% |
2018 | 0.98% | 1.28% |
2017 | 4.68% | 5.45% |
2016 | 0.54% | 0.25% |
2015 | 3.24% | 3.30% |
2014 | 11.35% | - |
2013 | -4.90% | - |
2012 | 10.52% | - |
2011 | 9.38% | - |
2010 | 1.28% | - |
2009 | 22.90% | - |
2008 | -12.60% | - |
2007 | 0.10% | - |
2006 | 4.65% | - |
2005 | 2.75% | - |
Year | Q1 | Q2 | Q3 | Q4 |
---|
Year |
Q1 |
Q2 |
Q3 |
Q4 |
---|---|---|---|---|
2025 | -0.96% | - | - | - |
2024 | 0.21% | 0.41% | 2.40% | -1.14% |
2023 | 3.47% | 0.83% | -4.58% | 8.66% |
2022 | -7.72% | -5.50% | -4.71% | 4.40% |
2021 | 0.13% | 2.89% | -0.79% | 1.19% |
2020 | -2.43% | 2.64% | 0.74% | 3.61% |
2019 | 3.38% | 2.47% | 1.79% | 0.32% |
2018 | -0.97% | 1.08% | -0.17% | 1.05% |
2017 | 1.50% | 2.00% | 0.67% | 0.43% |
2016 | 1.79% | 3.32% | -0.05% | -4.35% |
2015 | 1.05% | -1.17% | 1.50% | 1.84% |
2014 | 4.25% | 3.08% | 2.18% | 1.41% |
2013 | 0.28% | -4.16% | -0.98% | -0.06% |
2012 | 3.85% | 2.26% | 2.94% | 1.09% |
2011 | 0.42% | 4.35% | 2.76% | 1.58% |
2010 | 1.83% | 1.14% | 3.96% | -5.41% |
2009 | 6.89% | 5.71% | 9.49% | -0.66% |
2008 | -2.16% | 1.32% | -6.36% | -5.84% |
2007 | 0.60% | -0.84% | 0.54% | -0.20% |
2006 | 0.10% | -0.21% | 3.56% | 1.17% |
2005 | -0.19% | 2.83% | -0.35% | 0.45% |
2004 | 1.68% | -2.61% | 3.94% | 1.13% |
2003 | 0.70% | 2.86% | -0.54% | 1.35% |
2002 | 1.09% | 2.95% | 5.69% | -0.47% |
2001 | 1.62% | 0.74% | 2.31% | -0.45% |
2000 | 3.43% | 1.06% | 2.53% | 6.32% |
1999 | 0.88% | -2.24% | -1.92% | -1.41% |
1998 | 1.17% | 1.63% | 3.16% | 0.03% |
1997 | -0.53% | 3.36% | 2.65% | 2.79% |
1996 | -1.59% | 0.77% | 2.15% | 2.34% |
1995 | 7.12% | 2.56% | 1.95% | 3.50% |
1994 | -5.92% | -1.02% | 0.02% | -2.59% |
1993 | 4.65% | 3.30% | 3.51% | 0.74% |
1992 | 0.00% | 4.51% | 2.30% | 1.83% |
1991 | 2.42% | 2.48% | 4.65% | 3.55% |
1990 | -0.01% | 2.59% | -0.29% | 3.88% |
1989 | 0.19% | 6.28% | -0.30% | 2.95% |
1988 | 2.79% | 2.60% | 3.40% | 2.79% |
1987 | 2.57% | -4.51% | -2.76% | 5.45% |
1986 | 8.07% | -1.15% | 4.79% | 5.19% |
1985 | 4.02% | 8.64% | -1.45% | 8.21% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 04/30/2025
The chart begins on the Fund's inception date of 04/02/1984.
Based on a hypothetical Class A share investment of $10,000 on 04/02/1984 without sales charge and includes the reinvestment of all distributions.
NAV Historical Prices
Date | Net Asset Value |
---|
Portfolio
Portfolio
Sector | Assets |
---|---|
Special Tax | |
Transportation | |
IDR/PCR | |
Healthcare/Hospital | |
Education | |
Water & Sewer | |
GO Local | |
Lease | |
Housing | |
Power | |
GO State | |
Other | |
VRDN |
The Fund's portfolio is actively managed and is subject to change.
Maturity | Assets |
---|---|
<1 Year | |
1-3 Years | |
3-5 Years | |
5-7 Years | |
7-9 Years | |
9-12 Years | |
12-15 Years | |
15-18 Years | |
18-25 Years | |
25-30 Years | |
30+ Years |
The Fund's portfolio is actively managed and is subject to change.
Credit Quality Distribution as of 03/31/2025
Rating | Assets |
---|---|
AAA | |
AA | |
A | |
BBB | |
< BBB | |
Not Rated |
Ratings provided by Standard & Poor’s, Moody’s, and Fitch. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating.Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non investment grade bonds (junk bonds) involve higher risks than investment grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities are not rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
Portfolio Details as of 03/31/2025
- Total Net Assets
- $590.59 M
- Average Effective Duration
- 8.51 Years
- Average Effective Maturity
- 21.5 Years
- Number of Issues
- 296
- Average Yield to Worst
- 4.60%
- Distribution Yield (as of 05/01/2025)
- 3.47%
To view definitions for the above Portfolio Details, Click here.
Holding | Coupon | Maturity | Assets |
---|
Holding |
Coupon |
Maturity |
Assets |
---|---|---|---|
New York Transportation Development Corp | 5.500% | 12/20/2060 | 2.7% |
New York Transportation Development Corp | 5.250% | 12/25/2049 | 2.4% |
New York Transportation Development Corp | 6.000% | 06/22/2054 | 1.8% |
New York Liberty Development Corp | 5.000% | 11/08/2044 | 1.5% |
New York Liberty Development Corp | 5.250% | 09/28/2035 | 1.4% |
New York Transportation Development Corp | 5.500% | 06/20/2060 | 1.3% |
New York Transportation Development Corp | 5.375% | 06/20/2060 | 1.2% |
New York Convention Center Development Corp | 5.000% | 11/09/2040 | 1.1% |
New York City Transitional Finance Authority | 5.250% | 04/24/2051 | 1.1% |
New York State Dormitory Authority | 5.500% | 06/23/2054 | 1.0% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Holding | Coupon | Maturity | Assets |
---|
Holding |
Coupon |
Maturity |
Assets |
---|---|---|---|
New York Transportation Development Corp | 5.500% | 12/20/2060 | 2.7% |
New York Transportation Development Corp | 5.250% | 12/25/2049 | 2.4% |
New York Transportation Development Corp | 6.000% | 06/22/2054 | 1.8% |
New York Liberty Development Corp | 5.000% | 11/08/2044 | 1.5% |
New York Liberty Development Corp | 5.250% | 09/28/2035 | 1.4% |
New York Transportation Development Corp | 5.500% | 06/20/2060 | 1.3% |
New York Transportation Development Corp | 5.375% | 06/20/2060 | 1.2% |
New York Convention Center Development Corp | 5.000% | 11/09/2040 | 1.1% |
New York City Transitional Finance Authority | 5.250% | 04/24/2051 | 1.1% |
New York State Dormitory Authority | 5.500% | 06/23/2054 | 1.0% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2053 | 1.0% |
New York City Transitional Finance Authority | 5.500% | 04/25/2047 | 0.9% |
Triborough Bridge & Tunnel Authority | 5.500% | 05/07/2052 | 0.9% |
New York State Dormitory Authority | 5.250% | 04/23/2054 | 0.9% |
New York City Transitional Finance Authority | 5.000% | 04/24/2050 | 0.9% |
New York Liberty Development Corp | 2.875% | 11/09/2046 | 0.9% |
Empire State Development Corp | 5.000% | 03/08/2050 | 0.9% |
Long Island Power Authority | 5.000% | 08/24/2054 | 0.9% |
New York State Dormitory Authority | 5.000% | 03/08/2052 | 0.8% |
New York Transportation Development Corp | 5.000% | 09/26/2040 | 0.8% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2055 | 0.8% |
Westchester County Local Development Corp | 5.750% | 10/25/2049 | 0.8% |
New York City Municipal Water Finance Authority | 5.000% | 06/10/2040 | 0.8% |
New York State Dormitory Authority | 4.000% | 08/25/2050 | 0.8% |
New York State Environmental Facilities Corp | 5.250% | 09/07/2052 | 0.8% |
New York State Dormitory Authority | 5.000% | 03/07/2054 | 0.8% |
Triborough Bridge & Tunnel Authority | 5.250% | 11/25/2047 | 0.8% |
Port Authority Of New York & New Jersey | 5.500% | 07/24/2052 | 0.8% |
Metropolitan Transportation Authority | 5.000% | 11/08/2050 | 0.8% |
New York State Dormitory Authority | 5.000% | 06/28/2033 | 0.7% |
New York Liberty Development Corp | 5.500% | 09/27/2037 | 0.7% |
New York Liberty Development Corp | 2.800% | 09/03/2069 | 0.7% |
Oneida County Local Development Corp | 4.000% | 11/24/2049 | 0.7% |
Port Authority Of New York & New Jersey | 5.000% | 10/10/2041 | 0.7% |
City Of New York Ny | 5.250% | 09/25/2047 | 0.7% |
New York State Dormitory Authority | 5.000% | 03/06/2053 | 0.7% |
New York City Transitional Finance Authority Futur | 5.000% | 01/27/2043 | 0.7% |
New York Transportation Development Corp | 4.000% | 04/22/2053 | 0.7% |
Hudson Yards Infrastructure Corp | 5.000% | 02/10/2042 | 0.6% |
New York State Dormitory Authority | 5.000% | 03/07/2054 | 0.6% |
New York City Industrial Development Agency | 3.880% | 03/01/2026 | 0.6% |
New York State Dormitory Authority | 5.500% | 04/24/2049 | 0.6% |
New York Transportation Development Corp | 4.000% | 12/29/2035 | 0.6% |
New York City Transitional Finance Authority Futur | 4.000% | 01/25/2051 | 0.6% |
New York Transportation Development Corp | 4.000% | 11/27/2038 | 0.6% |
New York Transportation Development Corp | 5.000% | 12/29/2035 | 0.6% |
Metropolitan Transportation Authority | 5.500% | 11/09/2047 | 0.6% |
Metropolitan Transportation Authority | 4.750% | 11/09/2045 | 0.6% |
Metropolitan Transportation Authority Dedicated Ta | 5.250% | 11/07/2054 | 0.6% |
New York City Transitional Finance Authority | 5.500% | 10/25/2049 | 0.6% |
New York State Dormitory Authority | 5.500% | 09/23/2054 | 0.6% |
Metropolitan Transportation Authority | 5.000% | 05/15/2030 | 0.5% |
New York Transportation Development Corp | 3.000% | 07/30/2031 | 0.5% |
Dutchess County Local Development Corp | 4.000% | 06/24/2049 | 0.5% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2053 | 0.5% |
Empire State Development Corp | 5.000% | 03/10/2044 | 0.5% |
New York City Municipal Water Finance Authority | 5.000% | 06/07/2052 | 0.5% |
Brooklyn Arena Local Development Corp | 5.000% | 07/10/2042 | 0.5% |
Tsasc Inc/Ny | 5.000% | 05/25/2048 | 0.5% |
New York State Housing Finance Agency | 3.950% | 01/01/2035 | 0.5% |
New York State Dormitory Authority | 5.000% | 11/29/2029 | 0.5% |
Jefferson County Civic Facility Development Corp | 5.000% | 10/28/2037 | 0.5% |
Metropolitan Transportation Authority | 4.000% | 11/08/2051 | 0.5% |
Triborough Bridge & Tunnel Authority | 5.250% | 11/07/2053 | 0.5% |
Port Authority Of New York & New Jersey | 5.000% | 08/24/2054 | 0.5% |
New York Transportation Development Corp | 4.000% | 06/28/2033 | 0.5% |
Triborough Bridge & Tunnel Authority | 5.000% | 11/24/2050 | 0.5% |
New York Transportation Development Corp | 4.000% | 11/26/2041 | 0.5% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2054 | 0.5% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2054 | 0.5% |
Port Authority Of New York & New Jersey | 5.000% | 07/11/2036 | 0.5% |
City Of New York Ny | 5.250% | 08/25/2050 | 0.4% |
City Of New York Ny | 5.250% | 02/21/2049 | 0.4% |
Metropolitan Transportation Authority Dedicated Ta | 5.000% | 11/10/2042 | 0.4% |
City Of New York Ny | 5.250% | 02/20/2053 | 0.4% |
City Of New York Ny | 5.000% | 09/27/2037 | 0.4% |
New York City Transitional Finance Authority Futur | 5.000% | 04/23/2053 | 0.4% |
New York State Dormitory Authority | 5.000% | 03/10/2043 | 0.4% |
New York State Thruway Authority | 5.000% | 03/09/2046 | 0.4% |
Westchester County Local Development Corp | 5.000% | 10/26/2046 | 0.4% |
New York State Dormitory Authority | 5.000% | 03/06/2053 | 0.4% |
New York Transportation Development Corp | 5.250% | 06/23/2049 | 0.4% |
New York State Dormitory Authority | 5.250% | 06/24/2049 | 0.4% |
Build Nyc Resource Corp | 4.000% | 06/25/2049 | 0.4% |
New York State Dormitory Authority | 5.000% | 03/08/2051 | 0.4% |
New York State Dormitory Authority | 4.000% | 06/25/2045 | 0.4% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/26/2040 | 0.4% |
New York City Industrial Development Agency | 3.000% | 12/26/2045 | 0.4% |
New York Liberty Development Corp | 2.100% | 11/11/2032 | 0.4% |
New York City Housing Development Corp | 5.250% | 12/13/2031 | 0.4% |
City Of New York Ny | 5.500% | 04/25/2044 | 0.4% |
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 4.750% | 06/23/2053 | 0.4% |
New York State Dormitory Authority | 4.000% | 06/23/2052 | 0.4% |
New York City Transitional Finance Authority | 5.000% | 10/28/2037 | 0.4% |
New York State Dormitory Authority | 5.000% | 06/26/2040 | 0.4% |
New York State Dormitory Authority | 5.000% | 04/29/2034 | 0.4% |
New York City Municipal Water Finance Authority | 5.250% | 06/08/2048 | 0.4% |
New York City Transitional Finance Authority Futur | 5.250% | 10/26/2040 | 0.4% |
Dutchess County Local Development Corp | 5.000% | 06/30/2028 | 0.4% |
New York State Dormitory Authority | 5.000% | 06/23/2053 | 0.4% |
New York State Environmental Facilities Corp | 5.250% | 06/07/2053 | 0.4% |
Westchester County Local Development Corp | 4.000% | 05/31/2030 | 0.4% |
New York City Transitional Finance Authority | 5.000% | 10/27/2043 | 0.4% |
City Of New York Ny | 5.250% | 07/25/2050 | 0.4% |
New York State Dormitory Authority | 5.000% | 03/07/2049 | 0.4% |
City Of New York Ny | 4.125% | 07/24/2053 | 0.4% |
Long Island Power Authority | 5.000% | 08/24/2053 | 0.4% |
Nassau County Local Economic Assistance Corp | 5.000% | 05/15/2025 | 0.4% |
New York State Dormitory Authority | 5.000% | 06/25/2045 | 0.4% |
New York State Energy Research & Development Autho | 4.000% | 03/29/2034 | 0.3% |
Metropolitan Transportation Authority | 5.250% | 11/12/2028 | 0.3% |
County Of Nassau Ny | 4.000% | 03/24/2053 | 0.3% |
New York Transportation Development Corp | 4.000% | 06/25/2046 | 0.3% |
New York State Environmental Facilities Corp | 3.125% | 06/01/2026 | 0.3% |
Tender Option Bond Trust Receipts/Certificates | 5.673% | 03/13/2034 | 0.3% |
Port Authority Of New York & New Jersey | 5.000% | 10/12/2034 | 0.3% |
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 5.000% | 06/22/2058 | 0.3% |
Empire State Development Corp | 5.000% | 03/06/2053 | 0.3% |
New York City Transitional Finance Authority | 5.250% | 01/23/2053 | 0.3% |
Metropolitan Transportation Authority Dedicated Ta | 5.000% | 11/06/2052 | 0.3% |
Nassau County Tobacco Settlement Corp | 5.125% | 05/26/2046 | 0.3% |
Westchester County Local Development Corp | 5.750% | 10/24/2053 | 0.3% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/24/2051 | 0.3% |
Dutchess County Local Development Corp | 5.000% | 06/28/2035 | 0.3% |
New York City Industrial Development Agency | 4.000% | 02/22/2045 | 0.3% |
New York City Industrial Development Agency | 3.000% | 12/28/2039 | 0.3% |
Westchester County Local Development Corp | 5.000% | 05/27/2047 | 0.3% |
Metropolitan Transportation Authority | 5.000% | 11/13/2029 | 0.3% |
New York State Dormitory Authority | 5.000% | 06/28/2034 | 0.3% |
New York State Dormitory Authority | 4.000% | 07/28/2037 | 0.3% |
Tender Option Bond Trust Receipts/Certificates | 6.800% | 10/30/2034 | 0.3% |
Build Nyc Resource Corp | 5.000% | 06/01/2025 | 0.3% |
New York Transportation Development Corp | 6.000% | 03/29/2035 | 0.3% |
New York Transportation Development Corp | 4.000% | 11/26/2042 | 0.3% |
Westchester County Local Development Corp | 4.000% | 05/30/2033 | 0.3% |
Niagara Area Development Corp | 4.750% | 10/27/2042 | 0.3% |
Westchester County Local Development Corp | 5.000% | 06/29/2033 | 0.3% |
Westchester Tobacco Asset Securitization Corp | 5.125% | 05/25/2051 | 0.3% |
City Of New York Ny | 5.250% | 03/24/2054 | 0.3% |
New York Transportation Development Corp | 5.625% | 03/27/2040 | 0.3% |
Triborough Bridge & Tunnel Authority | 5.250% | 05/07/2054 | 0.3% |
New York State Thruway Authority | 5.250% | 12/24/2053 | 0.3% |
New York State Thruway Authority | 5.000% | 03/06/2053 | 0.3% |
New York City Industrial Development Agency | 3.000% | 02/21/2049 | 0.3% |
New York City Municipal Water Finance Authority | 5.000% | 06/09/2046 | 0.3% |
New York State Dormitory Authority | 5.000% | 03/07/2054 | 0.3% |
New York State Dormitory Authority | 5.000% | 06/26/2042 | 0.3% |
New York State Dormitory Authority | 5.250% | 06/23/2054 | 0.3% |
New York State Thruway Authority | 5.000% | 12/29/2035 | 0.3% |
New York City Transitional Finance Authority Futur | 5.250% | 10/28/2037 | 0.3% |
Troy Capital Resource Corp | 5.000% | 02/01/2026 | 0.3% |
New York City Industrial Development Agency | 3.000% | 02/21/2049 | 0.3% |
New York City Housing Development Corp | 4.550% | 10/24/2054 | 0.2% |
New York State Dormitory Authority | 4.000% | 07/28/2038 | 0.2% |
New York State Environmental Facilities Corp | 2.875% | 12/03/2029 | 0.2% |
Triborough Bridge & Tunnel Authority | 5.000% | 11/11/2032 | 0.2% |
New York Transportation Development Corp | 4.000% | 11/25/2040 | 0.2% |
Dutchess County Local Development Corp | 4.000% | 08/26/2051 | 0.2% |
Broome County Local Development Corp | 3.000% | 03/28/2037 | 0.2% |
Port Authority Of New York & New Jersey | 5.000% | 07/09/2046 | 0.2% |
Build Nyc Resource Corp | 5.250% | 06/23/2052 | 0.2% |
Metropolitan Transportation Authority | 5.000% | 11/09/2046 | 0.2% |
Build Nyc Resource Corp | 5.000% | 06/08/2051 | 0.2% |
New York City Transitional Finance Authority | 5.000% | 10/25/2050 | 0.2% |
New York Liberty Development Corp | 7.250% | 11/08/2044 | 0.2% |
New York Transportation Development Corp | 5.250% | 07/30/2031 | 0.2% |
New York Counties Tobacco Trust Iv | 0.000% | 05/22/2060 | 0.2% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/26/2040 | 0.2% |
Build Nyc Resource Corp | 5.000% | 08/01/2027 | 0.2% |
Dutchess County Local Development Corp | 4.000% | 06/25/2044 | 0.2% |
Onondaga Civic Development Corp | 5.125% | 07/26/2044 | 0.2% |
Build Nyc Resource Corp | 5.000% | 06/26/2041 | 0.2% |
New York City Transitional Finance Authority Futur | 4.000% | 04/23/2053 | 0.2% |
New York State Dormitory Authority | 5.000% | 03/12/2035 | 0.2% |
Triborough Bridge & Tunnel Authority Sales Tax Rev | 5.000% | 05/07/2054 | 0.2% |
New York State Dormitory Authority | 5.000% | 06/24/2048 | 0.2% |
Brookhaven Local Development Corp | 4.000% | 10/26/2045 | 0.2% |
New York State Dormitory Authority | 5.000% | 04/27/2038 | 0.2% |
New York City Transitional Finance Authority | 5.500% | 10/25/2051 | 0.2% |
New York Transportation Development Corp | 5.000% | 11/26/2042 | 0.2% |
New York State Dormitory Authority | 5.500% | 10/26/2047 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/01/2026 | 0.2% |
New York Transportation Development Corp | 5.375% | 07/28/2036 | 0.2% |
Metropolitan Transportation Authority Dedicated Ta | 5.000% | 11/08/2049 | 0.2% |
Metropolitan Transportation Authority Dedicated Ta | 5.000% | 11/08/2051 | 0.2% |
New York Transportation Development Corp | 5.000% | 09/28/2035 | 0.2% |
Build Nyc Resource Corp | 5.750% | 05/27/2042 | 0.2% |
New York City Transitional Finance Authority | 5.000% | 10/24/2053 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/10/2042 | 0.2% |
New York State Environmental Facilities Corp | 5.125% | 09/03/2030 | 0.2% |
New York State Dormitory Authority | 5.250% | 09/24/2049 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/11/2037 | 0.2% |
Genesee County Funding Corp/The | 5.250% | 11/22/2052 | 0.2% |
Chautauqua County Capital Resource Corp | 4.250% | 04/02/2028 | 0.2% |
Tsasc Inc/Ny | 5.000% | 05/29/2034 | 0.2% |
Buffalo & Erie County Industrial Land Development | 5.000% | 11/15/2025 | 0.2% |
Dutchess County Local Development Corp | 5.000% | 06/25/2045 | 0.2% |
New York State Dormitory Authority | 5.000% | 06/01/2025 | 0.2% |
Westchester County Local Development Corp | 5.000% | 06/29/2033 | 0.2% |
Clinton County Capital Resource Corp | 5.000% | 06/29/2034 | 0.2% |
Dutchess County Local Development Corp | 5.000% | 06/24/2051 | 0.2% |
New York State Dormitory Authority | 5.000% | 06/25/2045 | 0.2% |
Southold Local Development Corp | 5.000% | 11/26/2045 | 0.2% |
City Of New York Ny | 3.650% | 04/01/2025 | 0.2% |
Erie Tobacco Asset Securitization Corp | 0.000% | 05/23/2060 | 0.2% |
Niagara Area Development Corp | 5.000% | 06/23/2052 | 0.2% |
Broome County Local Development Corp | 3.000% | 03/28/2036 | 0.2% |
New York City Housing Development Corp | 3.350% | 10/21/2065 | 0.2% |
Tompkins County Development Corp | 5.000% | 04/30/2025 | 0.2% |
New York State Dormitory Authority | 4.000% | 06/25/2047 | 0.2% |
Nassau County Local Economic Assistance Corp | 5.000% | 04/30/2025 | 0.2% |
Nassau County Tobacco Settlement Corp | 0.000% | 05/22/2060 | 0.2% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Brookhaven Local Development Corp | 4.000% | 10/24/2055 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 07/01/2027 | 0.1% |
Schenectady County Capital Resource Corp | 5.250% | 06/29/2032 | 0.1% |
New York Transportation Development Corp | 4.000% | 10/26/2041 | 0.1% |
New York Liberty Development Corp | 5.150% | 11/12/2034 | 0.1% |
Rockland Tobacco Asset Securitization Corp | 0.000% | 08/05/2060 | 0.1% |
New York State Housing Finance Agency | 3.150% | 10/24/2054 | 0.1% |
New York State Dormitory Authority | 3.000% | 01/25/2050 | 0.1% |
Suffolk Tobacco Asset Securitization Corp | 0.000% | 05/21/2066 | 0.1% |
Territory Of Guam | 4.000% | 12/27/2041 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 07/01/2027 | 0.1% |
Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 4.000% | 06/26/2042 | 0.1% |
Nassau County Local Economic Assistance Corp | 5.000% | 04/30/2025 | 0.1% |
Erie Tobacco Asset Securitization Corp | 0.000% | 05/24/2055 | 0.1% |
Monroe County Industrial Development Corp/Ny | 4.000% | 11/28/2035 | 0.1% |
Onondaga Civic Development Corp | 5.000% | 06/26/2046 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 07/01/2027 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/29/2031 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/28/2033 | 0.1% |
Tsasc Inc/Ny | 5.000% | 05/27/2041 | 0.1% |
New York State Dormitory Authority | 5.000% | 07/29/2035 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 5.000% | 06/29/2030 | 0.1% |
New York City Housing Development Corp | 4.375% | 12/13/2031 | 0.1% |
New York State Dormitory Authority | 5.000% | 06/29/2032 | 0.1% |
New York State Environmental Facilities Corp | 2.750% | 09/02/2025 | 0.1% |
Commonwealth Of Puerto Rico | 0.000% | 10/27/2043 | 0.1% |
St Lawrence County Industrial Development Agency | 5.000% | 08/31/2031 | 0.1% |
Onondaga Civic Development Corp | 5.000% | 06/30/2031 | 0.1% |
St Lawrence County Industrial Development Agency | 5.000% | 08/31/2031 | 0.1% |
New York State Dormitory Authority | 4.000% | 07/28/2036 | 0.1% |
Brookhaven Local Development Corp | 3.375% | 09/26/2040 | 0.1% |
Monroe Tobacco Asset Securitization Corp | 0.000% | 05/23/2061 | 0.1% |
Westchester County Local Development Corp | 5.000% | 06/30/2028 | 0.1% |
Onondaga Civic Development Corp | 5.375% | 07/24/2054 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Monroe County Industrial Development Corp/Ny | 4.000% | 11/26/2036 | 0.1% |
Dutchess County Local Development Corp | 4.000% | 06/27/2040 | 0.1% |
Dutchess County Local Development Corp | 5.000% | 07/01/2026 | 0.1% |
New York State Dormitory Authority | 5.000% | 06/30/2031 | 0.1% |
Onondaga Civic Development Corp | 5.000% | 06/30/2031 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.550% | 06/26/2040 | 0.1% |
Onondaga Civic Development Corp | 4.000% | 06/27/2041 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
New York Transportation Development Corp | 4.000% | 11/27/2039 | 0.1% |
Tsasc Inc/Ny | 5.000% | 05/29/2035 | 0.1% |
Buffalo & Erie County Industrial Land Development | 5.000% | 07/01/2025 | 0.1% |
Dutchess County Local Development Corp | 5.000% | 07/01/2026 | 0.0% |
Onondaga Civic Development Corp | 4.000% | 06/27/2040 | 0.0% |
Build Nyc Resource Corp | 5.000% | 12/29/2034 | 0.0% |
City Of New Rochelle Ny | 5.000% | 07/01/2025 | 0.0% |
Monroe County Industrial Development Corp/Ny | 5.000% | 12/01/2026 | 0.0% |
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 4.550% | 06/26/2040 | 0.0% |
New York City Industrial Development Agency | 0.000% | 02/25/2044 | 0.0% |
Commonwealth Of Puerto Rico | 5.750% | 06/29/2031 | 0.0% |
City Of New Rochelle Ny | 5.000% | 07/01/2025 | 0.0% |
Commonwealth Of Puerto Rico | 5.625% | 06/29/2029 | 0.0% |
Commonwealth Of Puerto Rico | 5.625% | 06/30/2027 | 0.0% |
City Of New Rochelle Ny | 5.000% | 07/01/2025 | 0.0% |
Westchester County Local Development Corp | 5.000% | 06/30/2028 | 0.0% |
City Of New Rochelle Ny | 5.000% | 07/01/2025 | 0.0% |
Dutchess County Local Development Corp | 5.000% | 07/01/2026 | 0.0% |
Commonwealth Of Puerto Rico | 4.000% | 06/28/2033 | 0.0% |
Commonwealth Of Puerto Rico | 0.000% | 06/28/2033 | 0.0% |
New York City Industrial Development Agency | 0.000% | 02/24/2043 | 0.0% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.784% | 06/22/2058 | 0.0% |
Commonwealth Of Puerto Rico | 4.000% | 06/28/2035 | 0.0% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/29/2029 | 0.0% |
St Lawrence County Industrial Development Agency | 5.000% | 08/28/2041 | 0.0% |
Commonwealth Of Puerto Rico | 4.000% | 06/27/2037 | 0.0% |
Onondaga Civic Development Corp | 4.000% | 06/28/2038 | 0.0% |
New York City Industrial Development Agency | 0.000% | 02/23/2047 | 0.0% |
Commonwealth Of Puerto Rico | 5.375% | 07/01/2025 | 0.0% |
New York Transportation Development Corp | 2.250% | 07/31/2026 | 0.0% |
Tsasc Inc/Ny | 5.000% | 05/28/2036 | 0.0% |
Westchester County Healthcare Corp/Ny | 6.000% | 04/30/2025 | 0.0% |
Brooklyn Arena Local Development Corp | 0.000% | 07/09/2047 | 0.0% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.536% | 06/23/2053 | 0.0% |
Westchester County Healthcare Corp/Ny | 6.125% | 04/30/2025 | 0.0% |
New York State Dormitory Authority | 5.000% | 08/15/2027 | 0.0% |
USM5 - Futures | 0.000% | 06/18/2025 | 0.0% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 05/01/2025
- $0.11864
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 04/30/2025 | $0.02991 | $10.34 |
Daily | Daily | 03/31/2025 | $0.02944 | $10.44 |
Daily | Daily | 02/28/2025 | $0.03013 | $10.68 |
Daily | Daily | 01/31/2025 | $0.02916 | $10.61 |
Upcoming Dividend Payment Dates
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 05/31/2025 |
Daily | Daily | 06/30/2025 |
Daily | Daily | 07/31/2025 |
Daily | Daily | 08/31/2025 |
Daily | Daily | 09/30/2025 |
Daily | Daily | 10/31/2025 |
Daily | Daily | 11/30/2025 |
Daily | Daily | 12/31/2025 |
Capital Gains Distributions
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
12/19/2018 | 12/20/2018 | $0.0038 | - | $0.0038 | $11.11 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 05/01/2025
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $10.58 |
$100,000 to $249,999 | 1.75% | 1.50% | $10.52 |
Greater than $250,000 | 0.00% | 1.00% | $10.34 |
The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.
Class A shares purchased without a sales charge (commissionable NAV) prior to 12/1/2021 will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls. However, effective 12/1/2021, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month of the 18-month anniversary of the purchase. Prior to 12/1/2021 purchases between $250,000 - $499,999 were subject to a front-end sales charge.
Expense Ratioas of 03/31/2025
Fund Gross Expense Ratio | 0.78% |
Fund Net Expense Ratio | 0.78% |
Expense ratio details, Click here.
Fund Documents
Fund Documents
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Annual Tailored Shareholder Report
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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