New York Tax Free Fund
Daily price w/o sales charge as of 07/26/2024
$10.72
$0.00
YTD Returns w/o sales charge as of 07/26/2024
1.32%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
30-Day Standardized Yield 1 as of 06/30/2024 |
3.31% |
Average Yield to Worst as of 06/28/2024 |
4.26% |
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.
Fund Basicsas of 06/28/2024
- Total Net Assets
- $524.80 M
- Inception Date
- 04/02/1984
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.78%
- Fund Net Expense Ratio
- 0.78%
- Number of Holdings
- 305
- 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 |
---|
w/o sales charge | 0.62% | 4.33% | -1.76% | 0.84% | 2.30% | 5.46% |
Lipper Category Avg. New York Municipal Debt Funds | 0.73% | 4.40% | -1.34% | 0.92% | 2.24% | - |
Bloomberg Municipal Bond Index | -0.40% | 3.21% | -0.88% | 1.16% | 2.39% | - |
w/ sales charge | -1.66% | 2.01% | -2.50% | 0.38% | 2.07% | 5.40% |
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 |
---|
w/o sales charge | 0.62% | 4.33% | -1.76% | 0.84% | 2.30% | 5.46% |
Lipper Category Avg. New York Municipal Debt Funds | 0.73% | 4.40% | -1.34% | 0.92% | 2.24% | - |
Bloomberg Municipal Bond Index | -0.40% | 3.21% | -0.88% | 1.16% | 2.39% | - |
w/ sales charge | -1.66% | 2.01% | -2.50% | 0.38% | 2.07% | 5.40% |
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
Returns with sales charges reflect a maximum sales charge of 2.25%.
The performance quoted represents past performance, which is no indication 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. Therefore, there can be no assurance for future results.
Sector | Assets |
---|---|
Transportation | |
Special Tax | |
IDR/PCR | |
Healthcare/Hospital | |
Education | |
Lease | |
GO Local | |
Water & Sewer | |
VRDN | |
Power | |
Housing | |
GO State | |
Other |
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 06/28/2024 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 06/28/2024
30-Day Standardized Yield 1 as of 06/30/2024
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 3.31% | 3.31% |
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 |
---|
w/o sales charge | 0.62% | 4.33% | -1.76% | 0.84% | 2.30% | 5.46% |
Lipper Category Avg. New York Municipal Debt Funds | 0.73% | 4.40% | -1.34% | 0.92% | 2.24% | - |
Bloomberg Municipal Bond Index | -0.40% | 3.21% | -0.88% | 1.16% | 2.39% | - |
w/ sales charge | -1.66% | 2.01% | -2.50% | 0.38% | 2.07% | 5.40% |
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 |
---|
w/o sales charge | 0.62% | 4.33% | -1.76% | 0.84% | 2.30% | 5.46% |
Lipper Category Avg. New York Municipal Debt Funds | 0.73% | 4.40% | -1.34% | 0.92% | 2.24% | - |
Bloomberg Municipal Bond Index | -0.40% | 3.21% | -0.88% | 1.16% | 2.39% | - |
w/ sales charge | -1.66% | 2.01% | -2.50% | 0.38% | 2.07% | 5.40% |
Fund Expense Ratio :
Gross 0.78%
Net 0.78%
Returns with sales charges reflect a maximum sales charge of 2.25%.
The performance quoted represents past performance, which is no indication 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. Therefore, there can be no assurance for future results.
Year | Fund Returns | Bloomberg Municipal Bond Index |
---|
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% | 9.05% |
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% | - |
2004 | 4.09% | - |
Year | Q1 | Q2 | Q3 | Q4 |
---|
2024 | 0.21% | 0.41% | - | - |
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 06/30/2024
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 |
---|---|
Transportation | |
Special Tax | |
IDR/PCR | |
Healthcare/Hospital | |
Education | |
Lease | |
GO Local | |
Water & Sewer | |
VRDN | |
Power | |
Housing | |
GO State | |
Other |
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 06/28/2024
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 06/28/2024
- Total Net Assets
- $524.80 M
- Average Effective Duration
- 7.67 Years
- Average Effective Maturity
- 20.2 Years
- Number of Issues
- 305
- Average Yield to Worst
- 4.26%
To view definitions for the above Portfolio Details, Click here.
Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.
Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.
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.
Holding | Coupon | Maturity | Assets |
---|
New York Transportation Development Corp | 5.250% | 12/23/2049 | 2.7% |
New York Transportation Development Corp | 6.000% | 06/20/2054 | 2.2% |
New York Transportation Development Corp | 5.500% | 06/18/2060 | 1.8% |
New York Liberty Development Corp | 5.000% | 11/07/2044 | 1.7% |
New York Liberty Development Corp | 5.250% | 09/26/2035 | 1.6% |
New York Transportation Development Corp | 5.375% | 06/18/2060 | 1.4% |
New York City Transitional Finance Authority | 5.250% | 04/22/2051 | 1.3% |
New York State Dormitory Authority | 5.500% | 06/21/2054 | 1.2% |
New York City Transitional Finance Authority | 5.500% | 04/23/2047 | 1.1% |
Triborough Bridge & Tunnel Authority | 5.500% | 05/06/2052 | 1.1% |
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 |
---|
New York Transportation Development Corp | 5.250% | 12/25/2049 | 2.8% |
New York Transportation Development Corp | 6.000% | 06/22/2054 | 2.2% |
New York Liberty Development Corp | 5.000% | 11/09/2044 | 1.7% |
New York Liberty Development Corp | 5.250% | 09/28/2035 | 1.6% |
New York Transportation Development Corp | 5.375% | 06/20/2060 | 1.5% |
New York City Transitional Finance Authority | 5.250% | 04/24/2051 | 1.3% |
New York State Dormitory Authority | 5.500% | 06/23/2054 | 1.3% |
New York City Transitional Finance Authority | 5.500% | 04/25/2047 | 1.1% |
Port Authority Of New York & New Jersey | 5.000% | 09/12/2033 | 1.1% |
Triborough Bridge & Tunnel Authority | 5.500% | 05/08/2052 | 1.1% |
New York State Urban Development Corp | 5.000% | 03/08/2050 | 1.1% |
New York Liberty Development Corp | 2.875% | 11/09/2046 | 1.0% |
New York State Environmental Facilities Corp | 5.250% | 09/07/2052 | 1.0% |
New York State Dormitory Authority | 4.000% | 08/25/2050 | 0.9% |
Port Authority Of New York & New Jersey | 5.500% | 07/24/2052 | 0.9% |
Westchester County Local Development Corp | 5.750% | 10/25/2049 | 0.9% |
New York Liberty Development Corp | 5.500% | 09/27/2037 | 0.8% |
New York State Urban Development Corp | 5.000% | 03/09/2048 | 0.8% |
City Of New York Ny | 5.250% | 09/25/2047 | 0.8% |
Oneida County Local Development Corp | 4.000% | 11/24/2049 | 0.8% |
New York Liberty Development Corp | 2.800% | 09/03/2069 | 0.8% |
New York City Transitional Finance Authority Futur | 5.000% | 01/27/2043 | 0.8% |
New York State Dormitory Authority | 5.000% | 06/28/2033 | 0.8% |
City Of New York Ny | 4.000% | 06/03/2024 | 0.8% |
New York Transportation Development Corp | 4.000% | 04/21/2053 | 0.8% |
New York State Dormitory Authority | 5.250% | 03/08/2052 | 0.8% |
Metropolitan Transportation Authority | 5.250% | 11/13/2028 | 0.8% |
New York Transportation Development Corp | 4.000% | 12/29/2035 | 0.7% |
New York State Thruway Authority | 5.000% | 03/09/2048 | 0.7% |
New York City Transitional Finance Authority Futur | 4.000% | 01/25/2051 | 0.7% |
New York City Industrial Development Agency | 4.357% | 03/01/2026 | 0.7% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2053 | 0.7% |
Metropolitan Transportation Authority | 4.750% | 11/09/2045 | 0.7% |
New York State Environmental Facilities Corp | 5.250% | 06/07/2053 | 0.7% |
New York State Urban Development Corp | 5.000% | 03/10/2044 | 0.7% |
Metropolitan Transportation Authority | 5.000% | 11/09/2045 | 0.6% |
Triborough Bridge & Tunnel Authority Sales Tax Rev | 5.000% | 05/09/2047 | 0.6% |
Hudson Yards Infrastructure Corp | 5.000% | 02/10/2042 | 0.6% |
Brooklyn Arena Local Development Corp | 5.000% | 07/10/2042 | 0.6% |
Metropolitan Transportation Authority | 4.000% | 11/08/2051 | 0.6% |
Tsasc Inc/Ny | 5.000% | 05/25/2048 | 0.6% |
Triborough Bridge & Tunnel Authority | 5.250% | 11/07/2053 | 0.6% |
New York Transportation Development Corp | 4.000% | 11/26/2041 | 0.6% |
New York Transportation Development Corp | 4.000% | 06/28/2033 | 0.6% |
City Of New York Ny | 5.250% | 02/21/2049 | 0.5% |
New York Transportation Development Corp | 5.000% | 09/26/2040 | 0.5% |
Port Authority Of New York & New Jersey | 5.000% | 07/11/2036 | 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% |
New York State Thruway Authority | 5.000% | 03/09/2046 | 0.5% |
New York State Dormitory Authority | 5.000% | 03/06/2053 | 0.5% |
New York State Dormitory Authority | 5.000% | 03/10/2043 | 0.5% |
New York State Urban Development Corp | 5.000% | 03/08/2050 | 0.5% |
New York City Transitional Finance Authority Futur | 5.000% | 04/22/2053 | 0.5% |
Metropolitan Transportation Authority | 5.000% | 11/10/2042 | 0.5% |
City Of New York Ny | 5.000% | 09/27/2037 | 0.5% |
Metropolitan Transportation Authority | 5.500% | 11/09/2047 | 0.5% |
Build Nyc Resource Corp | 4.000% | 06/25/2049 | 0.5% |
Metropolitan Transportation Authority | 5.000% | 11/13/2029 | 0.5% |
New York Transportation Development Corp | 4.000% | 11/27/2038 | 0.5% |
New York State Dormitory Authority | 5.250% | 06/24/2049 | 0.5% |
New York State Dormitory Authority | 4.000% | 03/10/2044 | 0.5% |
New York City Municipal Water Finance Authority | 5.250% | 06/07/2052 | 0.5% |
New York City Industrial Development Agency | 3.000% | 12/26/2045 | 0.5% |
New York Transportation Development Corp | 5.000% | 12/29/2035 | 0.5% |
City Of New York Ny | 4.000% | 03/25/2050 | 0.5% |
City Of New York Ny | 5.500% | 04/26/2044 | 0.5% |
Long Island Power Authority | 5.000% | 08/28/2039 | 0.5% |
New York City Municipal Water Finance Authority | 5.250% | 06/08/2048 | 0.5% |
New York Liberty Development Corp | 2.100% | 11/12/2032 | 0.5% |
New York State Dormitory Authority | 5.000% | 06/26/2040 | 0.4% |
New York State Dormitory Authority | 5.000% | 06/23/2053 | 0.4% |
New York City Transitional Finance Authority Futur | 5.250% | 10/27/2040 | 0.4% |
Dutchess County Local Development Corp | 5.000% | 06/30/2028 | 0.4% |
Metropolitan Transportation Authority | 5.000% | 11/08/2050 | 0.4% |
Port Authority Of New York & New Jersey | 5.000% | 07/07/2053 | 0.4% |
Long Island Power Authority | 5.000% | 08/24/2053 | 0.4% |
City Of New York Ny | 4.125% | 07/24/2053 | 0.4% |
New York City Transitional Finance Authority Build | 5.000% | 07/12/2035 | 0.4% |
New York State Dormitory Authority | 4.000% | 06/25/2045 | 0.4% |
Westchester County Local Development Corp | 5.000% | 10/26/2046 | 0.4% |
Nassau County Local Economic Assistance Corp | 5.000% | 07/15/2024 | 0.4% |
New York City Transitional Finance Authority Futur | 5.000% | 01/27/2037 | 0.4% |
Long Island Power Authority | 5.000% | 08/29/2034 | 0.4% |
County Of Nassau Ny | 4.000% | 03/23/2053 | 0.4% |
Port Authority Of New York & New Jersey | 5.000% | 11/10/2041 | 0.4% |
New York Transportation Development Corp | 4.000% | 06/25/2046 | 0.4% |
Metropolitan Transportation Authority | 5.000% | 11/12/2033 | 0.4% |
New York State Energy Research & Development Autho | 4.000% | 03/29/2034 | 0.4% |
New York State Dormitory Authority | 4.000% | 04/24/2045 | 0.4% |
New York State Urban Development Corp | 5.000% | 03/06/2053 | 0.4% |
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 5.000% | 06/22/2058 | 0.4% |
Metropolitan Transportation Authority | 5.000% | 11/13/2030 | 0.4% |
Nassau County Tobacco Settlement Corp | 5.125% | 05/26/2046 | 0.4% |
New York City Transitional Finance Authority | 5.250% | 01/23/2053 | 0.4% |
Jefferson County Civic Facility Development Corp | 5.000% | 10/28/2037 | 0.4% |
New York State Dormitory Authority | 5.000% | 11/29/2029 | 0.4% |
Dutchess County Local Development Corp | 4.000% | 06/24/2049 | 0.4% |
Westchester County Local Development Corp | 5.750% | 10/24/2053 | 0.4% |
New York State Thruway Authority | 4.000% | 12/25/2049 | 0.4% |
Dutchess County Local Development Corp | 5.000% | 06/28/2035 | 0.4% |
New York City Industrial Development Agency | 4.000% | 02/22/2045 | 0.4% |
Westchester Tobacco Asset Securitization Corp | 5.125% | 05/25/2051 | 0.4% |
New York State Dormitory Authority | 5.000% | 06/28/2034 | 0.4% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/24/2051 | 0.4% |
Metropolitan Transportation Authority | 5.000% | 11/13/2029 | 0.4% |
New York Transportation Development Corp | 4.000% | 11/26/2042 | 0.3% |
New York State Dormitory Authority | 4.000% | 07/28/2037 | 0.3% |
New York City Transitional Finance Authority | 5.000% | 04/25/2046 | 0.3% |
New York Transportation Development Corp | 6.000% | 03/29/2035 | 0.3% |
Port Authority Of New York & New Jersey | 5.000% | 10/12/2033 | 0.3% |
New York City Industrial Development Agency | 3.000% | 12/28/2039 | 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% |
Westchester County Local Development Corp | 4.000% | 05/30/2033 | 0.3% |
New York Transportation Development Corp | 5.625% | 03/28/2040 | 0.3% |
Westchester County Local Development Corp | 5.000% | 06/29/2033 | 0.3% |
City Of New York Ny | 5.250% | 03/24/2054 | 0.3% |
Triborough Bridge & Tunnel Authority | 5.250% | 05/07/2054 | 0.3% |
Niagara Area Development Corp | 4.750% | 10/27/2042 | 0.3% |
New York City Transitional Finance Authority Futur | 5.000% | 10/29/2032 | 0.3% |
New York City Industrial Development Agency | 3.000% | 02/21/2049 | 0.3% |
New York City Industrial Development Agency | 5.000% | 06/29/2028 | 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 Transportation Development Corp | 5.000% | 11/27/2039 | 0.3% |
Metropolitan Transportation Authority | 5.000% | 11/12/2034 | 0.3% |
New York State Dormitory Authority | 4.000% | 07/28/2038 | 0.3% |
Triborough Bridge & Tunnel Authority | 5.000% | 11/12/2032 | 0.3% |
New York State Environmental Facilities Corp | 2.875% | 11/25/2044 | 0.3% |
New York Transportation Development Corp | 5.250% | 07/30/2031 | 0.3% |
Dutchess County Local Development Corp | 4.000% | 08/26/2051 | 0.3% |
Port Authority Of New York & New Jersey | 5.000% | 07/09/2046 | 0.3% |
New York Transportation Development Corp | 4.000% | 11/26/2040 | 0.3% |
New York City Transitional Finance Authority Futur | 5.000% | 04/28/2035 | 0.3% |
Build Nyc Resource Corp | 5.250% | 06/23/2052 | 0.3% |
City Of New York Ny | 5.000% | 07/28/2037 | 0.3% |
Troy Capital Resource Corp | 5.000% | 08/29/2034 | 0.3% |
City Of New York Ny | 5.250% | 08/27/2043 | 0.3% |
Build Nyc Resource Corp | 5.000% | 06/08/2051 | 0.2% |
Broome County Local Development Corp | 3.000% | 03/27/2037 | 0.2% |
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 4.750% | 06/23/2053 | 0.2% |
Build Nyc Resource Corp | 5.000% | 08/01/2027 | 0.2% |
New York Counties Tobacco Trust Iv | 0.000% | 05/22/2060 | 0.2% |
Build Nyc Resource Corp | 5.000% | 06/26/2041 | 0.2% |
New York Transportation Development Corp | 4.000% | 11/26/2041 | 0.2% |
Erie Tobacco Asset Securitization Corp | 0.000% | 05/23/2060 | 0.2% |
Dutchess County Local Development Corp | 4.000% | 06/25/2044 | 0.2% |
New York City Transitional Finance Authority Futur | 4.000% | 04/22/2053 | 0.2% |
Troy Capital Resource Corp | 4.000% | 08/29/2036 | 0.2% |
New York State Dormitory Authority | 5.000% | 03/12/2035 | 0.2% |
New York State Dormitory Authority | 5.000% | 06/24/2048 | 0.2% |
Triborough Bridge & Tunnel Authority Sales Tax Rev | 5.000% | 05/07/2054 | 0.2% |
Dutchess County Local Development Corp | 4.000% | 06/29/2035 | 0.2% |
New York Transportation Development Corp | 5.375% | 07/28/2036 | 0.2% |
New York State Dormitory Authority | 5.000% | 04/27/2038 | 0.2% |
Port Authority Of New York & New Jersey | 5.000% | 07/07/2053 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/01/2026 | 0.2% |
New York Transportation Development Corp | 5.000% | 11/26/2042 | 0.2% |
Build Nyc Resource Corp | 5.750% | 05/27/2042 | 0.2% |
Tsasc Inc/Ny | 5.000% | 05/29/2034 | 0.2% |
Westchester County Local Development Corp | 5.000% | 10/29/2034 | 0.2% |
Genesee County Funding Corp/The | 5.250% | 11/23/2052 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/11/2037 | 0.2% |
New York State Environmental Facilities Corp | 5.125% | 08/25/2050 | 0.2% |
Build Nyc Resource Corp | 5.000% | 06/01/2025 | 0.2% |
Dutchess County Local Development Corp | 5.000% | 06/25/2045 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/10/2042 | 0.2% |
New York State Dormitory Authority | 5.000% | 12/01/2026 | 0.2% |
New York Liberty Development Corp | 7.250% | 11/09/2044 | 0.2% |
New York State Dormitory Authority | 5.000% | 04/30/2028 | 0.2% |
Buffalo & Erie County Industrial Land Development | 5.000% | 11/15/2025 | 0.2% |
Dutchess County Local Development Corp | 5.000% | 06/24/2051 | 0.2% |
Westchester County Local Development Corp | 5.000% | 05/27/2047 | 0.2% |
Chautauqua County Capital Resource Corp | 4.250% | 04/02/2028 | 0.2% |
New York City Housing Development Corp | 4.500% | 02/09/2048 | 0.2% |
Southold Local Development Corp | 5.000% | 11/26/2045 | 0.2% |
Westchester County Local Development Corp | 5.000% | 10/29/2033 | 0.2% |
Troy Capital Resource Corp | 4.000% | 08/27/2040 | 0.2% |
New York Transportation Development Corp | 3.000% | 07/30/2031 | 0.2% |
New York State Dormitory Authority | 4.000% | 06/25/2047 | 0.2% |
Tompkins County Development Corp | 5.000% | 06/26/2044 | 0.2% |
Nassau County Local Economic Assistance Corp | 5.000% | 07/01/2024 | 0.2% |
Dutchess County Local Development Corp | 4.000% | 06/28/2037 | 0.2% |
New York City Housing Development Corp | 3.350% | 10/21/2065 | 0.2% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.2% |
Nassau County Tobacco Settlement Corp | 0.000% | 05/22/2060 | 0.2% |
Brookhaven Local Development Corp | 4.000% | 10/26/2045 | 0.2% |
Niagara Frontier Transportation Authority | 5.000% | 03/31/2029 | 0.2% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/26/2040 | 0.2% |
Broome County Local Development Corp | 3.000% | 03/29/2036 | 0.2% |
Troy Capital Resource Corp | 4.000% | 08/30/2034 | 0.2% |
Hempstead Town Local Development Corp | 5.000% | 07/01/2027 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/01/2026 | 0.2% |
Niagara Area Development Corp | 5.000% | 06/23/2052 | 0.2% |
Brookhaven Local Development Corp | 4.000% | 10/24/2055 | 0.2% |
New York State Dormitory Authority | 5.000% | 06/29/2028 | 0.2% |
Schenectady County Capital Resource Corp | 5.250% | 06/29/2032 | 0.2% |
Westchester County Local Development Corp | 5.000% | 06/29/2033 | 0.2% |
New York State Dormitory Authority | 5.000% | 07/01/2026 | 0.2% |
New York Liberty Development Corp | 5.150% | 11/12/2034 | 0.2% |
New York Transportation Development Corp | 4.000% | 10/26/2041 | 0.2% |
New York State Dormitory Authority | 4.000% | 06/28/2037 | 0.1% |
Niagara Frontier Transportation Authority | 5.000% | 03/31/2029 | 0.1% |
Metropolitan Transportation Authority | 5.000% | 11/13/2030 | 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% |
Rockland Tobacco Asset Securitization Corp | 0.000% | 08/05/2060 | 0.1% |
Metropolitan Transportation Authority | 5.250% | 11/12/2032 | 0.1% |
New York Transportation Development Corp | 5.000% | 11/28/2034 | 0.1% |
Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 4.000% | 06/26/2042 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 07/01/2027 | 0.1% |
Nassau County Local Economic Assistance Corp | 5.000% | 07/01/2024 | 0.1% |
Buffalo & Fort Erie Public Bridge Authority | 5.000% | 01/01/2027 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 05/31/2031 | 0.1% |
Erie Tobacco Asset Securitization Corp | 0.000% | 05/24/2055 | 0.1% |
Onondaga Civic Development Corp | 5.000% | 06/26/2046 | 0.1% |
Monroe County Industrial Development Corp/Ny | 4.000% | 11/28/2035 | 0.1% |
New York State Dormitory Authority | 5.000% | 07/01/2026 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 07/01/2027 | 0.1% |
Tsasc Inc/Ny | 5.000% | 05/27/2041 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 06/28/2039 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 05/31/2029 | 0.1% |
New York State Dormitory Authority | 5.000% | 07/29/2035 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/29/2031 | 0.1% |
Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 5.000% | 06/29/2030 | 0.1% |
Commonwealth Of Puerto Rico | 0.000% | 10/28/2043 | 0.1% |
Monroe Tobacco Asset Securitization Corp | 0.000% | 05/23/2061 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/28/2033 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/26/2040 | 0.1% |
St Lawrence County Industrial Development Agency | 5.000% | 08/31/2031 | 0.1% |
New York State Environmental Facilities Corp | 2.750% | 08/25/2050 | 0.1% |
Onondaga Civic Development Corp | 5.000% | 06/30/2031 | 0.1% |
Metropolitan Transportation Authority | 5.250% | 11/12/2034 | 0.1% |
St Lawrence County Industrial Development Agency | 5.000% | 08/31/2031 | 0.1% |
New York State Dormitory Authority | 4.000% | 06/29/2034 | 0.1% |
Westchester County Local Development Corp | 5.000% | 06/30/2028 | 0.1% |
New York State Dormitory Authority | 5.000% | 06/29/2032 | 0.1% |
New York State Dormitory Authority | 4.000% | 07/28/2036 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
Monroe County Industrial Development Corp/Ny | 4.000% | 11/27/2036 | 0.1% |
Dutchess County Local Development Corp | 5.000% | 07/01/2026 | 0.1% |
Troy Capital Resource Corp | 4.000% | 08/30/2035 | 0.1% |
Dutchess County Local Development Corp | 4.000% | 06/27/2040 | 0.1% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.550% | 06/26/2040 | 0.1% |
Onondaga Civic Development Corp | 5.000% | 06/30/2031 | 0.1% |
New York State Dormitory Authority | 5.000% | 06/26/2046 | 0.1% |
Monroe County Industrial Development Corp/Ny | 5.000% | 06/29/2031 | 0.1% |
Onondaga Civic Development Corp | 4.000% | 06/27/2041 | 0.1% |
Hempstead Town Local Development Corp | 5.000% | 05/31/2031 | 0.1% |
Niagara Frontier Transportation Authority | 5.000% | 03/31/2029 | 0.1% |
New York Transportation Development Corp | 4.000% | 11/27/2039 | 0.1% |
City Of Long Beach Ny | 5.250% | 07/14/2030 | 0.1% |
New York State Dormitory Authority | 4.000% | 06/28/2036 | 0.1% |
Tsasc Inc/Ny | 5.000% | 05/29/2035 | 0.1% |
Buffalo & Erie County Industrial Land Development | 5.000% | 06/30/2025 | 0.1% |
Brookhaven Local Development Corp | 3.375% | 09/26/2040 | 0.1% |
Dutchess County Local Development Corp | 5.000% | 07/01/2027 | 0.1% |
Dutchess County Local Development Corp | 5.000% | 06/26/2046 | 0.1% |
Onondaga Civic Development Corp | 4.000% | 06/27/2040 | 0.1% |
Build Nyc Resource Corp | 5.000% | 12/29/2034 | 0.1% |
City Of New Rochelle Ny | 5.000% | 07/01/2025 | 0.1% |
Monroe County Industrial Development Corp/Ny | 5.000% | 12/01/2026 | 0.1% |
New York State Dormitory Authority | 5.000% | 07/01/2025 | 0.1% |
New York City Industrial Development Agency | 0.000% | 02/25/2044 | 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 | 5.750% | 06/29/2031 | 0.0% |
Commonwealth Of Puerto Rico | 5.625% | 06/30/2027 | 0.0% |
Commonwealth Of Puerto Rico | 5.375% | 06/30/2025 | 0.0% |
Hempstead Town Local Development Corp | 5.000% | 05/31/2030 | 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% |
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% |
New York City Industrial Development Agency | 0.000% | 02/24/2043 | 0.0% |
Commonwealth Of Puerto Rico | 0.000% | 06/28/2033 | 0.0% |
St Lawrence County Industrial Development Agency | 5.000% | 08/31/2031 | 0.0% |
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 4.550% | 06/26/2040 | 0.0% |
New York Transportation Development Corp | 2.250% | 07/31/2026 | 0.0% |
Commonwealth Of Puerto Rico | 4.000% | 06/27/2037 | 0.0% |
Onondaga Civic Development Corp | 4.000% | 06/28/2038 | 0.0% |
Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/29/2029 | 0.0% |
New York City Industrial Development Agency | 0.000% | 02/23/2047 | 0.0% |
Tsasc Inc/Ny | 5.000% | 05/28/2036 | 0.0% |
Build Nyc Resource Corp | 4.500% | 01/01/2025 | 0.0% |
Westchester County Healthcare Corp/Ny | 6.000% | 06/30/2024 | 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% | 06/30/2024 | 0.0% |
Commonwealth Of Puerto Rico | 0.000% | 07/01/2024 | 0.0% |
New York State Dormitory Authority | 5.000% | 08/15/2027 | 0.0% |
USU4 - Futures | 0.000% | - | 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 07/26/2024
- $0.16591
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 06/30/2024 | $0.02781 | $10.67 |
Daily | Daily | 05/31/2024 | $0.02751 | $10.51 |
Daily | Daily | 04/30/2024 | $0.02785 | $10.55 |
Daily | Daily | 03/31/2024 | $0.02734 | $10.71 |
Daily | Daily | 02/29/2024 | $0.02816 | $10.73 |
Daily | Daily | 01/31/2024 | $0.02725 | $10.74 |
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 | 07/31/2024 |
Daily | Daily | 08/31/2024 |
Daily | Daily | 09/30/2024 |
Daily | Daily | 10/31/2024 |
Daily | Daily | 11/30/2024 |
Daily | Daily | 12/31/2024 |
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 07/26/2024
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $10.97 |
$100,000 to $249,999 | 1.75% | 1.50% | $10.91 |
Greater than $250,000 | 0.00% | 1.00% | $10.72 |
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 06/30/2024
Fund Gross Expense Ratio | 0.78% |
Fund Net Expense Ratio | 0.78% |
Adjusted Expense Ratio | - |
Expense ratio details, Click here.
The net expense ratio takes into account deductions for certain interest and related expenses from certain of the Fund's investments. Under accounting rules, the Fund recognized additional income in an amount that directly offsets these interest and related expenses. Therefore, the Fund's total returns and net asset value were not affected by such interest and related expenses.
Fund Documents
Fund Documents
0Documents selected
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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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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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