Lord Abbett Intermediate Tax Free I (LAIIX)
| Fund Assets | 5.60B |
| Expense Ratio | 0.52% |
| Min. Investment | $0.00 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.64% |
| Dividend Growth | 5.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.35 |
| YTD Return | 2.03% |
| 1-Year Return | 6.50% |
| 5-Year Return | 5.10% |
| 52-Week Low | 9.98 |
| 52-Week High | 10.51 |
| Beta (5Y) | n/a |
| Holdings | 930 |
| Inception Date | n/a |
About LAIIX
Lord Abbett Intermediate Tax Free Fund Class I is a fixed income mutual fund designed to provide investors with a high level of income that is exempt from federal income tax. The fund primarily focuses on investing at least 80% of its assets in investment-grade municipal bonds issued by state and local governments or agencies in the United States, the interest from which is federally tax-free. Notable features include a relatively low expense ratio for its category and a portfolio comprising hundreds of holdings, providing broad diversification across the municipal bond sector. With an effective duration of around 5–5.7 years, the fund targets intermediate maturities—balancing income generation with interest rate risk. Typically utilized by institutional and high-net-worth investors due to its $1 million minimum initial investment, it serves as a core tax-advantaged fixed income allocation within diversified portfolios. The fund’s monthly distributions and federally tax-exempt status make it particularly significant for investors seeking tax-efficient income solutions within the broader municipal bond market.
Performance
LAIIX had a total return of 6.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03168 | Jun 30, 2026 |
| May 29, 2026 | $0.03105 | May 29, 2026 |
| Apr 30, 2026 | $0.03152 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0312 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03183 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03132 | Jan 30, 2026 |