Lord Abbett National Tax Free Fund Class A (LANSX)
| Fund Assets | 4.53B |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.80% |
| Dividend Growth | 5.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.92 |
| YTD Return | -4.36% |
| 1-Year Return | -2.80% |
| 5-Year Return | -3.69% |
| 52-Week Low | 9.86 |
| 52-Week High | 10.73 |
| Beta (5Y) | 0.31 |
| Holdings | 706 |
| Inception Date | Apr 2, 1984 |
About LANSX
The Lord Abbett National Tax Free Fund Class A is a mutual fund designed to provide investors with a high level of interest income that is exempt from federal income tax. Its primary function is to invest at least 80% of its net assets in a diversified portfolio of U.S. municipal bonds, with a focus on investment grade securities. The fund seeks to balance income generation with reasonable risk, typically maintaining an average effective maturity of approximately 20 years and an effective duration around 8 years. This fund may hold a mix of general obligation bonds, revenue bonds, municipal leases, and various other municipal instruments, including some that may be subject to the federal alternative minimum tax. Managed by a team with deep industry experience, it leverages in-depth credit risk analysis and considers both return potential and risk factors, such as interest rate sensitivity and call protection. The fund pays dividends monthly and is suitable for investors seeking tax-advantaged income, making it an important option for individuals looking to reduce their federal tax liabilities while gaining exposure to the municipal bond market. Launched in 1984, it has established a long track record within the national municipal bond fund category.
Performance
LANSX had a total return of -2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
8.15% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.5% | NY.NYTTRN 5.5 12.31.2060 | 1.71% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.10% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.95% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 6% | PA.PASDEV 6 06.30.2061 | 0.76% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 0.65% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | IA.IASGEN 5 12.01.2050 | 0.62% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 0.61% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | IA.IASGEN 12.01.2050 | 0.59% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25% | NY.NYCGEN 5.25 05.01.2051 | 0.59% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.5% | NY.TRBGEN 5.5 12.01.2059 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03274 | Jun 30, 2025 |
| May 30, 2025 | $0.03223 | May 30, 2025 |
| Apr 30, 2025 | $0.03289 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03197 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03225 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03475 | Jan 31, 2025 |