Lord Abbett National Tax Free A (LANSX)
| Fund Assets | 4.52B |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.72% |
| Dividend Growth | 5.38% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.24 |
| YTD Return | -0.89% |
| 1-Year Return | -1.18% |
| 5-Year Return | -0.32% |
| 52-Week Low | 9.86 |
| 52-Week High | 10.73 |
| Beta (5Y) | 0.32 |
| Holdings | 695 |
| 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 -1.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
8.21% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE - New York Transportation Development Corp | NY.NYTTRN 5.5 12.31.2060 | 1.71% |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH - Buckeye Tobacco Settlement Financing Authority | OH.BUCGEN 5 06.01.2055 | 1.09% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | CA.CCEDEV 01.01.2054 | 0.97% |
| PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV - Pennsylvania Economic Development Financing Authority | PA.PASDEV 6 06.30.2061 | 0.77% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | CA.CCEDEV 01.01.2055 | 0.66% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 5 12.01.2050 | 0.63% |
| KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE - Kentucky Public Energy Authority | KY.KYSPWR 04.01.2054 | 0.62% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 12.01.2050 | 0.60% |
| NEW YORK NY CITY TRANSITIONAL FIN AUTH REV - New York City Transitional Finance Authority | NY.NYCGEN 5.25 05.01.2051 | 0.59% |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX - Triborough Bridge & Tunnel Authority | NY.TRBGEN 5.5 12.01.2059 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03354 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0332 | Jul 31, 2025 |
| 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 |