Lord Abbett National Tax Free Fund Class A (LANSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.92
0.00 (0.00%)
Jul 25, 2025, 4:00 PM EDT
Fund Assets4.53B
Expense Ratio0.78%
Min. Investment$1,000
Turnover27.00%
Dividend (ttm)0.39
Dividend Yield3.80%
Dividend Growth5.48%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close9.92
YTD Return-4.36%
1-Year Return-2.80%
5-Year Return-3.69%
52-Week Low9.86
52-Week High10.73
Beta (5Y)0.31
Holdings706
Inception DateApr 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.

Fund Family Lord Abbett
Category Muni National Long
Stock Exchange NASDAQ
Ticker Symbol LANSX
Share Class Class A
Index Bloomberg Municipal Bond TR

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.

SymbolProviderNameExpense Ratio
FLUVXFidelityFidelity Advisor Municipal Income Fund - Class M0.75%
FKISXFidelityFidelity Advisor Municipal Income Fund - Class C1.50%
FROGXFidelityFidelity Advisor Municipal Income Fund - Class I0.51%
FUENXFidelityFidelity Flex Municipal Income Fundn/a
FHIGXFidelityFidelity Municipal Income Fund0.44%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
LONSXClass F30.54%
LTNIXClass I0.58%
LANFXClass F0.68%
LTNSXClass C1.39%

Top 10 Holdings

8.15% of assets
NameSymbolWeight
NEW YORK TRANSN DEV CORP SPL FAC REV 5.5%NY.NYTTRN 5.5 12.31.20601.71%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%OH.BUCGEN 5 06.01.20551.10%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%CA.CCEDEV 01.01.20540.95%
PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 6%PA.PASDEV 6 06.30.20610.76%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%CA.CCEDEV 01.01.20550.65%
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5%IA.IASGEN 5 12.01.20500.62%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%KY.KYSPWR 04.01.20540.61%
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5%IA.IASGEN 12.01.20500.59%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%NY.NYCGEN 5.25 05.01.20510.59%
TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.5%NY.TRBGEN 5.5 12.01.20590.58%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.03274Jun 30, 2025
May 30, 2025$0.03223May 30, 2025
Apr 30, 2025$0.03289Apr 30, 2025
Mar 31, 2025$0.03197Mar 31, 2025
Feb 28, 2025$0.03225Feb 28, 2025
Jan 31, 2025$0.03475Jan 31, 2025
Full Dividend History