Lord Abbett New York Tax Free Fund Class A (LANYX)

Fund Assets	598.55M
Expense Ratio	0.81%
Min. Investment	$1,000
Turnover	29.00%
Dividend (ttm)	0.38
Dividend Yield	3.68%
Dividend Growth	7.92%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.35
YTD Return	0.80%
1-Year Return	5.84%
5-Year Return	-1.91%
52-Week Low	10.13
52-Week High	10.64
Beta (5Y)	0.33
Holdings	284
Inception Date	Apr 2, 1984

About LANYX

Lord Abbett New York Tax Free Fund Class A is an open-end mutual fund focused on delivering income that is exempt from federal, New York State, and New York City personal income taxes. Its primary purpose is to invest at least 80% of its net assets in municipal bonds that pay interest free from these specific taxes, making it an appealing option for residents seeking tax-efficient income. The fund predominantly holds long-term debt securities issued by or on behalf of governmental entities associated with New York, though it may also include qualifying bonds from outside the state when they meet tax-exemption standards. Key characteristics include an average effective maturity of around 21.6 years and a portfolio duration of about 8.1 years, indicating a focus on long-dated municipal obligations. With over 295 holdings and a relatively modest expense ratio, the fund’s investment approach balances the pursuit of high tax-exempt income with risk management tied to municipal bond market conditions. It also features monthly dividend distributions and a minimum initial investment suitable for individual investors. This fund serves an important role in helping New York-based investors manage tax liabilities while seeking stable income from the municipal bond sector.

• Fund Family: Lord Abbett
• Category: Muni New York Long
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LANYX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

LANYX had a total return of 5.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.04%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FEMIX	Fidelity	Fidelity Advisor NY Municipal Inc I	0.53%
FNMAX	Fidelity	Fidelity Advisor NY Municipal Inc A	0.76%
FTFMX	Fidelity	Fidelity New York Municipal Income Fund	0.45%
FNYPX	Fidelity	Fidelity Advisor NY Municipal Inc M	0.72%
FNYCX	Fidelity	Fidelity Advisor NY Municipal Inc C	1.46%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LONYX	Class F3	0.58%
NYLIX	Class I	0.61%
LNYFX	Class F	0.71%
NYLAX	Class C	1.45%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03229	Jul 31, 2026
Jun 30, 2026	$0.0323	Jun 30, 2026
May 29, 2026	$0.03208	May 29, 2026
Apr 30, 2026	$0.03216	Apr 30, 2026
Mar 31, 2026	$0.03225	Mar 31, 2026
Feb 27, 2026	$0.03252	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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