Lord Abbett California Tax Free Fund Class F (LCFFX)
| Fund Assets | 693.53M |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.58% |
| Dividend Growth | 4.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.09 |
| YTD Return | 1.11% |
| 1-Year Return | 4.46% |
| 5-Year Return | -0.26% |
| 52-Week Low | 9.22 |
| 52-Week High | 10.10 |
| Beta (5Y) | n/a |
| Holdings | 279 |
| Inception Date | Sep 28, 2007 |
About LCFFX
Lord Abbett California Tax Free Fund Class F is an open-ended municipal bond mutual fund designed to provide investors with a high level of interest income that is exempt from both federal and California personal income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal securities issued within California or agencies supporting California infrastructure, such as education, healthcare, transportation, and other public services. Managed by Lord Abbett & Co., the portfolio emphasizes diversification while balancing tax efficiency with reasonable levels of risk, and employs a research-driven, actively managed approach. The fund features a competitive net expense ratio of 0.67% and pays dividends monthly. Its holdings span a broad maturity spectrum, with an average effective maturity over 20 years, allowing it to target longer-term tax-exempt income streams. Since its inception in 2007 for the Class F shares, the fund has played a significant role for investors seeking state-specific municipal exposure and tax-advantaged fixed income within diversified portfolios. Lord Abbett California Tax Free Fund Class F is especially relevant for California residents wishing to reduce both federal and state tax liability through municipal bond allocations.
Performance
LCFFX had a total return of 4.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCMAX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class M | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03096 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03054 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0306 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03017 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03051 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03041 | Aug 29, 2025 |