Lord Abbett California Tax Free F (LCFFX)
| Fund Assets | 693.47M |
| Expense Ratio | 0.67% |
| Min. Investment | $0.00 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.28% |
| Dividend Growth | 4.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 10.04 |
| YTD Return | n/a |
| 1-Year Return | 2.59% |
| 5-Year Return | 0.11% |
| 52-Week Low | 9.25 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 278 |
| 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 2.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.12%.
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 Muni Inc A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Muni Inc Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Muni Inc I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Muni Inc M | 0.67% |
Top 10 Holdings
10.68% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA ST UNIV REV 5.5% | CA.CASHGR 5.5 11.01.2055 | 1.28% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 1.19% |
| CALIFORNIA HSG FIN AGY MUN CTFS 3.25% | CA.CASHSG 3.25 08.20.2036 | 1.12% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 10.01.2055 | 1.09% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 1.06% |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5.5% | CA.SDGAPT 5.5 07.01.2055 | 1.06% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2031 | 1.04% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5.25% | CA.CASMED 5.25 08.15.2054 | 0.95% |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | CA.ALATRN 5 10.01.2052 | 0.95% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2056 | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 31, 2025 | $0.03005 | Jul 31, 2025 |