Lord Abbett California Tax Free F (LCFFX)
| Fund Assets | 737.20M |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.63% |
| Dividend Growth | 4.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.11 |
| YTD Return | 2.78% |
| 1-Year Return | 7.91% |
| 5-Year Return | 0.14% |
| 52-Week Low | 9.56 |
| 52-Week High | 10.17 |
| Beta (5Y) | 0.09 |
| Holdings | 291 |
| 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 7.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03101 | Jun 30, 2026 |
| May 29, 2026 | $0.03058 | May 29, 2026 |
| Apr 30, 2026 | $0.03065 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03066 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03138 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03096 | Jan 30, 2026 |