Lord Abbett California Tax Free Fund Class A (LCFIX)

Fund Assets	730.38M
Expense Ratio	0.80%
Min. Investment	$1,000
Turnover	40.00%
Dividend (ttm)	0.36
Dividend Yield	3.63%
Dividend Growth	4.72%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.87
YTD Return	0.59%
1-Year Return	5.79%
5-Year Return	-2.68%
52-Week Low	9.66
52-Week High	10.17
Beta (5Y)	0.09
Holdings	296
Inception Date	Sep 3, 1985

About LCFIX

Lord Abbett California Tax Free Fund Class A is a municipal bond mutual fund designed to provide investors with income that is exempt from both federal and California state personal income taxes. The fund primarily invests in investment-grade municipal bonds, including those issued by or on behalf of California, with the goal of maximizing tax-free interest income while maintaining a focus on reasonable risk levels. Under normal market conditions, at least 80% of its net assets are allocated to these tax-exempt securities, and the portfolio is actively managed to adapt to changing market conditions and credit environments. This fund stands out for its emphasis on providing tax-advantaged income, appealing particularly to residents of California seeking to minimize their overall tax liability. The fund is managed by an experienced investment team and has a long operating history since its inception in 1985. It typically pays dividends monthly and is characterized by an average effective maturity of about 20 years and a moderate duration profile. Lord Abbett California Tax Free Fund Class A plays an important role in the municipal debt sector by facilitating capital for public infrastructure while offering investors a means to earn income with potential tax benefits.

• Fund Family: Lord Abbett
• Category: Muni California Long
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LCFIX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

LCFIX had a total return of 5.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.15%.

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 Municipal Income Fund - Class I	0.52%
FCMTX	Fidelity	Fidelity Advisor California Muni Inc M	0.67%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LCFOX	Class F3	0.57%
CAILX	Class I	0.60%
LCFFX	Class F	0.70%
CALAX	Class C	1.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03008	Jul 31, 2026
Jun 30, 2026	$0.03019	Jun 30, 2026
May 29, 2026	$0.02974	May 29, 2026
Apr 30, 2026	$0.02982	Apr 30, 2026
Mar 31, 2026	$0.02982	Mar 31, 2026
Feb 27, 2026	$0.03062	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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