Lord Abbett California Tax Free Fund Class F3 (LCFOX)
| Fund Assets | 720.95M |
| Expense Ratio | 0.57% |
| Min. Investment | $0.00 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.78% |
| Dividend Growth | 4.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 10.06 |
| YTD Return | 1.91% |
| 1-Year Return | 7.75% |
| 5-Year Return | 0.14% |
| 52-Week Low | 9.56 |
| 52-Week High | 10.16 |
| Beta (5Y) | 0.34 |
| Holdings | 291 |
| Inception Date | n/a |
About LCFOX
Lord Abbett California Tax Free Fund is a municipal bond mutual fund that seeks to maximize interest income exempt from federal and California personal income tax. The fund primarily invests in investment grade municipal bonds, aiming for at least 80% of assets in securities that generate tax-free income for California residents. These holdings span diverse sectors such as transportation, healthcare, education, and utilities, helping to support public infrastructure and essential services across California and, to a lesser extent, other states when the bonds meet the fund’s tax-exemption criteria. With a portfolio of over 275 securities and an effective duration around eight years, the fund strategically manages interest rate risk while maintaining broad diversification. The Lord Abbett California Tax Free Fund plays an important role in the California municipal bond market, offering investors who seek tax-advantaged income a professionally managed vehicle that contributes to the financing of state and local development projects.
Performance
LCFOX had a total return of 7.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.18%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.03173 | May 29, 2026 |
| Apr 30, 2026 | $0.03175 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03181 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03244 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03212 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0317 | Dec 31, 2025 |