Lord Abbett Intermediate Tax Free Fund (LISAX)
| Fund Assets | 5.03B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.30% |
| Dividend Growth | 9.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.10 |
| YTD Return | 0.26% |
| 1-Year Return | 0.52% |
| 5-Year Return | 1.39% |
| 52-Week Low | 9.85 |
| 52-Week High | 10.42 |
| Beta (5Y) | 0.24 |
| Holdings | 899 |
| Inception Date | Jun 30, 2003 |
About LISAX
Lord Abbett Intermediate Tax Free Fund Class A is a U.S.-based municipal bond mutual fund focused on providing investors with a high level of interest income that is exempt from federal income tax. The fund primarily invests at least 80% of its net assets in investment grade municipal bonds, which are debt securities issued by state and local governments and their agencies. Its portfolio spans a wide range of sectors, including healthcare, transportation, housing, education, and utilities, reflecting broad exposure to publicly funded infrastructure and community projects. With an average effective maturity of approximately 10.8 years and a monthly dividend payout schedule, this fund targets intermediate-term investors seeking tax-efficient income while maintaining a balance between yield and credit risk. The fund is actively managed, allowing for adjustments based on prevailing economic and market conditions, and aims to align risk levels with the volatility of key municipal bond benchmarks. As of the latest data, it holds close to 900 securities, supports a minimum investment threshold, and maintains a competitive expense ratio within its category.
Performance
LISAX had a total return of 0.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Interm-Term Tx-Ex Inv | 0.17% |
Top 10 Holdings
6.71% of assets| Name | Symbol | Weight |
|---|---|---|
| UNIV OF CALIFORNIA REVENUES - University of California | CA.UNVHGR 05.15.2048 | 0.82% |
| Southeast Energy Authority A Cooperative District | AL.SEEPWR 5 11.01.2035 | 0.69% |
| KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE - Kentucky Public Energy Authority | KY.KYSPWR 06.01.2055 | 0.68% |
| City of Chicago IL | n/a | 0.68% |
| NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE - New York Transportation Development Corp | NY.NYTTRN 6 04.01.2035 | 0.66% |
| SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE - Southeast Energy Authority A Cooperative District | AL.SEEPWR 11.01.2055 | 0.65% |
| DELAWARE ST ECON DEV AUTH REVENUE - Delaware State Economic Development Authority | DE.DESDEV 10.01.2045 | 0.64% |
| BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE - Black Belt Energy Gas District | AL.BBEUTL 10.01.2052 | 0.64% |
| HOUSTON TX ARPT SYS REVENUE - City of Houston TX Airport System Revenue | TX.HOUAPT 5.5 07.15.2035 | 0.63% |
| MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE - Main Street Natural Gas Inc | GA.MAIUTL 08.01.2052 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02931 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02916 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02888 | Jun 30, 2025 |
| May 30, 2025 | $0.02818 | May 30, 2025 |
| Apr 30, 2025 | $0.02901 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02805 | Mar 31, 2025 |