Lord Abbett Intermediate Tax Free Fund (LISCX)
| Fund Assets | 5.03B |
| Expense Ratio | 1.32% |
| Min. Investment | $1,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.76% |
| Dividend Growth | 11.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.07 |
| YTD Return | -0.29% |
| 1-Year Return | -0.38% |
| 5-Year Return | -1.60% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.40 |
| Beta (5Y) | n/a |
| Holdings | 899 |
| Inception Date | Jun 30, 2003 |
About LISCX
Lord Abbett Intermediate Tax Free Fund Class C is an actively managed municipal bond mutual fund designed to generate a high level of income that is exempt from federal income tax. According to its prospectus, the fund seeks the maximum amount of federally tax‑exempt interest consistent with reasonable risk, investing primarily in investment‑grade municipal securities with an intermediate interest‑rate profile. It sits within the muni national intermediate category, diversifying across states, sectors, and revenue sources such as general obligation and revenue bonds to help moderate credit and sector concentration risks. The portfolio is broadly diversified, holding several hundred issues, and pays income on a monthly basis. The Class C share class features ongoing distribution and service fees under a 12b‑1 arrangement and carries a higher net expense ratio relative to some other share classes, with automatic conversion to Class A after eight years as disclosed in fund documents. As a core tax‑exempt option, the fund’s role in the market is to provide federally tax‑advantaged income and intermediate duration exposure to the U.S. municipal bond market for taxable investors seeking diversified access to public‑finance credits.
Performance
LISCX had a total return of -0.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.25%.
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 | $0.02398 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02384 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02373 | Jun 30, 2025 |
| May 30, 2025 | $0.02287 | May 30, 2025 |
| Apr 30, 2025 | $0.02387 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02268 | Mar 31, 2025 |