Lord Abbett New Jersey Tax Free F (LNJFX)
| Fund Assets | 180.08M |
| Expense Ratio | 0.72% |
| Min. Investment | $0.00 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 3.30% |
| Dividend Growth | 4.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 4.770 |
| YTD Return | 2.33% |
| 1-Year Return | 7.49% |
| 5-Year Return | 1.52% |
| 52-Week Low | 4.500 |
| 52-Week High | 4.790 |
| Beta (5Y) | 0.08 |
| Holdings | 200 |
| Inception Date | Sep 28, 2007 |
About LNJFX
Lord Abbett New Jersey Tax Free Fund Class F is an actively managed municipal bond mutual fund focused on providing investors with a high level of tax-exempt income. Its primary objective is to maximize interest income exempt from both federal and New Jersey state personal income taxes, making it particularly attractive for residents of New Jersey seeking tax-advantaged returns. The fund primarily invests in a diversified portfolio of investment-grade municipal securities issued by New Jersey state and local governments, as well as related authorities and agencies. These holdings span key sectors such as transportation, education, healthcare, water and sewer, and general obligation bonds, supporting vital public infrastructure within the state. With a net expense ratio of 0.72%, the fund emphasizes credit quality, allocating the majority of its assets to bonds rated A or higher, and maintains a moderate portfolio turnover rate to balance income generation with risk management. Since its inception in 2007, the fund has played a significant role for investors aiming to preserve capital while earning tax-efficient income from New Jersey municipal markets.
Performance
LNJFX had a total return of 7.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.01323 | Jun 30, 2026 |
| May 29, 2026 | $0.01308 | May 29, 2026 |
| Apr 30, 2026 | $0.01321 | Apr 30, 2026 |
| Mar 31, 2026 | $0.01313 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01341 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0132 | Jan 30, 2026 |