Lord Abbett New York Tax Free F (LNYFX)
| Fund Assets | 604.78M |
| Expense Ratio | 0.71% |
| Min. Investment | $0.00 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.67% |
| Dividend Growth | 7.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.63 |
| YTD Return | 2.78% |
| 1-Year Return | 7.34% |
| 5-Year Return | 0.11% |
| 52-Week Low | 10.05 |
| 52-Week High | 10.65 |
| Beta (5Y) | n/a |
| Holdings | 283 |
| Inception Date | n/a |
About LNYFX
Lord Abbett New York Tax Free Fund Class F is a municipal bond mutual fund designed to provide investors with interest income that is exempt from federal, New York State, and New York City income taxes. The fund primarily invests in a diversified portfolio of New York municipal bonds, focusing on securities that are investment grade, but it may allocate up to 20% of its assets to lower-rated, high-yield bonds for additional income potential. Managed by an experienced investment team, the fund emphasizes generating tax-advantaged income while maintaining reasonable risk. Monthly dividend distributions and a competitive expense ratio support its appeal for investors seeking tax efficiency. The fund plays a significant role for individuals in high-tax jurisdictions, serving as a specialized tool for state and local tax management, while also contributing to public sector financing across sectors such as transportation, healthcare, and education within New York State. Its sizeable asset base and extensive holdings further underscore its importance within the municipal fixed income market.
Performance
LNYFX had a total return of 7.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.19%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0332 | Jun 30, 2026 |
| May 29, 2026 | $0.033 | May 29, 2026 |
| Apr 30, 2026 | $0.03306 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03317 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03336 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03313 | Jan 30, 2026 |