Lord Abbett National Tax Free F3 (LONSX)
| Fund Assets | 4.52B |
| Expense Ratio | 0.54% |
| Min. Investment | $1,000,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.04% |
| Dividend Growth | 5.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.29 |
| YTD Return | -0.54% |
| 1-Year Return | -0.84% |
| 5-Year Return | 0.48% |
| 52-Week Low | 9.86 |
| 52-Week High | 10.73 |
| Beta (5Y) | n/a |
| Holdings | 695 |
| Inception Date | n/a |
About LONSX
Lord Abbett National Tax Free Fund Class F3 is a mutual fund focused on generating a high level of federally tax-exempt income by primarily investing in investment grade municipal bonds. Managed by an experienced investment team, the fund maintains a diversified portfolio of municipal securities issued by various U.S. state and local governments. Notably, it may allocate up to 20% of its assets to securities subject to the federal alternative minimum tax, providing the potential for enhanced yield diversification. With a monthly dividend distribution schedule and an average effective maturity of approximately 20 years, the fund is structured to offer investors stable, tax-advantaged income streams. The net expense ratio is competitively low for its class, supporting efficient cost management for shareholders. Lord Abbett National Tax Free Fund Class F3 plays a significant role for investors seeking tax-exempt income, especially those impacted by higher federal tax brackets, and serves as a core holding within the municipal bond sector of the broader fixed income market.
Performance
LONSX had a total return of -0.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.93%.
Top 10 Holdings
8.21% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE - New York Transportation Development Corp | NY.NYTTRN 5.5 12.31.2060 | 1.71% |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH - Buckeye Tobacco Settlement Financing Authority | OH.BUCGEN 5 06.01.2055 | 1.09% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | CA.CCEDEV 01.01.2054 | 0.97% |
| PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV - Pennsylvania Economic Development Financing Authority | PA.PASDEV 6 06.30.2061 | 0.77% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | CA.CCEDEV 01.01.2055 | 0.66% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 5 12.01.2050 | 0.63% |
| KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE - Kentucky Public Energy Authority | KY.KYSPWR 04.01.2054 | 0.62% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 12.01.2050 | 0.60% |
| NEW YORK NY CITY TRANSITIONAL FIN AUTH REV - New York City Transitional Finance Authority | NY.NYCGEN 5.25 05.01.2051 | 0.59% |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX - Triborough Bridge & Tunnel Authority | NY.TRBGEN 5.5 12.01.2059 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03568 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03535 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03484 | Jun 30, 2025 |
| May 30, 2025 | $0.0344 | May 30, 2025 |
| Apr 30, 2025 | $0.03499 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03416 | Mar 31, 2025 |