Lord Abbett National Tax Free Fund Class I (LTNIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.03
+0.01 (0.10%)
Jun 9, 2025, 4:00 PM EDT
| Fund Assets | 1.98B |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.04% |
| Dividend Growth | 4.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 10.02 |
| YTD Return | -3.16% |
| 1-Year Return | -1.03% |
| 5-Year Return | 1.26% |
| 52-Week Low | 9.86 |
| 52-Week High | 10.73 |
| Beta (5Y) | n/a |
| Holdings | 716 |
| Inception Date | Jul 26, 2010 |
About LTNIX
The Lord Abbett National Tax Free Fund Class I (LTNIX) seeks to provide income that is exempt from federal income taxes consistent with reasonable risk. LTNIX invests in investment grade municipal bonds, which are bonds that are rated BBB/Baa or higher by an independent rating agency or are unrated but deemed by Lord Abbett to be of comparable quality.
Category Muni National Long
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LTNIX
Share Class Class I
Index Bloomberg Municipal Bond TR
Performance
LTNIX had a total return of -1.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.29%.
Top 10 Holdings
8.08% 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 | 1.72% |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH - Buckeye Tobacco Settlement Financing Authority | OH.BUCGEN 5 06.01.2055 | 1.03% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | n/a | 0.93% |
| PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV - Pennsylvania Economic Development Financing Authority | PA.PASDEV 6 06.30.2061 | 0.76% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 4.33 07.01.2040 | 0.68% |
| KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE - Kentucky Public Energy Authority | KY.KYSPWR 04.01.2054 | 0.61% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 5 12.01.2050 | 0.60% |
| NEW YORK NY CITY TRANSITIONAL FIN AUTH REV - New York City Transitional Finance Authority | n/a | 0.58% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 12.01.2050 | 0.58% |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX - Triborough Bridge & Tunnel Authority | NY.TRBGEN 5.5 12.01.2059 | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.03392 | May 30, 2025 |
| Apr 30, 2025 | $0.03453 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03371 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03383 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0365 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03326 | Dec 31, 2024 |