Lord Abbett National Tax Free Fund Class C (LTNSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.93
0.00 (0.00%)
Jul 24, 2025, 4:00 PM EDT
Fund Assets4.54B
Expense Ratio1.39%
Min. Investment$1,000
Turnover27.00%
Dividend (ttm)0.32
Dividend Yield3.24%
Dividend Growth6.26%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close9.93
YTD Return-4.49%
1-Year Return-3.29%
5-Year Return-6.32%
52-Week Low9.87
52-Week High10.74
Beta (5Y)n/a
Holdings706
Inception DateJul 15, 1996

About LTNSX

Lord Abbett National Tax Free Fund Class C is an actively managed municipal bond mutual fund focused on delivering income exempt from federal income tax. Its primary purpose is to provide tax-advantaged income for investors by predominantly investing in investment-grade municipal bonds—those rated BBB/Baa or higher, or deemed of comparable quality by the manager. The fund holds a diversified portfolio across sectors such as transportation, healthcare, education, utilities, and state or local government obligations, spanning a range of maturities. The fund is designed for investors seeking regular, tax-free income through monthly dividends. It maintains a broad investment mandate, emphasizing both capital preservation and income consistency, and is suitable for tax-sensitive investors. With a history dating back to 1996, it plays a significant role in the municipal bond sector, offering access to a widely diversified pool of government and municipal issuers. The fund is characterized by an accessible minimum investment and a relatively high number of holdings, ensuring wide exposure within the municipal bond market.

Fund Family Lord Abbett
Category Muni National Long
Stock Exchange NASDAQ
Ticker Symbol LTNSX
Share Class Class C
Index Bloomberg Municipal Bond TR

Performance

LTNSX had a total return of -3.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.08%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FLUVXFidelityFidelity Advisor Municipal Income Fund - Class M0.75%
FKISXFidelityFidelity Advisor Municipal Income Fund - Class C1.50%
FROGXFidelityFidelity Advisor Municipal Income Fund - Class I0.51%
FUENXFidelityFidelity Flex Municipal Income Fundn/a
FHIGXFidelityFidelity Municipal Income Fund0.44%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
LONSXClass F30.54%
LTNIXClass I0.58%
LANFXClass F0.68%
LANSXClass A0.78%

Top 10 Holdings

8.15% of assets
NameSymbolWeight
NEW YORK TRANSN DEV CORP SPL FAC REV 5.5%NY.NYTTRN 5.5 12.31.20601.71%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%OH.BUCGEN 5 06.01.20551.10%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%CA.CCEDEV 01.01.20540.95%
PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 6%PA.PASDEV 6 06.30.20610.76%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%CA.CCEDEV 01.01.20550.65%
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5%IA.IASGEN 5 12.01.20500.62%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%KY.KYSPWR 04.01.20540.61%
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5%IA.IASGEN 12.01.20500.59%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%NY.NYCGEN 5.25 05.01.20510.59%
TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.5%NY.TRBGEN 5.5 12.01.20590.58%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.02764Jun 30, 2025
May 30, 2025$0.02693May 30, 2025
Apr 30, 2025$0.02775Apr 30, 2025
Mar 31, 2025$0.02651Mar 31, 2025
Feb 28, 2025$0.02729Feb 28, 2025
Jan 31, 2025$0.02929Jan 31, 2025
Full Dividend History