Lord Abbett National Tax Free Fund (LTNSX)
| Fund Assets | 4.52B |
| Expense Ratio | 1.39% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.19% |
| Dividend Growth | 6.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.21 |
| YTD Return | -1.41% |
| 1-Year Return | -1.78% |
| 5-Year Return | -3.39% |
| 52-Week Low | 9.87 |
| 52-Week High | 10.74 |
| Beta (5Y) | n/a |
| Holdings | 695 |
| Inception Date | Jul 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.
Performance
LTNSX had a total return of -1.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.17%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.0283 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02797 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02764 | Jun 30, 2025 |
| May 30, 2025 | $0.02693 | May 30, 2025 |
| Apr 30, 2025 | $0.02775 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02651 | Mar 31, 2025 |