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
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LTNSX
Share Class Class C
Index Bloomberg Municipal Bond TR
LTNSX had a total return of -3.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.92%.
