Lord Abbett New York Tax Free C (NYLAX)

Fund Assets	555.48M
Expense Ratio	1.45%
Min. Investment	$1,000
Turnover	29.00%
Dividend (ttm)	0.32
Dividend Yield	3.17%
Dividend Growth	8.64%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.85
YTD Return	-3.83%
1-Year Return	-3.22%
5-Year Return	-7.54%
52-Week Low	9.73
52-Week High	10.63
Beta (5Y)	0.07
Holdings	286
Inception Date	Jul 15, 1996

About NYLAX

The Lord Abbett New York Tax Free Fund Class C is a mutual fund designed to provide investors with regular income that is exempt from federal, New York State, and New York City personal income taxes. Its primary purpose is to maximize tax-exempt interest income consistent with reasonable risk, making it particularly relevant for residents of New York seeking municipal bond exposure for tax-advantaged income. The fund primarily invests at least 80% of its net assets in a diversified portfolio of municipal bonds issued by entities within New York State. These holdings include both insured and uninsured municipal securities, and the fund may also allocate a portion to bonds subject to the federal alternative minimum tax. Managed by an experienced investment team, the fund typically holds several hundred municipal securities across sectors such as transportation, healthcare, and education. With monthly dividend distributions and a $1,000 minimum initial investment, the fund serves as a specialized vehicle within the broader municipal debt sector, contributing to capital preservation and offering targeted state-specific tax benefits to its investors.

• Fund Family: Lord Abbett
• Category: Muni New York Long
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NYLAX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

NYLAX had a total return of -3.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.86%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FEMIX	Fidelity	Fidelity Advisor NY Municipal Inc I	0.55%
FNMAX	Fidelity	Fidelity Advisor NY Municipal Inc A	0.76%
FTFMX	Fidelity	Fidelity New York Municipal Income Fund	0.46%
FNYPX	Fidelity	Fidelity Advisor NY Municipal Inc M	0.72%
FNYCX	Fidelity	Fidelity Advisor NY Municipal Inc C	1.46%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LONYX	Class F3	0.58%
NYLIX	Class I	0.61%
LNYFX	Class F	0.71%
LANYX	Class A	0.81%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02698	Sep 30, 2026
Aug 31, 2026	$0.02647	Aug 31, 2026
Jul 31, 2026	$0.02644	Jul 31, 2026
Jun 30, 2026	$0.02663	Jun 30, 2026
May 29, 2026	$0.02626	May 29, 2026
Apr 30, 2026	$0.02652	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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