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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.84

$3.79 B

5.28%

$0.52

1.36%

Vitals

YTD Return

-19.0%

1 yr return

-10.2%

3 Yr Avg Return

-0.6%

5 Yr Avg Return

1.3%

Net Assets

$3.79 B

Holdings in Top 10

6.4%

52 WEEK LOW AND HIGH

$9.9
$9.84
$12.15

Expenses

OPERATING FEES

Expense Ratio 1.36%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 18.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni National Long


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.84

$3.79 B

5.28%

$0.52

1.36%

LTNSX - Profile

Distributions

  • YTD Total Return -19.0%
  • 3 Yr Annualized Total Return -0.6%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.94%
DIVIDENDS
  • Dividend Yield 5.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett National Tax Free Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jul 15, 1996
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Solender

Fund Description

In pursuing its investment objective, the fund uses the volatility of the Bloomberg Municipal Bond Index as an approximation of reasonable risk. It invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that pay interest exempt from federal income tax.


LTNSX - Performance

Return Ranking - Trailing

Period LTNSX Return Category Return Low Category Return High Rank in Category (%)
YTD -19.0% -86.8% 7.5% 90.50%
1 Yr -10.2% -16.3% 15.7% 96.02%
3 Yr -0.6%* -6.2% 10.3% 89.94%
5 Yr 1.3%* -3.5% 5.7% 60.64%
10 Yr 2.2%* -0.6% 8.3% 39.75%

* Annualized

Return Ranking - Calendar

Period LTNSX Return Category Return Low Category Return High Rank in Category (%)
2021 1.0% -91.1% 101.7% 13.83%
2020 1.9% -79.2% 310.0% 40.93%
2019 5.9% -66.1% 15.4% 5.26%
2018 -2.5% -57.4% 97.2% 66.52%
2017 3.6% -100.0% 6.8% 5.14%

Total Return Ranking - Trailing

Period LTNSX Return Category Return Low Category Return High Rank in Category (%)
YTD -19.0% -86.8% 7.5% 90.32%
1 Yr -11.1% -16.3% 23.6% 89.83%
3 Yr -0.6%* -7.0% 11.5% 76.37%
5 Yr 1.3%* -4.0% 5.7% 50.76%
10 Yr 2.2%* -0.6% 8.3% 37.77%

* Annualized

Total Return Ranking - Calendar

Period LTNSX Return Category Return Low Category Return High Rank in Category (%)
2021 1.0% -91.1% 101.7% 13.91%
2020 1.9% -79.2% 310.0% 40.96%
2019 5.9% -66.1% 15.4% 5.60%
2018 -2.5% -57.4% 97.2% 68.05%
2017 3.6% -48.8% 7.0% 6.49%

NAV & Total Return History


LTNSX - Holdings

Concentration Analysis

LTNSX Category Low Category High LTNSX % Rank
Net Assets 3.79 B 1.23 M 73.9 B 9.24%
Number of Holdings 861 1 14000 10.19%
Net Assets in Top 10 242 M -317 M 8.64 B 11.39%
Weighting of Top 10 6.44% 2.4% 100.0% 95.62%

Top 10 Holdings

  1. SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% 0.94%
  2. FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 4% 0.69%
  3. TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5% 0.69%
  4. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 0.67%
  5. MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% 0.66%
  6. DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25% 0.64%
  7. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0% 0.64%
  8. KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% 0.63%
  9. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.62%
  10. MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 4% 0.61%

Asset Allocation

Weighting Return Low Return High LTNSX % Rank
Bonds
99.98% 0.00% 150.86% 24.58%
Cash
0.02% -50.86% 100.00% 61.43%
Stocks
0.00% -0.03% 4.63% 23.20%
Preferred Stocks
0.00% -1.79% 0.04% 20.11%
Other
0.00% -13.03% 30.01% 21.40%
Convertible Bonds
0.00% 0.00% 0.93% 20.33%

Bond Sector Breakdown

Weighting Return Low Return High LTNSX % Rank
Municipal
99.98% 0.00% 100.00% 30.52%
Cash & Equivalents
0.02% 0.00% 100.00% 66.06%
Derivative
0.00% 0.00% 21.68% 20.20%
Securitized
0.00% 0.00% 5.93% 21.53%
Corporate
0.00% 0.00% 9.99% 34.12%
Government
0.00% 0.00% 52.02% 25.49%

Bond Geographic Breakdown

Weighting Return Low Return High LTNSX % Rank
US
97.96% 0.00% 142.23% 45.02%
Non US
2.02% 0.00% 62.14% 32.92%

LTNSX - Expenses

Operational Fees

LTNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.02% 3.60% 15.18%
Management Fee 0.39% 0.00% 1.10% 35.70%
12b-1 Fee 0.86% 0.00% 1.00% 77.26%
Administrative Fee 0.04% 0.01% 0.44% 4.27%

Sales Fees

LTNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load 1.00% 0.25% 5.50% 31.71%

Trading Fees

LTNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LTNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 0.00% 283.00% 52.90%

LTNSX - Distributions

Dividend Yield Analysis

LTNSX Category Low Category High LTNSX % Rank
Dividend Yield 5.28% 0.00% 35.27% 34.53%

Dividend Distribution Analysis

LTNSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

LTNSX Category Low Category High LTNSX % Rank
Net Income Ratio 1.94% -0.53% 24.00% 50.72%

Capital Gain Distribution Analysis

LTNSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

LTNSX - Fund Manager Analysis

Managers

Daniel Solender


Start Date

Tenure

Tenure Rank

Sep 14, 2006

15.72

15.7%

Mr. Solender is the lead portfolio manager of the municipal bond capabilities. Mr. Solender joined Lord Abbett in 2006 and was named Partner in 2008. His prior experience includes: Vice President and Portfolio Manager at Nuveen Investments; Principal and Portfolio Manager at Vanguard Group; Assistant Vice President and Portfolio Manager at Nuveen Advisory Corp.; Financial Analyst/Assistant Manager, Research and Product Development at Citibank. Mr. Solender received a BA from the University of Columbia and an MBA from the University of Chicago. He is the holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.

Gregory Shuman


Start Date

Tenure

Tenure Rank

Dec 31, 2014

7.42

7.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.22 1.58