Lord Abbett CA Tax-Free Income A
90 Hudson Street 11th Floor Jersey City NJ 07302
Map
Phone: 888-522-2388
| Category: | Muni California Long | | Fund Family: | Lord Abbett | | Net Assets: | 156.52M | | Year-to-Date Return: | 18.39% | | Yield: | 4.69% | | Morningstar Rating: |  | | Fund Inception Date: | 03-Sep-85 |
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Peter Scott Smith
Lead Manager since
01-Feb-01 | | | Smith is a portfolio manager and trader with Lord Abbett & Company, his employer since 1992. He has been in the investment business since 1989. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks income exempt from federal and California income taxes. The fund normally invests at least 80% of net asset in municipal bonds, the interest on which is exempt from federal and California's personal income tax. It may invest up to 20% of net assets in municipal bonds rated below investment grade. It may also invest up to 20% of net assets in other fixed income securities with interest subject to federal and California's personal income tax. It may maintain the average weighted maturity between 10 and 25 years. It is nondiversified. |
| Last Dividend
(30-Nov-09):
| 0.04 | | Last Cap Gain
(8-Sep-93):
| 0.35 | | Annual Holdings Turnover
| 49.17% | | Average for Category:
| 31.92% |
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| Expense | LCFIX | Category
Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | 3.25%
| 4.29% | | Max Deferred Sales Load: | %
| 2.71% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $559 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $800 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,485 |
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0.02% Nasdaq 0.00%
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