Lord Abbett Natl Tax-Free Income A (LANSX)
* As of 30-Nov-13
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for LANSX at this time.
|Symbol||% Assets||YTD Return %|
|New York N Y Go Bds 5%||1.73||N/A|
|Arizona Sports & Tourism Auth 5%||1.10||N/A|
|Port Auth 5%||1.05||N/A|
|California St Var Purp 5.25%||1.00||N/A|
|San Francisco Calif City & Cnt Airpor 5%||0.93||N/A|
|Morningstar Overall Rating:|
|Category:||Muni National Long|
|Annual Report Expense Ratio (net):||0.74%|
Performance & Risk
|5y Avg Return:||8.37%|
|Rank in Category (ytd):||88|
|% Rank in Category (ytd):||37.29%|
|Morningstar Risk Rating:||5|
The investment seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk.
For purposes of its investment objective, the fund uses the volatility of the Barclays Municipal Bond Index as an approximation of reasonable risk. To pursue its objective, under normal market conditions, it invests at least 80% of its net assets in municipal bonds that pay interest exempt from federal income tax. Under normal market conditions, the fund invests primarily in investment grade municipal bonds. Investment grade municipal bonds are rated BBB/Baa or higher. View More