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Lord Abbett NJ Tax-Free Income A (LANJX)

On Feb 9: 4.70 USD  Down 0.01 (0.21%)  
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LORD ABBETT TAX FREE INCOME FUN Delayed quote dataEdit
Net Asset Value: 4.70
Trade Time: Feb 9
Change: Down 0.01 (0.21%)
Prev Close: 4.70
YTD Return*: 0.59%
Net Assets*: 123.72M
Yield*: 4.37%
* As of 31-Jan-10
Lord Abbett NJ Tax-Free Income A (LANJX)
3m  6m  1y  2y  5y  max 
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31-Jan-10
FUND BASICS
Morningstar Overall Rating: 2 stars
Total Assets: 123.72M
Category: Muni New Jersey
Total Expense Ratio: 0.81%
Fund Profile - Holdings


31-Jan-10
PERFORMANCE & RISK
YTD Return: 0.59%
5y Avg Return: 2.05%
Rank in Category (ytd): 31
% Rank in Category (ytd): 43.66%
Beta (3y): 1.25
Morningstar Risk Rating: Above average
Performance Details - Risk Details

FUND SUMMARY
The investment seeks current income exempt from federal and New Jersey income taxes. The fund normally invests at least 80% of net asset in municipal bonds, the interest on which is exempt from federal and New Jersey'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 New Jersey's personal income tax. It may maintain the average weighted maturity between 10 and 25 years. It is nondiversified.
Fund Profile


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