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Lord Abbett NY Tax-Free Income F (LNYFX)

On Nov 24: 10.47 USD   0.00 (0.00%)  
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LORD ABBETT NEW YORK TAX-FREE I Delayed quote dataEdit
Net Asset Value: 10.47
Trade Time: Nov 24
Change: 0.00 (0.00%)
Prev Close: 10.47
YTD Return*: 20.95%
Net Assets*: 2.97M
Yield*: 4.61%
* As of 31-Oct-09
Lord Abbett NY Tax-Free Income F (LNYFX)
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31-Oct-09
FUND BASICS
Morningstar Overall Rating: 3 stars
Total Assets: 2.97M
Category: Muni New York Long
Total Expense Ratio: 0.69%
Fund Profile - Holdings


31-Oct-09
PERFORMANCE & RISK
YTD Return: 20.95%
5y Avg Return: 2.70%
Rank in Category (ytd): 15
% Rank in Category (ytd): 12.93%
Beta (3y): 1.35
Morningstar Risk Rating:
Performance Details - Risk Details

FUND SUMMARY
The investment seeks interest income exempt from federal income tax and personal income tax of New York State and New York City. The fund invests at least 80% of net asset in municipal bonds with the interest exempt from federal, New York State and New York City?s income tax. It may invest up to 20% of net assets in municipal bonds rated below investment grade. It may invest up to 20% of net assets in other fixed income securities with interest subject to federal, New York State and New York City?s income tax. It may maintain the average weighted maturity between 10 and 25 years. It is nondiversified.
Fund Profile


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