LANYX : Lord Abbett New York Tax Free Fund Class A

LANYX is a Bond Market Municipal Bond with HIGH fees.

LANYX

Lord Abbett New York Tax Free Fund Class A

FI Score

42 /100

Expense Ratio Rating

5 /10

Expense Rating

2 /10

Market Score

4 /10

Category Score

8 /10

Market Size

4 /10

42% FI Score
  • lanyx
  • Mutual Fund
  • Bond
  • Municipal Bond

Lord Abbett New York Tax Free Fund Class A

Expenses: 0.79% (Better than 0% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. In pursuing its investment objective, the fund uses the volatility of the Bloomberg Barclays Municipal Bond Index as an approximation of reasonable risk. Under normal conditions, 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, New York State, and New York City personal income tax. The fund is non-diversified.

Largest Holdings

Amount Holding
2.74% NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
1.60% NEW YORK LIBERTY DEV CORP LIBERTY REV 5%
1.51% LIBERTY N Y DEV CORP REV 5.25%
1.09% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
1.08% ONEIDA CNTY N Y LOC DEV CORP REV 4%
0.99% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
0.88% PORT AUTH N Y & N J 4%
0.86% PORT AUTH N Y & N J 5%
0.83% METROPOLITAN TRANSN AUTH N Y REV 5.25%
0.82% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
0.81% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
0.81% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.81% PORT AUTH N Y & N J 4%
0.79% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
0.79% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
0.78% LIBERTY N Y DEV CORP REV 5.5%
0.77% NEW YORK N Y 5%
0.76% NEW YORK N Y CITY INDL DEV AGY REV 3.22%
0.76% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.75% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
0.75% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
0.74% NEW YORK TRANSN DEV CORP SPL FAC REV 4%
0.74% PORT AUTH N Y & N J 5%
0.73% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.11%
0.71% PORT AUTH N Y & N J 5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo