LCFIX : Lord Abbett California Tax Free Fund Class A

LCFIX is a Bond Market Municipal Bond with HIGH fees.

LCFIX

Lord Abbett California Tax Free Fund Class A

FI Score

43 /100

Expense Ratio Rating

5 /10

Expense Rating

2 /10

Market Score

4 /10

Category Score

8 /10

Market Size

4 /10

43% FI Score
  • lcfix
  • Mutual Fund
  • Bond
  • Municipal Bond

Lord Abbett California 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. To pursue its investment objective, 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 income tax and California personal income tax. The fund is non-diversified.

Largest Holdings

Amount Holding
1.45% CALIFORNIA HSG FIN AGY MUN CTFS 4.25%
1.33% CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5%
1.28% CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV 2.4%
1.18% SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5%
1.10% CALIFORNIA HEALTH FACS FING AUTH REV 4%
1.06% CALIFORNIA MUN FIN AUTH REV 4%
1.05% CALIFORNIA MUN FIN AUTH REV 5%
1.04% SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5%
1.03% CALIFORNIA EDL FACS AUTH REV 5%
0.96% CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%
0.96% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.91% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%
0.91% CALIFORNIA ST 5.25%
0.88% SANTA BARBARA CNTY CALIF SOLID WASTE SYS REV CTFS PARTN 5%
0.81% SAN JOSE CALIF ARPT REV 5%
0.81% PALOMAR HEALTH CALIF REV 5%
0.79% SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 4%
0.76% PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33%
0.76% M-S-R ENERGY AUTH CALIF GAS REV 7%
0.75% FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 3.5%
0.71% M-S-R ENERGY AUTH CALIF GAS REV 6.5%
0.70% CALIFORNIA MUN FIN AUTH REV 5%
0.69% CALIFORNIA ST 5.25%
0.68% NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4%
0.66% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 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