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Lord Abbett NY Tax-Free Income A (LANYX)

On Nov 24: 10.46 USD   0.00 (0.00%)  
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 LORD ABBETT TAX FREE INCOME FUN Delayed quote dataEdit
Net Asset Value:10.46
Trade Time:Nov 24
Change: 0.00 (0.00%)
Prev Close:10.46
YTD Return*:20.71%
Net Assets*:224.86M
Yield*:4.47%
* As of 31-Oct-09
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 HEADLINES 
No headlines available for LANYX.

 FUND BASICS31-Oct-09
Morningstar Overall Rating:3 stars
Total Assets:224.86M
Category:Muni New York Long
Total Expense Ratio:0.79%
Fund Profile - Holdings


 PERFORMANCE & RISK31-Oct-09
YTD Return:20.71%
5y Avg Return:2.63%
Rank in Category (ytd):16
% Rank in Category (ytd):13.79%
Beta (3y):1.35
Morningstar Risk Rating:Above average
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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