Lord Abbett Intermediate Tax Free Fund Class A

 (MUTF:LISAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week   +0.06%
   
4 week   +1.22%
   
3 month   +2.41%
   
YTD   +4.18%
   
1 year
   
-0.23%  
3 years*   +5.30%
   
5 years*   +5.18%
   
*annualized
Best 3 month return+7.17%  
Worst 3 month return-5.02%  

Morningstar statistics

Morningstar category: Muni National Interm
  Return Risk Rating
3 years Average Average
5 years Average Above Average
10 years Average Above Average
Overall Average Above Average

Key statistics

Total assets3.00B 
Front load2.25%  
Deferred load-  
Expense ratio0.69%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash0.05%  
Stocks0.00%  
Bonds99.23%  
Other0.72%  

Purchase information

Initial$1,000  
IRA Initial$0  
AIP Initial$250  
AIP Additional$50  
10.670.00(0.00%)
Apr 24, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. The fund uses the volatility of the Barclays 1-15 Year Municipal Bond Index as an approximation of reasonable risk. Under normal conditions, it invests at least 80% of its net assets in municipal bonds that pay interest exempt from federal income tax. Under normal conditions, the fund invests primarily in investment grade municipal bonds. The fund's dollar-weighted average maturity generally is expected to be between three and ten years, but will vary with market conditions.
Fund filings (PDF) »
Asset managers:
Daniel Vande Velde (Started: Dec 31, 2007)
Daniel Solender (Started: Dec 31, 2006)
Advisor Company:
Lord, Abbett & Co LLC
Fund family reports on Morningstar »
90 Hudson Street, 11th Floor, Jersey City NJ 07302, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.86 -0.22 -0.02 -0.18
Beta* 0.99 0.95 0.95 0.94
Mean annual return -0.03 0.44 0.45 0.34
R-squared* 97.56 96.71 96.86 93.92
Standard deviation 5.15 3.87 4.20 4.32
Sharpe ratio -0.08 1.33 1.26 0.57
* Against standard index

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