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   +0.13%
   
4 week   +0.56%
   
3 month   +1.51%
   
YTD   +4.96%
   
1 year   +0.01%
   
3 years*   +2.93%
   
5 years*   +2.86%
   
*annualized
Best 3 month return+7.17%  
Worst 3 month return-5.09%  

Morningstar statistics

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

Key statistics

Total assets4.35B 
Front load2.25%  
Deferred load-  
Expense ratio0.70%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash0.00%  
Stocks0.00%  
Bonds100.00%  
Other0.00%  

Purchase information

Initial$1,000  
IRA Initial$1,000  
AIP Initial$250  
AIP Additional$50  
10.890.00(0.00%)
Aug 21, 8:00PM 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. In pursuing its investment objective, the fund uses the volatility of the Barclays 1-15 Year 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.
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 »
Lord Abbett, 90 Hudson Street, Jersey City NJ 7302, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.71 -0.44 -0.34 0.18
Beta* 0.97 0.96 0.97 0.94
Mean annual return -0.03 0.25 0.23 0.38
R-squared* 95.85 95.66 96.44 93.88
Standard deviation 4.79 3.25 3.55 4.40
Sharpe ratio -0.21 0.83 0.70 0.92
* Against standard index

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