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) »
Daniel Vande Velde (Started: Dec 31, 2007)
Daniel Solender (Started: Dec 31, 2006)
# Contact ?>
Lord Abbett, 90 Hudson Street, Jersey City NJ 7302, USA