The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Lord Abbett California Tax Free I CAILX
- NAV / 1-Day Return 10.31 / 0.00
- Total Assets 663.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.560%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.42%
- Effective Duration 7.91 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0
Morningstar’s Analysis CAILX
Will CAILX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 1.59 | 10.0 Mil | municipal |
ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | 1.54 | 9.7 Mil | municipal |
CALIFORNIA ST UNIV REV 5.25% | 1.45 | 9.1 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 1.44 | 9.1 Mil | municipal |
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.25% | 1.42 | 9.0 Mil | municipal |
LOS ANGELES CALIF DEPT ARPTS REV 5.5% | 1.21 | 7.6 Mil | municipal |
CALIFORNIA HSG FIN AGY MUN CTFS 3.25% | 1.20 | 7.6 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.17 | 7.4 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 1.15 | 7.2 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.11 | 7.0 Mil | municipal |