Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update

Featured Advisor:
Travis D. Carter

Plano, TX
(972) 543-4800
More Details

Historical Analysis

Partners

Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | LISBX Insights | LISBX Score | LISBX Performance | LISBX News | LISBX Allocation | LISBX Holdings Change

Lord Abbett Intermediate Tax Free B (LISBX) Fund Ranking and Research

Ranking, Research and Recommendation of Lord Abbett Intermediate Tax Free B (LISBX) Fund

    Last Trade: $10.73 on 7/22/2014, Change: 0.00 (0%)

 

Graph of Lord Abbett Intermediate Tax Free B Fund (LISBX) ManagerFund Manager - Daniel Solender

Fund Manager Information

Fund Manager Tenure: 7.6 years
Similar Funds: LISAX  LISCX  LISFX  LISPX 
Fund Family: Lord Abbett
Fund Category: Muni National Interm
Fund Performance: Jun 29, 2014
Fundmojo Fund Grade: C (Score: 0.57)     (What does this score mean?)
Mr. Solender is the lead portfolio manager of the municipal bond capabilities. Mr. Solender joined Lord Abbett in 2006 and was named Partner in 2008. His prior experience includes: Vice President and Portfolio Manager at Nuveen Investments; Principal and Portfolio Manager at Vanguard Group; Assistant Vice President and Portfolio Manager at Nuveen Advisory Corp.; Financial Analyst/Assistant Manager, Research and Product Development at Citibank. Mr. Solender received a BA from Columbia University and an MBA from the University of Chicago. He is the holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.  Get more insights on Daniel Solender

 

Graph of Lord Abbett Intermediate Tax Free B Fund (LISBX) ProfileLord Abbett Intermediate Tax Free B Fund (LISBX) Profile

Fund Profile and Description

Lord Abbett Intermediate Tax Free B Fund seeks interest income exempt from federal income tax. Lord Abbett Intermediate Tax Free B Fund normally invests at least 80% of net asset in insured municipal bonds. It may invest up to 20% of net assets in municipal bonds rated below investment grade. It may also invest up to 20% of net assets in other fixed income securities with interest subject to federal income tax. It may maintain the average weighted maturity between 3 and 10 years.

 

Lord Abbett Intermediate Tax Free B (LISBX) Fund Strength What we like about Lord Abbett Intermediate Tax Free B (LISBX) Fund

Data for Lord Abbett Intermediate Tax Free B Fund (LISBX) as of Jun 29, 2014

  • Lord Abbett Intermediate Tax Free B Fund (LISBX) management has been with Lord Abbett Intermediate Tax Free B Fund for 7.6 years
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) ratio of up-years vs down years is greater than 2
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has an annual stock turnover rate of 30.59% vs Muni National Interm average of 31.54%. It is good that Lord Abbett Intermediate Tax Free B management does not trade extensively for its return.

Lord Abbett Intermediate Tax Free B Fund (LISBX) Weakness What we are cautious about Lord Abbett Intermediate Tax Free B (LISBX) Fund

Data for Lord Abbett Intermediate Tax Free B Fund (LISBX) as of Jun 29, 2014

  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a less-than-ideal short-term performance (1-year return 4.52% vs 4.99% Muni National Interm category median performance)
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a less-than-ideal mid-term performance (3-year return 3.96% vs 4.25% Muni National Interm category median performance)
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a less-than-ideal Long-term performance (5-year return 4.71% vs 4.86% Muni National Interm category median performance)
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a Morningstar rating of 3 and below
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) is less safe compared to its Muni National Interm peers
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.83 that is higher than category average of 3.61
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a higher expense ratio of 1.48% than its Muni National Interm average of 0.80%
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) carries a 5% load
See Lord Abbett Intermediate Tax Free B Fund (LISBX) performance details as of Jun 29, 2014

 

What do you think?

 

Compare Lord Abbett Intermediate Tax Free B Fund (LISBX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Lord Abbett Intermediate Tax Free B5.134.523.964.71
BMO Intermediate Tax-Free Y (MITFX)4.645.394.945.46Compare
RidgeWorth High Grade Municipal Bond I (SCFTX)6.627.556.856.83Compare
Thornburg Intermediate Municipal Inst (THMIX)4.435.325.095.71Compare

See top fund managers for Muni National Interm Category Funds

 

Compare Lord Abbett Intermediate Tax Free B Fund (LISBX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)6.79%8.27%5.24%
Grail McDonnell Intermediate Muni Bd ETF (GMMB)3.51%6.66%3.65%
iShares S&P National AMT-Free Muni Bd (MUB)6.02%6.61%4.71%
PIMCO Intermediate Muni Bond Strgy ETF (MUNI)3.76%4.79%3.47%

 

Graph of Lord Abbett Intermediate Tax Free B Fund (LISBX) Net Asset TrackingLord Abbett Intermediate Tax Free B (LISBX) Fund Net Asset

Track net asset change of Lord Abbett Intermediate Tax Free B fund (LISBX)

DateNet Asset
06/2014$3.11B
03/2014$3.00B
02/2014$3.03B
More historic net asset information on Lord Abbett Intermediate Tax Free B Fund (LISBX)

  

Graph of Lord Abbett Intermediate Tax Free B Fund (LISBX) Portfolio TrackingLord Abbett Intermediate Tax Free B (LISBX) Fund Portfolio Allocation

Track portfolio allocation change of Lord Abbett Intermediate Tax Free B fund (LISBX)

DateCashStockBondOther
03/20141.53%0%97.81%0.66%
12/20130.05%0%99.23%0.72%
09/20132.82%0%96.46%0.72%
Click here to see more historic asset allocation information on Lord Abbett Intermediate Tax Free B Fund (LISBX)

 

graph of Lord Abbett Intermediate Tax Free B Fund (LISBX) Top 10 Position TrackingTop 10 Holdings in Lord Abbett Intermediate Tax Free B (LISBX) Fund

Discover what Lord Abbett Intermediate Tax Free B Fund (LISBX) manager is buying

Mar 30, 2014
Buckeye Ohio Tob Settlement Fi To 5.125% [0.89%]
California St Various P 5% [0.82%]
California St Dept Wtr Res Pwr Pwr Su 5% [0.66%]
California St Go Bds 5% [0.61%]
Katy Tex Indpt Sch Dist [0.59%]
New York St Dorm Auth 5% [0.59%]
Florida St Dept Environmental Rev Ref 5% [0.56%]
New York N Y City Transitional Future 5% [0.56%]

Dec 30, 2013
Port Port Arthur Tex Nav Dist [0.88%]
Buckeye Ohio Tob Settlement Fi To 5.125% [0.87%]
California St Various P 5% [0.82%]
California St Dept Wtr Res Pwr Pwr Su 5% [0.66%]
California St Go Bds 5% [0.6%]
Katy Tex Indpt Sch Dist [0.59%]
New York St Dorm Auth 5% [0.58%]
Florida St Dept Environmental Rev Ref 5% [0.56%]

Sep 29, 2013
Buckeye Ohio Tob Settlement Fi To 5.125% [0.79%]
California St Various P 5% [0.72%]
California St Dept Wtr Res Pwr Pwr Su 5% [0.58%]
Fulton Cnty Ga Dev Auth 5% [0.58%]
California St Go Bds 5% [0.53%]
New York N Y Go Bds 5% [0.52%]
New York St Dorm Auth 5% [0.52%]
Katy Tex Indpt Sch Dist [0.51%]
Click here for Stock Holding Change Map in Lord Abbett Intermediate Tax Free B Fund (LISBX)

  

Latest News on Lord Abbett Intermediate Tax Free B (LISBX) Fund

See what is happening with Lord Abbett Intermediate Tax Free B Fund (LISBX)

 

Lord Abbett Intermediate Tax Free B Fund (LISBX) Related ResourcesSee more information on Lord Abbett Intermediate Tax Free B (LISBX) Fund

Popular pages on Lord Abbett Intermediate Tax Free B (LISBX) Fund