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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: $10.89 on 10/22/2014, Change: 0.00 (0%)

 

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

Fund Manager Information

Fund Manager Tenure: 7.8 years
Fund Family: Lord Abbett
Fund Category: Muni National Interm
Fund Performance: Sep 29, 2014
Fundmojo Fund Grade: E (Score: 0.37)     (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 S. 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 Sep 29, 2014

  • Lord Abbett Intermediate Tax Free B Fund (LISBX) management has been with Lord Abbett Intermediate Tax Free B Fund for 7.8 years
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has good short-term performance (1-year return 6.33% vs 5.86% Muni National Interm category median performance)
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) ratio of up-years vs down years is greater than 2
  • Asset base in Lord Abbett Intermediate Tax Free B Fund (LISBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has an annual stock turnover rate of 30.59% vs Muni National Interm average of 32.28%. 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 Sep 29, 2014

  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a less-than-ideal mid-term performance (3-year return 3.48% vs 3.60% 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 3.71% vs 3.87% 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 3.78 that is higher than category average of 3.57
  • Lord Abbett Intermediate Tax Free B Fund (LISBX) has a higher expense ratio of 1.48% than its Muni National Interm average of 0.79%
  • 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 Sep 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 B6.576.333.483.71
American Funds Tax-Exempt Bond A (AFTEX)8.118.565.365.00Compare
Hartford Municipal Real Return A (HTNAX)5.535.704.164.01Compare
BMO Intermediate Tax-Free Y (MITFX)5.946.474.324.58Compare

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
iShares S&P National AMT-Free Muni Bd (MUB)7.75%8.10%3.94%
Market Vectors Intermediate Muni ETF (ITM)8.43%7.83%4.19%
Grail McDonnell Intermediate Muni Bd ETF (GMMB)5.18%6.41%3.28%
PIMCO Intermediate Muni Bond Strgy ETF (MUNI)4.62%4.40%2.88%

 

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
09/2014$3.20B
08/2014$3.18B
07/2014$3.11B
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
06/20141.29%0%98.07%0.64%
03/20141.53%0%97.81%0.66%
12/20130.05%0%99.23%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

Jun 29, 2014
Buckeye Ohio Tob Settlement Fi To 5.125% [0.86%]
California St Dept Wtr Res Pwr Pwr Su 5% [0.63%]
California St Go Bds 5% [0.6%]
New York St Dorm Auth 5% [0.57%]
Katy Tex Indpt Sch Dist [0.56%]
Florida St Dept Environmental Rev Ref 5% [0.54%]
New York N Y City Transitional Future 5% [0.54%]
Washington St Var Purp 5% [0.54%]

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%]
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

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