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Lord Abbett California Tax Free Fund Class A (LCFIX)

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10.04 +0.03    +0.30%
17/01 - Closed. Currency in USD
Type:  Fund
Market:  United States
Issuer:  Lord Abbett
Asset Class:  Equity
  • Morningstar Rating:
  • Total Assets: 421.11M
Lord Abbett CA Tax-Free Income A 10.04 +0.03 +0.30%

Lord Abbett California Tax Free Fund Class A Overview

 
On this page you'll find an in-depth profile of Lord Abbett California Tax Free Fund Class A. Learn about the key management, total assets, investment strategy and contact information of LCFIX among other information.
Category

Muni California Long

Total Assets

421.11M

Expenses

0.77%

Inception Date

31293

Investment Strategy

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 Bloomberg 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 and California personal income tax.

Contact Information

Address 90 Hudson Street
Jersey City,NJ 7302
United States
Phone +1 201 8272000

Top Executives

Name Title Since Until
Carson Houle - 2022 Now
Biography Mr. Houle joined Lord Abbett in 2015.
Gregory M. Shuman Portfolio Manager 2014 Now
Daniel S. Solender Director 2006 Now
Biography 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 the University of Columbia 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.
Paul A. Langlois Senior Vice President 2012 2014
Biography Mr. Langlois is a portfolio manager of the municipal bond capabilities. Mr. Langlois joined Lord Abbett in 2009 as a Research Analyst, was promoted to Portfolio Manager on the taxable fixed income team, and transitioned to the municipal team in 2012. His prior experience includes: Senior Vice President and High Yield Analyst at J&W Seligman & Co.; Senior High Yield Analyst at Triton Partners; Senior High Yield Analyst at Delaware Management Company; and Investment Research Analyst at Penn Mutual Life Insurance Company. Mr. Langlois received a BS from The Pennsylvania State University, and an MBA from Temple University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1992.
Daphne Car - 2010 2012
Biography Ms. Car is a portfolio manager for the municipal bond capabilities. She joined Lord Abbett in 2004 as a portfolio assistant and trader and her prior experience includes Trading Assistant in the Treasury Department of California National Bank. Ms. Car received a BS from the University of Southern California and has been in the investment business since 2005.
Peter Scott Smith Portfolio Manager 2001 2010
Biography Smith is a portfolio manager and trader with Lord Abbett & Company, his employer since 1992. He has been in the investment business since 1989.
Walter U. Menendez Assistant Portfolio Manager, senior Trader 2006 2007
Biography .
Philip Fang Portfolio Manager 1991 2007
Biography Philip Fang is Portfolio Manager of Invesco Capital Management LLC, has been responsible for certain Funds in the Trust since July 2010 and has been associated with Invesco Capital Management since 2007.
Timothy T. Browse Co-Portfolio Manager 2001 2003
Biography Timothy T. Browse, CFA, is Director of BlackRock, Inc. since 2008 and Vice President of BlackRock, Inc. from 2006 to 2007. Prior that,Mr. Browse is the Fund's portfolio manager and has been primarily responsible for the day-to-day management of the Fund's portfolio since 2004. Mr. Browse is a Vice President (Tax-Exempt Fixed Income) and portfolio manager with the Tax-Exempt Fixed Income group of Merrill Lynch Investment Managers, L.P. He was a Vice President, portfolio manager and team leader of the Municipal Investments Team with Lord Abbett & Co. from 2000 to 2003. Mr. Browse was a Vice President and portfolio manager in the municipal fund management group of Eaton Vance Management, Inc. from 1992 to 2000.
Zane E. Brown - 1995 2001
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