LNJFX | LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F

Basic Info 4.74 0.01(0.21%)
May 15

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F started on 10/03/2007

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F is classified as asset class Muni New Jersey

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F expense ratio is 0.82%

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F rating is

(69%)

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) Dividend Info

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) dividend growth in the last 12 months is 30.39%

The trailing 12-month yield of LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F is 3.06%. its dividend history:

Date	Dividend
04/30/2024	0.0124
03/28/2024	0.0122
02/29/2024	0.0124
01/31/2024	0.0122
12/29/2023	0.0119
11/30/2023	0.0122
10/31/2023	0.0121
09/29/2023	0.012
08/31/2023	0.012
07/31/2023	0.0117
06/30/2023	0.012
05/31/2023	0.0115
04/28/2023	0.0116
03/31/2023	0.0114
02/28/2023	0.0118
01/31/2023	0.0114
11/30/2022	0.0112
10/31/2022	0.011
09/30/2022	0.0109
08/31/2022	0.0106
06/30/2022	0.0106
05/31/2022	0.0104
04/29/2022	0.0108
03/31/2022	0.01
02/28/2022	0.0106
01/31/2022	0.01
12/31/2021	0.0098
11/30/2021	0.0101
10/29/2021	0.0099
09/30/2021	0.0101
08/31/2021	0.01
07/30/2021	0.0094
06/30/2021	0.0095
05/28/2021	0.0101
04/30/2021	0.0104
03/31/2021	0.0103
02/26/2021	0.0108
01/29/2021	0.0103
12/31/2020	0.0105
11/30/2020	0.0107
10/30/2020	0.0107
09/30/2020	0.0107
08/31/2020	0.0108
07/31/2020	0.0109
06/30/2020	0.0111
05/29/2020	0.0111
04/30/2020	0.011
03/31/2020	0.011
02/28/2020	0.011
01/31/2020	0.011
12/31/2019	0.0113
11/29/2019	0.0114
10/31/2019	0.0114
09/30/2019	0.0115
08/30/2019	0.0114
07/31/2019	0.0115
06/28/2019	0.0117
05/31/2019	0.0116
04/30/2019	0.0118
03/29/2019	0.0116
02/28/2019	0.0129
01/31/2019	0.0117
12/31/2018	0.0116
11/30/2018	0.0118
10/31/2018	0.0116
09/28/2018	0.0117
08/31/2018	0.0116
07/31/2018	0.0116
06/29/2018	0.012
05/31/2018	0.011
04/30/2018	0.012
03/29/2018	0.012
02/28/2018	0.012
01/31/2018	0.012
12/29/2017	0.012
11/30/2017	0.012
10/31/2017	0.012
09/29/2017	0.011
08/31/2017	0.01
07/31/2017	0.012
06/30/2017	0.012
05/31/2017	0.012
04/28/2017	0.013
03/31/2017	0.013
02/28/2017	0.013
01/31/2017	0.013
12/30/2016	0.013
11/30/2016	0.013
10/31/2016	0.013
09/30/2016	0.013
08/31/2016	0.013
07/29/2016	0.013
06/30/2016	0.014
05/31/2016	0.013
04/29/2016	0.014
03/31/2016	0.014
02/29/2016	0.014
01/29/2016	0.014
12/31/2015	0.014
11/30/2015	0.014
10/30/2015	0.014
09/30/2015	0.014
08/31/2015	0.014
07/31/2015	0.015
06/30/2015	0.014
05/29/2015	0.014
04/30/2015	0.014
03/31/2015	0.014
02/27/2015	0.015
01/30/2015	0.014
12/31/2014	0.014
11/28/2014	0.013
10/31/2014	0.014
09/30/2014	0.015
08/29/2014	0.015
07/31/2014	0.015
06/30/2014	0.015
05/30/2014	0.015
04/30/2014	0.015
03/31/2014	0.015
02/28/2014	0.015
01/31/2014	0.015
12/31/2013	0.015
11/29/2013	0.015
10/31/2013	0.015
09/30/2013	0.015
08/30/2013	0.015
07/31/2013	0.015
06/28/2013	0.015
05/31/2013	0.014
04/30/2013	0.015
03/28/2013	0.014
02/28/2013	0.015
01/31/2013	0.015
12/31/2012	0.015
11/30/2012	0.015
10/31/2012	0.015
09/28/2012	0.015
08/31/2012	0.015
07/31/2012	0.016
06/29/2012	0.016
05/31/2012	0.016
04/30/2012	0.017
03/30/2012	0.017
02/29/2012	0.017
01/31/2012	0.017
12/30/2011	0.017
11/30/2011	0.017
10/31/2011	0.017
09/30/2011	0.018
08/31/2011	0.018
07/29/2011	0.018
06/30/2011	0.018
05/31/2011	0.017
04/29/2011	0.018
03/31/2011	0.018
02/28/2011	0.018
01/31/2011	0.019
12/31/2010	0.018
11/30/2010	0.018
10/29/2010	0.018
09/30/2010	0.018
08/31/2010	0.018
07/30/2010	0.018
06/30/2010	0.018
05/28/2010	0.018
04/30/2010	0.026
03/31/2010	0.018
02/26/2010	0.019
01/29/2010	0.018
12/31/2009	0.018
11/30/2009	0.018
10/30/2009	0.018
09/30/2009	0.017
08/31/2009	0.018
07/31/2009	0.018
06/30/2009	0.016
05/29/2009	0.017
04/30/2009	0.017
03/31/2009	0.019
02/27/2009	0.017
01/30/2009	0.02
12/31/2008	0.018
11/28/2008	0.018
10/31/2008	0.018
09/30/2008	0.019
08/29/2008	0.018
07/31/2008	0.017
06/30/2008	0.019
05/30/2008	0.019
04/30/2008	0.017
03/31/2008	0.02
02/04/2008	0.018
01/03/2008	0.018
12/04/2007	0.018
11/05/2007	0.018

Dividend Growth History for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX)

Year	Payout Amount	Year Start Yield	Annual Payout Growth (YoY)	CAGR to 2023
2023	$0.1416	3.08%	33.46%	-
2022	$0.1061	1.98%	-12.10%	33.46%
2021	$0.1207	2.27%	-7.51%	8.31%
2020	$0.1305	2.50%	-6.65%	2.76%
2019	$0.1398	2.84%	-0.78%	0.32%
2018	$0.1409	2.83%	-2.83%	0.10%
2017	$0.145	3.00%	-9.94%	-0.39%
2016	$0.161	3.25%	-5.29%	-1.82%
2015	$0.17	3.40%	-3.41%	-2.26%
2014	$0.176	3.82%	-1.12%	-2.39%
2013	$0.178	3.50%	-6.81%	-2.26%
2012	$0.191	4.00%	-10.33%	-2.68%
2011	$0.213	4.71%	-5.33%	-3.35%
2010	$0.225	4.81%	5.63%	-3.50%
2009	$0.213	5.31%	-2.74%	-2.87%
2008	$0.219	4.43%	508.33%	-2.87%
2007	$0.036	0.72%	-	8.94%

Dividend Growth Chart for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX)

LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) Historical Returns And Risk Info

From 10/01/2007 to 05/15/2024, the compound annualized total return (dividend reinvested) of LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 3.339%. Its cumulative total return (dividend reinvested) is 72.442%.

From 10/01/2007 to 05/15/2024, the Maximum Drawdown of LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 21.0%.

From 10/01/2007 to 05/15/2024, the Sharpe Ratio of LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 0.54.

From 10/01/2007 to 05/15/2024, the Annualized Standard Deviation of LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 4.7%.

From 10/01/2007 to 05/15/2024, the Beta of LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 1.06.

	Last 1 Week*	YTD*(2024)	1 Yr	3 Yr	5 Yr	10 Yr	15 Yr	Inception**	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Annualized Return(%)	0.4	-0.2	3.4	-0.4	1.7	2.9	4.0	3.3	8.1	-10.8	4.2	4.7	8.4	1.9	6.2	1.0	2.5	12.2	-5.8	10.9	10.6	1.3	22.4	-14.9	-1.1
Sharpe Ratio	NA	-1.26	-0.1	-0.57	0.02	0.42	NA	0.54	0.78	-1.97	1.89	0.47	3.27	0.24	2.08	0.26	0.97	4.5	-1.35	3.56	2.71	0.28	5.04	-1.73	-2.08
Draw Down(%)	NA	2.0	6.7	16.7	16.7	16.7	NA	21.0	6.8	16.7	2.4	14.1	1.5	2.0	1.6	6.0	3.5	1.7	10.6	2.3	4.4	7.5	3.0	21.0	1.8
Standard Deviation(%)	NA	3.4	4.6	4.8	5.8	4.5	NA	4.7	5.0	6.2	2.2	9.5	2.1	2.3	2.7	2.9	2.5	2.7	4.4	3.1	3.9	4.2	4.4	9.1	3.2
Treynor Ratio	NA	-0.05	0.0	-0.03	0.0	0.02	NA	0.02	0.04	-0.11	0.04	0.04	0.09	0.01	0.07	0.01	0.03	0.13	-0.05	0.1	0.09	0.01	0.22	-0.12	-0.12
Alpha	NA	0.0	0.0	0.0	0.0	0.0	NA	0.0	0.0	0.0	0.0	-0.01	0.0	0.0	0.0	0.0	0.0	0.01	-0.01	0.01	-0.01	0.0	0.04	-0.05	-0.03
Beta	NA	0.93	0.93	1.04	1.05	1.0	NA	1.06	0.97	1.11	0.97	1.07	0.79	0.84	0.79	0.78	0.8	0.96	1.09	1.06	1.2	1.18	1.0	1.34	0.56
RSquare	NA	0.82	0.89	0.88	0.92	0.87	NA	0.8	0.89	0.91	0.62	0.97	0.65	0.66	0.63	0.74	0.61	0.63	0.84	0.66	0.64	0.67	0.63	0.8	0.31
Yield(%)	N/A	0.8	N/A	N/A	N/A	N/A	N/A	N/A	2.6	1.9	2.3	2.3	2.4	2.4	2.5	2.4	2.8	4.6	4.3	5.0	5.3	5.3	6.0	4.9	0.8
Dividend Growth(%)	N/A	-66.7	N/A	N/A	N/A	N/A	N/A	N/A	20.0	-16.7	0.0	0.0	0.0	0.0	0.0	-14.3	-33.3	-4.5	-8.3	0.0	-4.0	4.2	0.0	500.0	N/A

Return Calculator for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX)

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LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) Historical Return Chart

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LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 10/01/2007 to 05/15/2024, the worst annualized return of 3-year rolling returns for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is -2.33%.

From 10/01/2007 to 05/15/2024, the worst annualized return of 5-year rolling returns for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 0.72%.

From 10/01/2007 to 05/15/2024, the worst annualized return of 10-year rolling returns for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is 1.92%.

From 10/01/2007 to 05/15/2024, the worst annualized return of 20-year rolling returns for LORD ABBETT NEW JERSEY TAX-FREE INCOME FUND CLASS F (LNJFX) is NA.

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