Lord Abbett National Tx Fr Incm Fund Class C (LTNSX)

The Lord Abbett National Tax-Free Income Fund Class C (LTNSX) is a mutual fund that focuses on providing tax-free income to investors. This fund primarily invests in municipal bonds issued by state and local governments, which are exempt from federal income taxes. The fund aims to provide a steady stream of income while also offering potential tax benefits to investors. With a focus on national municipal bonds, this fund offers diversification across different regions and sectors. The Class C shares of this fund have a lower expense ratio compared to other share classes, making it a cost-effective option for investors seeking tax-free income.