{"fund":{"name":"Short Duration Tax Free Fund","canonicalUrls":["https://www.lordabbett.com/en-us/individual-investor/index/investments-and-performance/mutual-funds/tax-free-income/short-duration-tax-free-fund.html.class-a","https://www.lordabbett.com/en-us/financial-advisor/index/investments-and-performance/mutual-funds/tax-free-income/short-duration-tax-free-fund.html.class-a"],"assetClass":"Tax Free Fixed Income","fundType":"Mutual Fund","ticker":"LSDAX","shareClass":"A"},"banner":{"dailyPriceWoSalesCharge":14.91,"dailyPriceAsOfDate":"10/23/2026","ytdReturnsWoSalesCharge":0.48,"ytdReturnsAsOfDate":"10/23/2026","fundGrossExpenseRatio":"0.67","fundNetExpenseRatio":"0.65","expenseRatioAsOfDate":"09/30/2026"},"overview":{"summary":"The investment objective of the Fund is to seek the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk.","approach":["Actively Managed Credit Focus - Seeks to deliver a high level of income exempt from federal taxation by investing primarily in short-term investment-grade municipal bonds","Top-Down, Bottom-Up Process - Combines macro regime views with issuer-level fundamental research","High Quality, Low Duration - The strategy seeks to generate tax-free income by combining high quality, short maturity bonds with money market securities, limiting credit risk and interest rate risk"],"fundFacts":{"totalNetAssets":"1719217667.93","totalNetAssetsAsOfDate":"09/30/2026","inceptionDate":"12/31/2008","minimumInitialInvestment":"1000","dividendFrequency":"Monthly","dividendFrequencyAsOfDate":"10/23/2026"},"characteristics":{"averageEffectiveDuration":"2.44 Years","averageEffectiveMaturity":"3.70 Years","numberOfIssues":"293","asOfDate":"09/30/2026"}},"investmentTeam":{"team":[{"name":"Daniel T. Vande Velde","profileURL":"https://www.lordabbett.com/content/dam/shared-assets/biography/vandevelde-daniel/vandevelde-daniel-biography.pdf","title":"Partner, Portfolio Manager","experience":"36 years","image":{"imageURL":"https://www.lordabbett.com/content/dam/shared-assets/biography/vandevelde-daniel/vandevelde-daniel-headshot.jpg","imgAltText":"Professional Image of Daniel T. Vande Velde"}},{"name":"Daniel S. Solender","profileURL":"https://www.lordabbett.com/content/dam/shared-assets/biography/solender-daniel/solender-daniel-biography.pdf","title":"Partner, Director of Tax Free Fixed Income","designation":"CFA","experience":"39 years","image":{"imageURL":"https://www.lordabbett.com/content/dam/shared-assets/biography/solender-daniel/solender-daniel-headshot.jpg","imgAltText":"Professional Image of Daniel S. Solender"}}]},"performance":{"asOfDate":"09/30/2026","returnsWithoutSalesCharge":{"ytd":-0.98,"oneYear":-0.41,"threeYear":2.66,"fiveYear":0.86,"tenYear":1.16,"sinceInception":1.62},"returnsWithSalesCharge":{"ytd":-3.21,"oneYear":-2.65,"threeYear":1.89,"fiveYear":0.41,"tenYear":0.93,"sinceInception":1.49}},"yields":{"averageYieldToWorst":4.41,"distributionYield":2.95,"standardizedYieldSubz":3.14,"standardizedYieldUnsubz":3.1,"averageYieldToWorstAsOfDate":"09/30/2026","distributionYieldAsOfDate":"10/23/2026","standardizedYieldAsOfDate":"09/30/2026"},"holdings":{"asOfDate":"09/30/2026","topHoldings":[{"name":"Texas Municipal Gas Acquisition & Supply Corp IV - British Petroleum","percentageOfAssets":3.12},{"name":"California Community Choice Financing Authority - American General","percentageOfAssets":2.09},{"name":"Central Plains Energy Project - Goldman Sachs","percentageOfAssets":1.51},{"name":"Main Street Natural Gas Inc - Citadel","percentageOfAssets":1.24},{"name":"New Jersey Health Care Facilities Financing Authority - Barnabas Health","percentageOfAssets":1.23},{"name":"California Health Facilities Financing Authority - Providence of St. Joseph Health","percentageOfAssets":1.2},{"name":"Texas Transportation Commission","percentageOfAssets":1.18},{"name":"Lower Colorado River Authority","percentageOfAssets":1.18},{"name":"Colorado Health Facilities Authority - CommonSpirit Health Obligated Group","percentageOfAssets":1.12},{"name":"Black Belt Energy Gas District - Pacific Life","percentageOfAssets":0.92}]},"feesAndExpenses":{"asOfDate":"09/30/2026","grossExpenseRatio":0.67,"netExpenseRatio":0.65},"characteristics":{"asOfDate":"09/30/2026","averageEffectiveDuration":"2.44 Years","averageEffectiveMaturity":"3.7 Years","totalNetAssets":"1719217667.93","numberOfIssues":"293"}}