LAIIX Fees and Costs — Lord Abbett Intermediate Tax Free Fund, Class I
Data updated: 2026-08-28
The net expense ratio is 0.52%: a 0.38% management fee plus 0.14% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 49%.
LAIIX Fees and Expenses
Annual operating expenses and sales charges of LAIIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.52% |
| Fee waiver | — |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LAIIX Costs Over Time
On $10,000 invested in LAIIX, assuming 5% a year before costs, total costs come to $328 over 5 years, cutting the return by 0.55% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $328 |
| Value after costs | $10,445 | $11,397 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
LAIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $7.5B
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
LAIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $1.6B | 22.86% |
| Wells Fargo Securities, LLC | $1.2B | 17.08% |
| J.P. Morgan Securities LLC | $911.9M | 13.26% |
| BofA Securities, Inc. | $869.7M | 12.65% |
| Jefferies LLC | $617.7M | 8.98% |
| RBC Capital Markets, LLC | $416.4M | 6.05% |
| BNY Capital Markets, LLC | $403.9M | 5.87% |
| Goldman Sachs & Co. LLC | $400.2M | 5.82% |
| Morgan Stanley & Co. LLC | $382.9M | 5.57% |
| Raymond James & Associates, Inc. | $127.8M | 1.86% |
Lord Abbett Intermediate Tax Free Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LOISX | Class F3 | 0.47% | none |
| LAIIX | Class I | 0.52% | none |
| LISFX | Class F | 0.62% | none |
| LISAX | Class A | 0.72% | 2.25% |
| LISCX | Class C | 1.34% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.