LISDX Fees and Costs — Lord Abbett Short Duration Tax Free Fund, Class I
Data updated: 2026-08-28
The net expense ratio is 0.45%: a 0.34% management fee plus 0.13% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 64%.
LISDX Fees and Expenses
Annual operating expenses and sales charges of LISDX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.47% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.45% |
| 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 |
LISDX Costs Over Time
On $10,000 invested in LISDX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
LISDX 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): $3.1B
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
LISDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $1.1B | 36.99% |
| J.P. Morgan Securities LLC | $402.8M | 13.96% |
| Wells Fargo Securities, LLC | $402.1M | 13.94% |
| BofA Securities, Inc. | $274.1M | 9.50% |
| Jefferies LLC | $256.0M | 8.87% |
| BNY Capital Markets, LLC | $141.3M | 4.90% |
| Goldman Sachs & Co. LLC | $92.3M | 3.20% |
| RBC Capital Markets, LLC | $85.5M | 2.96% |
| Morgan Stanley & Co. LLC | $83.4M | 2.89% |
| State Street Bank and Trust Company | $80.2M | 2.78% |
Lord Abbett Short Duration 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 |
|---|---|---|---|
| LSDOX | Class F3 | 0.41% | none |
| LISDX | Class I | 0.45% | none |
| LSDFX | Class F | 0.55% | none |
| LSDAX | Class A | 0.65% | 2.25% |
| LSDCX | Class C | 1.28% | 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.