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LTNIX Lord Abbett National Tax Free I Forecast, Technical & Fundamental Analysis

The investment seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. In pursuing its investment objective, the fund uses the volatility of the Bloomberg Municipal Bond Index as an approximation of reasonable risk. It invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that pay interest exempt from federal income tax.
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A.I. Advisor
published General Information

General Information

Category MuniNationalLong

Profile
Details
Category
Muni National Long
Address
Lord Abbett Municipal Income Fund Inc90 Hudson Street 11th FloorJersey City
Phone
N/A
Web
www.lordabbett.com
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LTNIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, LTNIX has been closely correlated with MTSPX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if LTNIX jumps, then MTSPX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LTNIX
1D Price
Change %
LTNIX100%
-0.10%
MTSPX - LTNIX
98%
Closely correlated
-0.11%
MISHX - LTNIX
98%
Closely correlated
-0.18%
FKTIX - LTNIX
97%
Closely correlated
-0.09%
LANSX - LTNIX
96%
Closely correlated
-0.19%
VWLUX - LTNIX
44%
Loosely correlated
-0.09%
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Lord Abbett National Tax Free I (LTNIX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com