NYLAX Mutual Fund

NYLAX Mutual Fund

NAV$9.82
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Fund Essentials - as of Jun 30, 2026

Net Assets
$39M
Expense Ratio
1.45%
Dividend Yield (Current)
2.80%
Holdings
287
Inception Date
Jul 15, 1996
Fund Family
Lord Abbett Family of Funds
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-0.56%
1 Year+4.66%
3 Year+2.10%
5 Year-1.26%
10 Year+0.67%

Asset Allocation

Bonds: 99.95%
Other: 0.04%
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Top Holdings

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TickerNameWeight
NY NYTTRN 5.5 12/31/New York Transportation Development Corp 5.5% 12/31/20602.57%
-New York Transportation Development Corp. (laguardia Airport Terminal B Redevelopment), Series 2016 A, Rb2.31%
NY NYTTRN 6 06/30/20New York St Transprtn Dev Corp Nyttrn 06/54 Fixed 61.75%
-New York N Y City Tran 5.25 01May551.68%
NY NYCDEV 5 11/15/20Nycdev 5.000 11/15/441.67%
Top 10 Concentration: 15.61%Report Date: Jun 30, 2026
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Dividend Summary

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Dividend Yield (Current)
2.80%
Frequency
Monthly
Latest Distribution
$0.01
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

NYLAX Mutual Fund Overview

NYLAX Mutual Fund (Lord Abbett New York Tax-Free Income Fund Class C) is managed by Lord Abbett Family of Funds with $39.1M in net assets. NYLAX expense ratio is 1.45%, holding 287 positions across sectors including Financials, Real Estate, Industrials. Inception date: 1996-07-15.

NYLAX performance shows a YTD return of -0.56%. The 1-year return is 4.66% and the 5-year return is -1.26%. NYLAX dividend yield stands at 2.80%, paid monthly.

NYLAX top holdings include New York Transportation Development Corp 5.5% 12/31/2060 (2.6%), New York Transportation Development Corp. (laguardia Airport Terminal B Redevelopment), Series 2016 A, Rb (2.3%), New York St Transprtn Dev Corp Nyttrn 06/54 Fixed 6 (1.8%), New York N Y City Tran 5.25 01May55 (1.7%), Nycdev 5.000 11/15/44 (1.7%). Go to all NYLAX holdings, NYLAX sectors, or NYLAX dividends.

NYLAX can be compared against other funds. Use NYLAX overlap to find shared positions, or NYLAX vs another fund for a side-by-side view. NYLAX alternatives are available via the screener, along with tax-loss harvesting opportunities.