Lord Abbett New Jersey Tax Free Fund (LANJX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LANJX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LANJX
LANJX charges 0.82% annually. There are 403 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | LANJX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | LANJX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | LANJX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | LANJX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | LANJX vs FMBIX |
Best Risk-Adjusted Alternatives to LANJX
LANJX has a PortfoliosLab risk / return rank of 65. There are 277 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | LANJX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | LANJX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | LANJX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | LANJX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | LANJX vs ATOIX |
Top Performing LANJX Alternatives (YTD)
LANJX is at 1.80% YTD. There are 107 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | LANJX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | LANJX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | LANJX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | LANJX vs AFB | |
| BlackRock MuniHoldings New Jersey Quality Fund | 5.16% | — | Mar 1998 | LANJX vs MUJ |
Lowest Volatility Alternatives to LANJX
LANJX has 3.25% 1-year volatility. There are 395 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | LANJX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | LANJX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LANJX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LANJX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | LANJX vs DFSMX |
Lowest Drawdown Alternatives to LANJX
LANJX has a 1-year max drawdown of -2.92%. There are 294 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | LANJX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | LANJX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | LANJX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | LANJX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | LANJX vs TFCYX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LAFFX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | Total Bond Market | 69 | 0.78% | — | Oct 2004 | LANJX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 67 | 0.96% | — | Nov 1993 | LANJX vs LALDX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 54 | 9.14% | — | Jan 1950 | LANJX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 80 | 2.47% | — | May 2020 | LANJX vs LSYAX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 82 | 2.55% | — | Apr 2020 | LANJX vs LSYIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 49 | 1.63% | — | Mar 1971 | LANJX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 67 | 1.86% | — | Dec 1998 | LANJX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 98 | 1.44% | — | Oct 2016 | LANJX vs LUBYX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 17 | 10.47% | — | Jun 2011 | LANJX vs LGLIX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 51 | 11.40% | — | Jun 1983 | LANJX vs LAVLX |
Often Compared With LANJX
Investors most often compare LANJX with LAGWX, FGNSX, NQP. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Developing Growth Fund | Small Cap Growth Equities | 68 | 31.17% | — | Oct 1973 | LANJX vs LAGWX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 96 | 0.67% | — | Dec 2017 | LANJX vs FGNSX | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | LANJX vs NQP | |
| BlackRock MuniYield Michigan Quality Fund | Municipal Bonds | 17 | 5.14% | — | Oct 1992 | LANJX vs MIY | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | LANJX vs FXIEX |
Compare LANJX with Any Fund or Stock
Compare LANJX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LANJX with funds that move differently
Lord Abbett New Jersey Tax Free Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LANJX.
Explore LANJX Diversifiers