Lord Abbett New York Tax Free Fund (LANYX) 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 LANYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LANYX
LANYX charges 0.78% annually. There are 375 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 | LANYX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | LANYX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | LANYX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | LANYX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | LANYX vs FMBIX |
Best Risk-Adjusted Alternatives to LANYX
LANYX has a PortfoliosLab risk / return rank of 63. There are 369 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 | LANYX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | LANYX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | LANYX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | LANYX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | LANYX vs ATOIX |
Top Performing LANYX Alternatives (YTD)
LANYX is at 2.23% YTD. There are 39 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 | LANYX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | LANYX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | LANYX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | LANYX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | LANYX vs MIY |
Lowest Volatility Alternatives to LANYX
LANYX has 3.20% 1-year volatility. There are 380 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 | LANYX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LANYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LANYX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | LANYX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | LANYX vs DFSMX |
Lowest Drawdown Alternatives to LANYX
LANYX has a 1-year max drawdown of -2.73%. There are 215 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 | LANYX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | LANYX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | LANYX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | LANYX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | LANYX vs APUSX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LSYAX 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 | LANYX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 67 | 0.96% | — | Nov 1993 | LANYX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 80 | 2.47% | — | May 2020 | LANYX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 54 | 9.14% | — | Jan 1950 | LANYX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 82 | 2.55% | — | Apr 2020 | LANYX vs LSYIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 49 | 1.63% | — | Mar 1971 | LANYX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 67 | 1.86% | — | Dec 1998 | LANYX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 98 | 1.44% | — | Oct 2016 | LANYX vs LUBYX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 17 | 10.47% | — | Jun 2011 | LANYX vs LGLIX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 51 | 11.40% | — | Jun 1983 | LANYX vs LAVLX |
Often Compared With LANYX
Investors most often compare LANYX with MUJ, LAGWX, FGNSX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 44 | 4.64% | — | Mar 1998 | LANYX vs MUJ | |
| Lord Abbett Developing Growth Fund | Small Cap Growth Equities | 68 | 31.17% | — | Oct 1973 | LANYX vs LAGWX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 96 | 0.67% | — | Dec 2017 | LANYX vs FGNSX | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | LANYX vs NQP | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | LANYX vs FXIEX |
Compare LANYX with Any Fund or Stock
Compare LANYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LANYX with funds that move differently
Lord Abbett New York Tax Free Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LANYX.
Explore LANYX Diversifiers