Lord Abbett California Tax Free Fund (LCFIX) 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 LCFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LCFIX
LCFIX charges 0.77% annually. There are 365 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 | LCFIX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | LCFIX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | LCFIX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | LCFIX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | — | Dec 2017 | LCFIX vs FGNSX |
Best Risk-Adjusted Alternatives to LCFIX
LCFIX has a PortfoliosLab risk / return rank of 53. There are 401 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 | LCFIX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | LCFIX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | LCFIX vs DFCMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | LCFIX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | LCFIX vs DFSMX |
Top Performing LCFIX Alternatives (YTD)
LCFIX is at 1.61% YTD. There are 149 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.27% | — | Apr 1998 | LCFIX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 8.40% | — | Nov 2002 | LCFIX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | LCFIX vs NPV | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | LCFIX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | LCFIX vs MIY |
Lowest Volatility Alternatives to LCFIX
LCFIX has 3.31% 1-year volatility. There are 407 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 | LCFIX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LCFIX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LCFIX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | LCFIX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | LCFIX vs DFSMX |
Lowest Drawdown Alternatives to LCFIX
LCFIX has a 1-year max drawdown of -3.24%. There are 409 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 | LCFIX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | LCFIX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | LCFIX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | LCFIX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | LCFIX vs FHMIX |
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 | 77 | 1.04% | — | Oct 2004 | LCFIX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 69 | 0.96% | — | Nov 1993 | LCFIX vs LALDX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 56 | 8.99% | — | Jan 1950 | LCFIX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 82 | 2.37% | — | May 2020 | LCFIX vs LSYAX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 85 | 2.55% | — | Apr 2020 | LCFIX vs LSYIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 51 | 1.63% | — | Mar 1971 | LCFIX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 69 | 1.86% | — | Dec 1998 | LCFIX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 98 | 1.44% | — | Oct 2016 | LCFIX vs LUBYX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 18 | 10.33% | — | Jun 2011 | LCFIX vs LGLIX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 44 | 9.45% | — | Jun 1983 | LCFIX vs LAVLX |
Often Compared With LCFIX
Investors most often compare LCFIX with MUJ, FMBIX, LAGWX. 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 | 46 | 5.16% | — | Mar 1998 | LCFIX vs MUJ | |
| Fidelity Municipal Bond Index Fund | Municipal Bonds | — | — | 0.00 | Jul 2019 | LCFIX vs FMBIX | |
| Lord Abbett Developing Growth Fund | Small Cap Growth Equities | 68 | 29.96% | — | Oct 1973 | LCFIX vs LAGWX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 47 | 1.61% | — | Jun 2012 | LCFIX vs FXIEX | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | LCFIX vs NQP |
Compare LCFIX with Any Fund or Stock
Compare LCFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LCFIX with funds that move differently
Lord Abbett California Tax Free Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LCFIX.
Explore LCFIX Diversifiers