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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 1-15 Year Municipal Bond Index as an approximation of reasonable risk. Under normal conditions, 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.
Name | Title | Since | Until |
---|---|---|---|
Christopher T. English | Portfolio Manager | 2022 | Now |
Daniel T. Vande Velde | Portfolio Manager | 2007 | Now |
Biography | Mr. Vande Velde is a portfolio manager of the municipal bond capabilities. Mr. Vande Velde joined Lord Abbett in 2007, and was named Partner in 2012. His prior experience includes Portfolio Manager at McDonnell Investment Management and Municipal Surveillance Analyst at Van Kampen Investments. Mr. Vande Velde received a BBA from Loyola University and an MBA from DePaul University. He has been in the investment business since 1990. | ||
Daniel S. Solender | Director | 2006 | Now |
Biography | Mr. Solender is the lead portfolio manager of the municipal bond capabilities. Mr. Solender joined Lord Abbett in 2006 and was named Partner in 2008. His prior experience includes: Vice President and Portfolio Manager at Nuveen Investments; Principal and Portfolio Manager at Vanguard Group; Assistant Vice President and Portfolio Manager at Nuveen Advisory Corp.; Financial Analyst/Assistant Manager, Research and Product Development at Citibank. Mr. Solender received a BA from the University of Columbia and an MBA from the University of Chicago. He is the holder of a Chartered Financial Analyst designation and has been in the investment business since 1987. | ||
Peter Scott Smith | Portfolio Manager | 2005 | 2010 |
Biography | Smith is a portfolio manager and trader with Lord Abbett & Company, his employer since 1992. He has been in the investment business since 1989. | ||
Walter U. Menendez | Assistant Portfolio Manager, senior Trader | 2006 | 2007 |
Biography | . | ||
Philip Fang | Portfolio Manager | 2005 | 2007 |
Biography | Philip Fang is Portfolio Manager of Invesco Capital Management LLC, has been responsible for certain Funds in the Trust since July 2010 and has been associated with Invesco Capital Management since 2007. | ||
Management Team | - | 2003 | 2005 |
Biography | Team Managed |
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