abrdn Short Duration Hi Yld Muncpl C (ACHMX)
| Fund Assets | 31.63M |
| Expense Ratio | 1.67% |
| Min. Investment | $1,000 |
| Turnover | 97.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.90% |
| Dividend Growth | 10.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 8.97 |
| YTD Return | -0.17% |
| 1-Year Return | 1.07% |
| 5-Year Return | n/a |
| 52-Week Low | 8.83 |
| 52-Week High | 9.19 |
| Beta (5Y) | n/a |
| Holdings | 58 |
| Inception Date | Dec 18, 2020 |
About ACHMX
abrdn Short Duration High Yield Municipal Fund Class C is a mutual fund that seeks a high level of current income exempt from federal income tax. Under normal circumstances, it invests at least 80% of its net assets in municipal obligations exempt from federal income tax, including securities subject to the federal alternative minimum tax. The fund allocates at least 50% of its assets to high-yield municipal bonds rated BBB+ or lower by S&P Global Ratings or Baa1 or lower by Moody's Investors Service, or equivalent unrated securities as determined by the adviser. It maintains a portfolio with a weighted average effective duration of less than 4.5 years and a dollar-weighted average maturity between more than 2 years and less than 8 years, emphasizing short-duration strategies to balance income generation with interest rate sensitivity. This fund targets investors seeking tax-advantaged income from lower-rated municipal securities issued by state and local governments to finance public projects such as infrastructure, education, and healthcare facilities. Managed by abrdn's US Municipals Team, it focuses on high-yield sectors while navigating credit risks associated with junk bonds and municipal market volatilities.
Performance
ACHMX had a total return of 1.07% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.43%.
Top 10 Holdings
50.11% of assets| Name | Symbol | Weight |
|---|---|---|
| MADISON CNTY N Y CAP RESOURCE CORP REV 5.5% | n/a | 8.12% |
| COLORADO HEALTH FACS AUTH REV 3.5% | n/a | 7.36% |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV 2.5% | n/a | 6.15% |
| KANSAS ST INDPT COLLEGE FIN AUTH 8.5% | n/a | 5.97% |
| HIGHER EDL FACS FING AUTH FLA HIGHER EDL FACS REV 5% | n/a | 5.75% |
| FLORIDA LOC GOVT FIN COMMN SR LIVING REV 4.45% | n/a | 5.16% |
| FLORIDA DEV FIN CORP EDL FACS REV 5.5% | n/a | 2.98% |
| PENNSYLVANIA ECONOMIC DEV FIN AUTH EXEMPT FAC REV 5.5% | PA.PASDEV 12.01.2038 | 2.91% |
| FLORIDA LOC GOVT FIN COMMN SR LIVING REV 4.7% | FL.FLSFAC 4.7 11.15.2031 | 2.87% |
| MISSISSIPPI BUSINESS FIN CORP MISS SOLID WASTE DISP REV 4.375% | n/a | 2.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02454 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02464 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02196 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02158 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02484 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02449 | Oct 31, 2025 |