abrdn Short Duration Hi Yld Muncpl C (ACHMX)
| Fund Assets | 28.22M |
| Expense Ratio | 1.67% |
| Min. Investment | $1,000 |
| Turnover | 97.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.23% |
| Dividend Growth | 6.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.98 |
| YTD Return | 1.02% |
| 1-Year Return | 3.76% |
| 5-Year Return | -7.63% |
| 52-Week Low | 8.83 |
| 52-Week High | 9.09 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| 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 3.76% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.14%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02349 | Jun 30, 2026 |
| May 29, 2026 | $0.02446 | May 29, 2026 |
| Apr 30, 2026 | $0.02672 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02454 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02464 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02196 | Jan 30, 2026 |