Lord Abbett High Income Municipal Bond Fund Class A (HYMAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.56

+0.01 (0.09%)

At close: Aug 25, 2026

2.42% (1Y)

Fund Assets	4.51B
Expense Ratio	0.84%
Min. Investment	$1,000
Turnover	27.00%
Dividend (ttm)	0.52
Dividend Yield	4.90%
Dividend Growth	4.44%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.55
YTD Return	2.11%
1-Year Return	7.51%
5-Year Return	-1.35%
52-Week Low	10.30
52-Week High	10.81
Beta (5Y)	0.17
Holdings	605
Inception Date	Dec 30, 2004

About HYMAX

Lord Abbett High Income Municipal Bond Fund Class A is a mutual fund that focuses on generating a high level of income exempt from federal income tax. Its primary strategy involves investing at least 80% of its net assets in U.S. municipal bonds, particularly those rated below investment grade, commonly known as high-yield or "junk" municipal bonds. This approach provides investors access to higher potential yields compared to traditional municipal bond funds, while maintaining the federal tax-exempt status on earned income. The fund is managed by Lord, Abbett & Co. LLC and offers diversified exposure across over 600 individual securities from various sectors, including state and local government projects, infrastructure, and public services. With a typical average effective maturity between ten and twenty-five years and an effective duration around 7.6 years, the fund balances interest rate and credit risk to optimize tax-exempt income for shareholders. As one of the larger high-yield municipal bond funds, with net assets exceeding $4 billion, it plays a significant role in providing capital to municipalities while offering investors an income-oriented solution aimed at those seeking tax-advantaged returns in the fixed income market.

Fund Family Lord Abbett

Category High Yield Muni

Performance Rating Above Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol HYMAX

Share Class Class A

Index Bloomberg Municipal Bond High Yield TR

Performance

HYMAX had a total return of 7.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HYMOX	Class F3	0.59%
HYMIX	Class I	0.64%
HYMFX	Class F	0.74%
HYMCX	Class C	1.47%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.04245	Jul 31, 2026
Jun 30, 2026	$0.04455	Jun 30, 2026
May 29, 2026	$0.04301	May 29, 2026
Apr 30, 2026	$0.04254	Apr 30, 2026
Mar 31, 2026	$0.04356	Mar 31, 2026
Feb 27, 2026	$0.04332	Feb 27, 2026

Full Dividend History