Lord Abbett High Income Municipal Bond Fund Class F3 (HYMOX)
| Fund Assets | 4.32B |
| Expense Ratio | 0.59% |
| Min. Investment | $1,000,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 4.97% |
| Dividend Growth | 3.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.70 |
| YTD Return | 1.29% |
| 1-Year Return | 3.53% |
| 5-Year Return | 2.94% |
| 52-Week Low | 9.83 |
| 52-Week High | 10.71 |
| Beta (5Y) | n/a |
| Holdings | 598 |
| Inception Date | Apr 4, 2017 |
About HYMOX
Lord Abbett High Income Municipal Bond Fund Class F3 is an open-end mutual fund specializing in high-yield municipal bonds. Its primary objective is to provide investors with a high level of income that is exempt from federal income tax, making it attractive for those seeking tax-advantaged income solutions. The fund predominantly invests in municipal bonds issued by state and local governments across the United States, including territories such as Puerto Rico. Unlike many municipal bond funds, this fund takes an aggressive approach by focusing on lower-rated, or "high yield," municipal bonds—commonly known as "junk" bonds—rated BBB+/Baa1 or below, and it may allocate a portion of its assets to unrated or distressed municipal debt instruments. This strategy introduces greater credit risk but offers the potential for higher returns than traditional investment grade municipal bond funds. The portfolio is broadly diversified, typically holding over 600 individual securities across various sectors, with top holdings in areas such as tobacco settlement revenue and transportation-related municipal projects. Managed by an experienced team, it pays income monthly and has a competitive expense ratio in the high-yield muni fund category. Overall, it plays a significant role for investors aiming to diversify their fixed income exposure while maximizing federally tax-exempt income through high-yield municipal investment.
Performance
HYMOX had a total return of 3.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.34%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04661 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04596 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04408 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04542 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04444 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04452 | Aug 29, 2025 |