Lord Abbett Short Duration High Income Municipal Bond Fund Class F3 (HYMQX)
| Fund Assets | 2.67B |
| Expense Ratio | 0.41% |
| Min. Investment | $1,000,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 4.32% |
| Dividend Growth | 3.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 14.39 |
| YTD Return | 1.36% |
| 1-Year Return | 5.08% |
| 5-Year Return | 9.10% |
| 52-Week Low | 13.34 |
| 52-Week High | 14.40 |
| Beta (5Y) | n/a |
| Holdings | 484 |
| Inception Date | Apr 4, 2017 |
About HYMQX
Lord Abbett Short Duration High Income Municipal Bond Fund Class F3 is an open‑end municipal bond fund focused on generating a high level of income that is exempt from federal income tax. The strategy concentrates on below‑investment‑grade and unrated municipal issuers while keeping interest rate sensitivity contained through a shorter effective duration, generally under 4.5 years, and a portfolio emphasizing near‑ to intermediate‑term maturities. The fund invests at least 80% of net assets in municipal bonds and distributes income monthly. It spans key revenue sectors such as healthcare, transportation, special tax, education, housing, and essential services across multiple U.S. states and territories, reflecting diversified exposure to the high yield municipal market. The Class F3 share class features a relatively low net expense ratio and an inception date in 2017, with management oriented toward balancing credit-driven income with liquidity and duration control. Within the high yield muni category, it serves a role for income-focused investors seeking tax‑exempt cash flows with reduced interest rate risk compared with longer-duration municipal strategies.
Performance
HYMQX had a total return of 5.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.37%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.05318 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05254 | Dec 31, 2025 |
| Nov 28, 2025 | $0.05209 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05316 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05135 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0524 | Aug 29, 2025 |