Lord Abbett Short Dur Hi Inc Muni Bd F3 (HYMQX)
Fund Assets | 2.19B |
Expense Ratio | 0.40% |
Min. Investment | $1,000,000 |
Turnover | 38.00% |
Dividend (ttm) | 0.61 |
Dividend Yield | 4.28% |
Dividend Growth | 2.36% |
Payout Frequency | Monthly |
Ex-Dividend Date | n/a |
Previous Close | 14.27 |
YTD Return | 1.27% |
1-Year Return | 2.27% |
5-Year Return | 7.44% |
52-Week Low | 13.84 |
52-Week High | 14.44 |
Beta (5Y) | n/a |
Holdings | 466 |
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 2.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.13%.
Top 10 Holdings
12.40% of assetsName | Symbol | Weight |
---|---|---|
Southeast Energy Authority A Cooperative District | AL.SEEPWR 5 11.01.2035 | 1.84% |
SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE - Southeast Energy Authority A Cooperative District | AL.SEEPWR 11.01.2055 | 1.37% |
IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 4.75 08.01.2042 | 1.21% |
BERKS CNTY PA MUNI AUTH - Berks County Municipal Authority/The | PA.BERFAC 5 06.30.2039 | 1.20% |
MISSION TX ECON DEV CORP REVENUE - Mission Economic Development Corp | TX.MISDEV 4.62 10.01.2031 | 1.18% |
MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE - Main Street Natural Gas Inc | GA.MAIUTL 08.01.2052 | 1.17% |
HGR EDU FACS FING AUTH FL HGR EDUCTNL FACS REVENUE - Florida Higher Educational Facilities Financing Authority | FL.FLSHGR 5 07.01.2035 | 1.16% |
CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE - California Infrastructure & Economic Development Bank | CA.CASDEV 01.01.2065 | 1.13% |
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 4.5 07.01.2034 | 1.09% |
City of New York NY | NY.NYC 10.01.2046 | 1.06% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Aug 29, 2025 | $0.0524 | Aug 29, 2025 |
Jul 31, 2025 | $0.05137 | Jul 31, 2025 |
Jun 30, 2025 | $0.05124 | Jun 30, 2025 |
May 30, 2025 | $0.05154 | May 30, 2025 |
Apr 30, 2025 | $0.05159 | Apr 30, 2025 |
Mar 31, 2025 | $0.05132 | Mar 31, 2025 |