Lord Abbett Short Dur Hi Inc Muni Bd F3 (HYMQX)
| Fund Assets | 2.33B |
| Expense Ratio | 0.40% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 4.33% |
| Dividend Growth | 2.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 14.25 |
| YTD Return | 4.09% |
| 1-Year Return | 3.37% |
| 5-Year Return | 9.94% |
| 52-Week Low | 13.44 |
| 52-Week High | 14.26 |
| 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 3.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.20%.
Top 10 Holdings
13.07% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE - New York Liberty Development Corp | NY.NYCDEV 5 11.15.2044 | 1.83% |
| Southeast Energy Authority A Cooperative District | AL.SEEPWR 5 11.01.2035 | 1.59% |
| DENVER CITY & CNTY CO SPL FACS ARPT REVENUE - City & County of Denver CO | CO.DENAPT 5 10.01.2032 | 1.41% |
| BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE - Black Belt Energy Gas District | AL.BBEUTL 5 10.01.2035 | 1.39% |
| CHICAGO IL BRD OF EDU - Chicago Board of Education | IL.CHIEDU 7 12.01.2044 | 1.23% |
| CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE - California Infrastructure & Economic Development Bank | CA.CASDEV 01.01.2065 | 1.22% |
| SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE - Southeast Energy Authority A Cooperative District | n/a | 1.19% |
| NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE - New York Transportation Development Corp | NY.NYTTRN 5 08.01.2031 | 1.13% |
| BERKS CNTY PA MUNI AUTH - Berks County Municipal Authority/The | PA.BERFAC 5 06.30.2039 | 1.09% |
| MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE - Main Street Natural Gas Inc | GA.MAIUTL 08.01.2052 | 1.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 31, 2025 | $0.05137 | Jul 31, 2025 |
| Jun 30, 2025 | $0.05124 | Jun 30, 2025 |