Lord Abbett Short Dur Hi Inc Muni Bd F3 (HYMQX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.28
+0.01 (0.07%)
Sep 12, 2025, 4:00 PM EDT
0.07%
Fund Assets2.19B
Expense Ratio0.40%
Min. Investment$1,000,000
Turnover38.00%
Dividend (ttm)0.61
Dividend Yield4.28%
Dividend Growth2.36%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close14.27
YTD Return1.27%
1-Year Return2.27%
5-Year Return7.44%
52-Week Low13.84
52-Week High14.44
Beta (5Y)n/a
Holdings466
Inception DateApr 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.

Fund Family Lord Abbett
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol HYMQX
Share Class Class F3
Index Bloomberg 1-8 Year Municipal TR USD

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%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
SDHIXClass I0.45%
SDHFXClass F0.55%
SDHAXClass A0.65%
SDHCXClass C1.26%

Top 10 Holdings

12.40% of assets
NameSymbolWeight
Southeast Energy Authority A Cooperative DistrictAL.SEEPWR 5 11.01.20351.84%
SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE - Southeast Energy Authority A Cooperative DistrictAL.SEEPWR 11.01.20551.37%
IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance AuthorityIA.IASGEN 4.75 08.01.20421.21%
BERKS CNTY PA MUNI AUTH - Berks County Municipal Authority/ThePA.BERFAC 5 06.30.20391.20%
MISSION TX ECON DEV CORP REVENUE - Mission Economic Development CorpTX.MISDEV 4.62 10.01.20311.18%
MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE - Main Street Natural Gas IncGA.MAIUTL 08.01.20521.17%
HGR EDU FACS FING AUTH FL HGR EDUCTNL FACS REVENUE - Florida Higher Educational Facilities Financing AuthorityFL.FLSHGR 5 07.01.20351.16%
CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE - California Infrastructure & Economic Development BankCA.CASDEV 01.01.20651.13%
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE - Puerto Rico Sales Tax Financing Corp Sales Tax RevenuePR.PRCGEN 4.5 07.01.20341.09%
City of New York NYNY.NYC 10.01.20461.06%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.0524Aug 29, 2025
Jul 31, 2025$0.05137Jul 31, 2025
Jun 30, 2025$0.05124Jun 30, 2025
May 30, 2025$0.05154May 30, 2025
Apr 30, 2025$0.05159Apr 30, 2025
Mar 31, 2025$0.05132Mar 31, 2025
Full Dividend History