Lord Abbett Short Duration Tax Free Fund Class I (LISDX)
| Fund Assets | 1.35B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 3.06% |
| Dividend Growth | 4.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | n/a |
| YTD Return | 0.67% |
| 1-Year Return | 2.83% |
| 5-Year Return | 5.09% |
| 52-Week Low | 14.87 |
| 52-Week High | 15.23 |
| Beta (5Y) | n/a |
| Holdings | 276 |
| Inception Date | Dec 31, 2008 |
About LISDX
The Fund's investment strategy focuses on Short Muni Debt with 0.45% total expense ratio. The minimum amount to invest in Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration Tax-Free Fund; Class I Shares is $1,000,000 on a standard taxable account. Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration Tax-Free Fund; Class I Shares seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. To pursue its goal, under normal market conditions the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds.
Performance
LISDX had a total return of 2.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.66%.
Top 10 Holdings
16.22% of assets| Name | Symbol | Weight |
|---|---|---|
| HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE - Harris County Cultural Education Facilities Finance Corp | TX.HARMED 11.15.2046 | 2.55% |
| HLTH CARE AUTH FOR BAPTIST HLTH AL - Health Care Authority for Baptist Health/The | AL.HLTMED 11.01.2042 | 1.86% |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE - Wisconsin Health & Educational Facilities Authority | WI.WISMED 02.15.2053 | 1.70% |
| VIRGINIA HSG DEV AUTH - Virginia Housing Development Authority | n/a | 1.66% |
| FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY - Florida Insurance Assistance Interlocal Agency Inc | FL.FLIGEN 5 09.01.2025 | 1.63% |
| PORT OF PORT ARTHUR TX NAV DIST - Port of Port Arthur Navigation District | TX.PPATRN 04.01.2040 | 1.52% |
| PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE - Pennsylvania Higher Educational Facilities Authority | PA.PASHGR 09.01.2045 | 1.39% |
| LOWER COLORADO RIVER TX AUTH REVENUE - Lower Colorado River Authority | TX.LWCGEN 05.15.2039 | 1.33% |
| CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE - Central Plains Energy Project | NE.CENPWR 05.01.2053 | 1.32% |
| NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT - New York State Dormitory Authority | NY.NYSHGR 05.01.2044 | 1.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.03761 | May 30, 2025 |
| Apr 30, 2025 | $0.0408 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03862 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03723 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03639 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03887 | Dec 31, 2024 |