Lord Abbett Sustainable Municipal Bd I (LISMX)
| Fund Assets | n/a |
| Expense Ratio | 0.43% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.47% |
| Dividend Growth | 10.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 9.22 |
| YTD Return | 0.63% |
| 1-Year Return | 1.96% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 40 |
| Inception Date | Jan 20, 2022 |
About LISMX
LISMX was founded on 2022-01-20 and is currently managed by Shuman,Englsih,Solender. The Fund's investment strategy focuses on Intmdt Muni Debt with 0.43% total expense ratio. The minimum amount to invest in Lord Abbett Sustainable Municipal Bond Fund Class I is $1,000,000 on a standard taxable account. Lord Abbett Sustainable Municipal Bond Fund Class I seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. LISMX invests at least 80% of its net assets in municipal bonds that pay interest exempt from federal income tax. LISMX maintains a dollar-weighted average maturity of between 5 and 12 years.
Performance
LISMX had a total return of 1.96% in the past year. Since the fund's inception, the average annual return has been 0.34%, including dividends.
Top 10 Holdings
34.15% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE - California Pollution Control Financing Authority | n/a | 4.57% |
| BREVARD CNTY FL HLTH FACS AUTH REVENUE - Brevard County Health Facilities Authority | n/a | 4.08% |
| NEW JERSEY ST TRANSPRTN TRUST FUND AUTH - New Jersey Transportation Trust Fund Authority | NJ NJSTRN 5.25 06.15.2036 | 3.97% |
| MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE - Maryland Economic Development Corp | MD MDSDEV 5 11.12.2028 | 3.59% |
| BRD OF MANAGERS TX JT GUADALUPE CNTY-CITY OF SEGUIN HOSP MTG - Board of Managers Joint Guadalupe County-City of Seguin Hospital | TX BORMED 4 12.01.2026 | 3.47% |
| INDIANA ST FIN AUTH STUDENT HSG REVENUE - Indiana Finance Authority | IN INDHSG 5 06.01.2043 | 3.02% |
| MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE - Maryland Economic Development Corp | MD MDSDEV 5.38 07.01.2038 | 2.88% |
| DUVAL CNTY FL SCH BRD COPS - Duval County Public Schools | FL DUVEDU 5 07.01.2035 | 2.87% |
| OHIO ST HOSP REVENUE - State of Ohio | OH OHSMED 5 01.15.2032 | 2.85% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | CA CCEDEV 02.01.2055 | 2.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.02294 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02767 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02773 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02785 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02767 | Oct 31, 2024 |
| Sep 30, 2024 | $0.0284 | Sep 30, 2024 |