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 | 3.50% |
Dividend Growth | 12.99% |
Payout Frequency | Monthly |
Ex-Dividend Date | Jan 31, 2025 |
Previous Close | 9.22 |
YTD Return | 0.22% |
1-Year Return | 2.49% |
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 2.49% in the past year. Since the fund's inception, the average annual return has been 0.22%, including dividends.
Top 10 Holdings
34.35% of assetsName | Symbol | Weight |
---|---|---|
CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE - California Pollution Control Financing Authority | CA CASPOL 5 07.01.2039 | 4.62% |
BREVARD CNTY FL HLTH FACS AUTH REVENUE - Brevard County Health Facilities Authority | FL BREMED 5 04.01.2038 | 4.12% |
NEW JERSEY ST TRANSPRTN TRUST FUND AUTH - New Jersey Transportation Trust Fund Authority | NJ NJSTRN 5.25 06.15.2036 | 4.09% |
MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE - Maryland Economic Development Corp | MD MDSDEV 5 11.12.2028 | 3.60% |
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 | 3.48% |
DUVAL CNTY FL SCH BRD COPS - Duval County Public Schools | FL DUVEDU 5 07.01.2035 | 2.92% |
MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE - Maryland Economic Development Corp | MD MDSDEV 5.38 07.01.2038 | 2.91% |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE - California Community Choice Financing Authority | CA CCEDEV 01.01.2055 | 2.90% |
OHIO ST HOSP REVENUE - State of Ohio | OH OHSMED 5 01.15.2032 | 2.87% |
FRANKLIN CNTY OH REVENUE - County of Franklin OH | OH FRAGEN 5 12.01.2036 | 2.84% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
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 |
Aug 30, 2024 | $0.02668 | Aug 30, 2024 |