Lord Abbett Sustainable Municipal Bd I (LISMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.22
0.00 (0.00%)
Jan 31, 2025, 3:07 PM EST
-0.43%
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.

Category Muni National Interm
Stock Exchange NASDAQ
Ticker Symbol LISMX
Share Class Class I
Index Bloomberg 1-15 Y Municipal TR IX

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.

Other Share Classes

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

Symbol Share Class Expense Ratio
LSMOX Class F3 0.42%
LSMFX Class F 0.53%
LASMX Class A 0.63%
LCSBX Class C 1.28%

Top 10 Holdings

34.35% of assets
Name 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%
View More Holdings

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
Full Dividend History