Lord Abbett Short Duration High Income Municipal Bond Fund Class A (SDHAX)
| Fund Assets | 3.01B |
| Expense Ratio | 0.66% |
| Min. Investment | $1,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 3.72% |
| Dividend Growth | 3.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 14.29 |
| YTD Return | 2.32% |
| 1-Year Return | 5.42% |
| 5-Year Return | 5.69% |
| 52-Week Low | 13.99 |
| 52-Week High | 14.41 |
| Beta (5Y) | 0.18 |
| Holdings | 531 |
| Inception Date | Jun 15, 2015 |
About SDHAX
Lord Abbett Short Duration High Income Municipal Bond Fund Class A is an actively managed municipal bond mutual fund focused on delivering a high level of income that is exempt from federal income tax. The strategy invests at least 80% of net assets in tax-exempt municipal securities and maintains a short-to-intermediate interest-rate profile, generally targeting a weighted average effective duration below approximately four and a half years to manage rate sensitivity. The portfolio emphasizes high-yield and nonrated municipal issuers across revenue-backed sectors such as transportation, healthcare, housing, airports, and special assessment districts, seeking diversified cash flows from essential-service and project-based credits. Launched in 2015, the fund distributes income monthly and is positioned for investors seeking tax-advantaged income with moderated duration risk relative to longer-maturity muni strategies. Its role in the market is to bridge the gap between traditional investment-grade muni funds and longer-duration high-yield offerings, providing exposure to credit-driven income opportunities while aiming to temper volatility through shorter effective duration and broad sector diversification.
Performance
SDHAX had a total return of 5.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.97%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04881 | Jun 30, 2026 |
| May 29, 2026 | $0.04854 | May 29, 2026 |
| Apr 30, 2026 | $0.04882 | Apr 30, 2026 |
| Mar 31, 2026 | $0.05048 | Mar 31, 2026 |
| Feb 27, 2026 | $0.05053 | Feb 27, 2026 |
| Jan 30, 2026 | $0.05012 | Jan 30, 2026 |