Lord Abbett Short Duration High Income Municipal Bond Fund Class C (SDHCX)
| Fund Assets | 273.50M |
| Expense Ratio | 1.26% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.42% |
| Dividend Growth | 3.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 14.13 |
| YTD Return | n/a |
| 1-Year Return | 2.40% |
| 5-Year Return | 4.00% |
| 52-Week Low | 13.84 |
| 52-Week High | 14.44 |
| Beta (5Y) | n/a |
| Holdings | 458 |
| Inception Date | Jun 15, 2015 |
About SDHCX
The Fund's investment strategy focuses on High Yield Muni with 1.28% total expense ratio. The minimum amount to invest in Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration High Yield Municipal Bond Fund; Class C Shs is $1,000 on a standard taxable account. Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration High Yield Municipal Bond Fund; Class C Shs seeks a high level of income exempt from federal income tax. SDHCX invests at least 80% of its net assets in municipal bonds that pay interest exempt from federal income tax. SDHCX generally will maintain an investment portfolio with a weighted average effective duration of less than 4.5 years.
Performance
SDHCX had a total return of 2.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.94%.
Top 10 Holdings
11.93% of assets| Name | Symbol | Weight |
|---|---|---|
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 5 11.01.2035 | 2.03% |
| MISSION TEX ECONOMIC DEV CORP REV 4.63% | TX.MISDEV 4.62 10.01.2031 | 1.30% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 08.01.2052 | 1.29% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.28% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% | PR.PRCGEN 4.5 07.01.2034 | 1.18% |
| BERKS CNTY PA MUN AUTH REV 5% | PA.BERFAC 5 06.30.2039 | 1.17% |
| PUBLIC FIN AUTH WIS TAX INCREMENT REV 5% | WI.PUBGEN 5 06.01.2041 | 1.04% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 4.75% | IA.IASGEN 4.75 08.01.2042 | 0.91% |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV 4.38% | FL.FLSDEV 10.01.2054 | 0.88% |
| JEFFERSON CNTY OHIO PORT AUTH ECONOMIC DEV REV 5% | OH.JPADEV 12.01.2053 | 0.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.04071 | Jun 30, 2025 |
| May 30, 2025 | $0.0407 | May 30, 2025 |
| Apr 30, 2025 | $0.04113 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04046 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04079 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03988 | Jan 31, 2025 |