Lord Abbett Short Duration High Income Municipal Bond Fund Class C (SDHCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.28
-0.01 (-0.07%)
Jan 28, 2025, 3:40 PM EST
1.28%
Fund Assets 273.50M
Expense Ratio 1.26%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.48
Dividend Yield 3.33%
Dividend Growth 7.86%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 14.29
YTD Return 0.21%
1-Year Return 4.42%
5-Year Return -0.32%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 414
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.

Category High Yield Muni
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol SDHCX
Share Class Class C
Index Bloomberg 1-8 Year Municipal TR USD

Performance

SDHCX had a total return of 4.42% in the past year. Since the fund's inception, the average annual return has been 1.00%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
HYMQX Class F3 0.40%
SDHIX Class I 0.45%
SDHFX Class F 0.55%
SDHAX Class A 0.65%

Top 10 Holdings

12.16% of assets
Name Symbol Weight
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% AL SEEPWR 5 11.01.2035 2.30%
MISSION TEX ECONOMIC DEV CORP REV 4.63% TX MISDEV 4.62 10.01.2031 1.40%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% PR PRCGEN 4.5 07.01.2034 1.25%
NEW YORK N Y 3.5% NY NYC 04.01.2042 1.16%
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 4.75% IA IASGEN 4.75 08.01.2042 1.06%
PUBLIC FIN AUTH WIS TAX INCREMENT REV 5% WI PUBGEN 5 06.01.2041 1.04%
MONTGOMERY CNTY PA HIGHER ED & HEALTH AUTH REV 3.66% PA MONHGR 09.01.2050 1.02%
FLORIDA DEV FIN CORP SOLID WASTE DISP REV 4.38% FL FLSDEV 10.01.2054 1.02%
BERKS CNTY PA MUN AUTH REV 5% PA BERFAC 5 06.30.2039 0.97%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% GA MAIUTL 08.01.2052 0.93%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.03988 Jan 31, 2025
Dec 31, 2024 $0.03994 Dec 31, 2024
Nov 29, 2024 $0.03963 Nov 29, 2024
Oct 31, 2024 $0.03941 Oct 31, 2024
Sep 30, 2024 $0.0404 Sep 30, 2024
Aug 30, 2024 $0.04027 Aug 30, 2024
Full Dividend History