Lord Abbett Short Duration High Income Municipal Bond Fund Class F (SDHFX)
| Fund Assets | 273.50M |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 4.05% |
| Dividend Growth | 5.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 14.33 |
| YTD Return | 1.18% |
| 1-Year Return | 5.11% |
| 5-Year Return | 6.02% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 420 |
| Inception Date | Jun 15, 2015 |
About SDHFX
The Fund's investment strategy focuses on High Yield Muni with 0.52% 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 F Shs is $0 on a standard taxable account. Lord Abbett Municipal Income Fund, Inc: Lord Abbett Short Duration High Yield Municipal Bond Fund; Class F Shs seeks a high level of income exempt from federal income tax. SDHFX invests at least 80% of its net assets in municipal bonds that pay interest exempt from federal income tax. SDHFX generally will maintain an investment portfolio with a weighted average effective duration of less than 4.5 years.
Performance
SDHFX had a total return of 5.11% in the past year. Since the fund's inception, the average annual return has been 1.66%, including dividends.
Top 10 Holdings
11.92% of assets| Name | Symbol | Weight |
|---|---|---|
| SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL ENERGY SUPPLY REVE - Southeast Energy Authority A Cooperative District | AL SEEPWR 5 11.01.2035 | 2.22% |
| MISSION TX ECON DEV CORP REVENUE - Mission Economic Development Corp | TX MISDEV 4.62 10.01.2031 | 1.35% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR PRCGEN 4.5 07.01.2034 | 1.21% |
| City of New York NY | NY NYC 04.01.2042 | 1.09% |
| MATCHING FUND SPL PURPOSE SECURITIZTN CORP - Matching Fund Special Purpose Securitization Corp | VI MFCFAC 5 10.01.2039 | 1.03% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA IASGEN 4.75 08.01.2042 | 1.03% |
| MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE - Main Street Natural Gas Inc | GA MAIUTL 08.01.2052 | 1.01% |
| PUB FIN AUTH WI TAX INCREMENT REVNUE - Public Finance Authority | WI PUBGEN 5 06.01.2041 | 0.99% |
| MONTGOMERY CNTY PA HGR EDU & HLTH AUTH - Montgomery County Higher Education and Health Authority | n/a | 0.99% |
| FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE - Florida Development Finance Corp | FL FLSDEV 10.01.2054 | 0.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.0488 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0487 | Jan 31, 2025 |
| Dec 31, 2024 | $0.04879 | Dec 31, 2024 |
| Nov 29, 2024 | $0.04822 | Nov 29, 2024 |
| Oct 31, 2024 | $0.04821 | Oct 31, 2024 |
| Sep 30, 2024 | $0.04871 | Sep 30, 2024 |