Lord Abbett Short Dur Hi Inc Muni Bd F (SDHFX)
| Fund Assets | 2.33B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 4.15% |
| Dividend Growth | 2.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 14.23 |
| YTD Return | 0.95% |
| 1-Year Return | 1.40% |
| 5-Year Return | 6.49% |
| 52-Week Low | 13.84 |
| 52-Week High | 14.40 |
| Beta (5Y) | n/a |
| Holdings | 470 |
| Inception Date | Jun 15, 2015 |
About SDHFX
Lord Abbett Short Duration High Income Municipal Bond Fund Class F is an actively managed municipal bond mutual fund designed to provide a high level of income that is exempt from federal income tax. The strategy focuses on shorter-duration, higher-yielding municipal securities, balancing income generation with interest-rate sensitivity management. The portfolio spans a broad set of revenue-backed sectors—including healthcare, transportation, housing, education, special tax, and water and sewer—reflecting diversified exposure to essential-service and project-driven issuers. It invests across multiple states and U.S. territories, with notable allocations to large municipal markets such as New York and California, alongside specialized issuers like industrial development authorities. The fund maintains a large, granular holdings list and pays distributions monthly, aligning with income-oriented objectives. Launched in 2015, it reports net assets in the billions and a competitively managed expense structure for its share class. By concentrating on short duration within the high income municipal space, the fund serves investors seeking federally tax-exempt cash flow while targeting credit-driven opportunities in the municipal market’s lower- to mid-tier quality spectrum.
Performance
SDHFX had a total return of 1.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.53%.
Top 10 Holdings
12.29% of assets| Name | Symbol | Weight |
|---|---|---|
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 5 11.01.2035 | 1.74% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.33% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25% | AL.SEEPWR 11.01.2055 | 1.29% |
| BERKS CNTY PA MUN AUTH REV 5% | PA.BERFAC 5 06.30.2039 | 1.22% |
| DENVER COLO CITY & CNTY SPL FACS ARPT REV 5% | CO.DENAPT 5 10.01.2032 | 1.15% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 08.01.2031 | 1.12% |
| MISSION TEX ECONOMIC DEV CORP REV 4.63% | TX.MISDEV 4.62 10.01.2031 | 1.12% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 4.75% | IA.IASGEN 4.75 08.01.2042 | 1.11% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 08.01.2052 | 1.11% |
| HIGHER EDL FACS FING AUTH FLA HIGHER EDL FACS REV 5% | FL.FLSHGR 5 07.01.2035 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.04957 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05058 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04957 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04947 | Jun 30, 2025 |
| May 30, 2025 | $0.04973 | May 30, 2025 |
| Apr 30, 2025 | $0.04987 | Apr 30, 2025 |