Lord Abbett Short Dur Hi Inc Muni Bd F (SDHFX)
| Fund Assets | 2.19B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 4.13% |
| Dividend Growth | 2.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 14.27 |
| YTD Return | 1.23% |
| 1-Year Return | 2.17% |
| 5-Year Return | 6.70% |
| 52-Week Low | 13.84 |
| 52-Week High | 14.44 |
| Beta (5Y) | n/a |
| Holdings | 466 |
| 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 2.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.58%.
Top 10 Holdings
12.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Southeast Energy Authority A Cooperative District | AL.SEEPWR 5 11.01.2035 | 1.84% |
| SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE - Southeast Energy Authority A Cooperative District | AL.SEEPWR 11.01.2055 | 1.37% |
| IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE - Iowa Finance Authority | IA.IASGEN 4.75 08.01.2042 | 1.21% |
| BERKS CNTY PA MUNI AUTH - Berks County Municipal Authority/The | PA.BERFAC 5 06.30.2039 | 1.20% |
| MISSION TX ECON DEV CORP REVENUE - Mission Economic Development Corp | TX.MISDEV 4.62 10.01.2031 | 1.18% |
| MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE - Main Street Natural Gas Inc | GA.MAIUTL 08.01.2052 | 1.17% |
| HGR EDU FACS FING AUTH FL HGR EDUCTNL FACS REVENUE - Florida Higher Educational Facilities Financing Authority | FL.FLSHGR 5 07.01.2035 | 1.16% |
| CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE - California Infrastructure & Economic Development Bank | CA.CASDEV 01.01.2065 | 1.13% |
| 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 | 1.09% |
| City of New York NY | NY.NYC 10.01.2046 | 1.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 31, 2025 | $0.04947 | Mar 31, 2025 |