Lord Abbett Short Duration High Income Municipal Bond Fund Class F (SDHFX)
| Fund Assets | 2.78B |
| Expense Ratio | 0.56% |
| Min. Investment | $0.00 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 4.23% |
| Dividend Growth | 4.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 14.27 |
| YTD Return | 0.72% |
| 1-Year Return | 4.63% |
| 5-Year Return | 6.95% |
| 52-Week Low | 13.84 |
| 52-Week High | 14.40 |
| Beta (5Y) | n/a |
| Holdings | 504 |
| 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 4.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.94%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.05163 | Feb 27, 2026 |
| Jan 30, 2026 | $0.05133 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0507 | Dec 31, 2025 |
| Nov 28, 2025 | $0.05025 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05128 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04957 | Sep 30, 2025 |