Lord Abbett Short Dur Hi Inc Muni Bd I (SDHIX)

Fund Assets	3.24B
Expense Ratio	0.46%
Min. Investment	$1,000,000
Turnover	29.00%
Dividend (ttm)	0.62
Dividend Yield	4.52%
Dividend Growth	2.32%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	13.63
YTD Return	-1.24%
1-Year Return	-0.23%
5-Year Return	3.11%
52-Week Low	13.53
52-Week High	14.41
Beta (5Y)	0.12
Holdings	578
Inception Date	Jun 15, 2015

About SDHIX

Lord Abbett Short Duration High Income Municipal Bond Fund Class I is an actively managed municipal bond mutual fund designed to provide a high level of income exempt from federal income tax. The strategy concentrates on short‑ to intermediate‑maturity municipal securities, maintaining a weighted average effective duration of less than 4.5 years to help moderate interest‑rate sensitivity while targeting elevated income levels. The portfolio invests at least 80% of net assets in municipal bonds and places a significant emphasis on lower‑rated, below‑investment‑grade issues, which can enhance yield but introduce higher credit and liquidity risks. The fund distributes income monthly and is positioned for investors seeking tax‑advantaged cash flows with controlled duration risk. As of June 30, 2025, it managed approximately $1.97 billion across hundreds of holdings, reflecting broad diversification by sector and state within the municipal market. Class I shares feature an institutional pricing structure with a net expense ratio of 0.45%, supporting cost efficiency for eligible investors. The fund’s focus on diversified sectors—such as healthcare, transportation, special tax, utilities, and general obligation issuers—anchors its role as a short‑duration, high‑income municipal allocation within a fixed income lineup.

• Fund Family: Lord Abbett
• Category: High Yield Muni
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: SDHIX
• Share Class: Class I
• Index: Bloomberg 1-8 Year Municipal TR USD

Performance

SDHIX had a total return of -0.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.74%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
HYMQX	Class F3	0.41%
SDHFX	Class F	0.56%
SDHAX	Class A	0.66%
SDHCX	Class C	1.31%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.050	Aug 31, 2026
Jul 31, 2026	$0.05051	Jul 31, 2026
Jun 30, 2026	$0.05116	Jun 30, 2026
May 29, 2026	$0.05095	May 29, 2026
Apr 30, 2026	$0.05115	Apr 30, 2026
Mar 31, 2026	$0.0529	Mar 31, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 2, 2026

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