Morningstar

abrdn Short Duration High Yield Municipal Fund Institutional Class AHYMX

Morningstar Medalist Rating
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Medalist Rating as of See abrdn Investment Hub
  • NAV / 1-Day Return $8.58  /  +0.59 %
  • Fund Size $12.8M
  • Adjusted Expense Ratio 0.670%
  • Net Expense Ratio 0.670%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category High Yield Muni
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 4.53%
  • Average Effective Duration 3.39 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis AHYMX

Will AHYMX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AHYMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AHYMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AHYMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

abrdn Short Dur Hi Yld Muncpl Instl holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings AHYMX

More AHYMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

COLORADO HEALTH FACS AUTH REV 3.5%

9.88 3M
municipal

HOUSTON TEX ARPT SYS REV 5.5%

5.80 2M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

4.72 1M
municipal

PUBLIC FIN AUTH WIS REV 5%

4.12 1M
municipal

FLORIDA DEV FIN CORP EDL FACS REV 5.5%

4.05 1M
municipal

HIGHER EDL FACS FING AUTH FLA HIGHER EDL FACS REV 5%

3.94 1M
municipal

PENNSYLVANIA ECONOMIC DEV FIN AUTH EXEMPT FAC REV 5.5%

3.90 1M
municipal

NATIONAL FIN AUTH N H SPL REV 6.5%

3.85 1M
municipal

FLORIDA LOC GOVT FIN COMMN SR LIVING REV 4.7%

3.85 1M
municipal

MADISON CNTY N Y CAP RESOURCE CORP REV 5.5%

3.68 961,729
municipal

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