Lord Abbett High Income Municipal Bond’s management duo is capable, but its team recently restructured amid senior-level supporting cast changes, and its relatively aggressive approach does not possess a consistent edge. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes.
- NAV / 1-Day Return 10.87 / 0.03 %
- Total Assets 3.4 Bil
Adj. Expense Ratio
- Expense Ratio 0.750%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.83%
- Effective Duration —
Morningstar’s Analysis HYMAX
Will HYMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.