Lord Abbett High Income Municipal Bond’s experienced team delivers one of the more aggressive approaches in the high-yield muni space, but the strategy’s returns have yet to deliver standout results versus peers.
Lord Abbett High Income Muni Bond A HYMAX
- NAV / 1-Day Return 10.71 / −0.08 %
- Total Assets 3.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.810%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.26%
- Effective Duration 7.87 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0
Morningstar’s Analysis HYMAX
Will HYMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 11.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 2.33 | 84.8 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 1.86 | 67.5 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 1.23 | 44.7 Mil | municipal |
PUERTO RICO COMWLTH 4% | 1.04 | 38.0 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.38% | 0.99 | 36.1 Mil | municipal |
ARKANSAS ST DEV FIN AUTH INDL DEV REV 4.5% | 0.96 | 34.8 Mil | municipal |
TOBACCO SETTLEMENT FING CORP VA 5% | 0.95 | 34.4 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 0.88 | 32.0 Mil | municipal |
OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV 5% | 0.84 | 30.4 Mil | municipal |
TOBACCO SETTLEMENT FING CORP VA 0% | 0.83 | 30.2 Mil | municipal |