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 10.92 / 0.15 %
- Total Assets 3.4 Bil
Adj. Expense Ratio
- Expense Ratio 0.670%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 0
- Status Open
- TTM Yield 3.94%
- Effective Duration 8.59 years
Morningstar’s Analysis HYMFX
Will HYMFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.