Morningstar

Lord Abbett Short Duration High Income Municipal Bond Fund Class F3 HYMQX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 14.26  /  0.00
  • Total Assets 3.0B
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.410%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.41%
  • Effective Duration 3.92 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:18 AM GMT+0

Morningstar’s Analysis HYMQX

Will HYMQX 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 HYMQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HYMQX 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 HYMQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid team runs this strategy.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Lord Abbett Short Duration High Income Municipal Bond’s strengths include experienced leaders and a strong analyst team, but its unique approach holds this strategy back from its peers.

by Tom Murphy
Rated on Published on

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Portfolio Holdings HYMQX

More HYMQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

2.16 60M
municipal

DENVER COLO CITY & CNTY SPL FACS ARPT REV 5%

1.18 33M
municipal

BERKS CNTY PA MUN AUTH REV 5%

1.15 32M
municipal

MISSION TEX ECONOMIC DEV CORP REV 4.63%

1.13 31M
municipal

PUBLIC FIN AUTH WIS TAX INCREMENT REV 5%

1.02 29M
municipal

CHICAGO ILL BRD ED 5%

0.99 28M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5%

0.98 27M
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

0.95 26M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%

0.93 26M
municipal

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

0.83 23M
municipal

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