Morningstar

Lord Abbett Short Duration High Income Municipal Bond Fund Class A SDHAX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 14.24  /  −0.07 %
  • Total Assets 3.2B
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.660%
  • 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 4.14%
  • Effective Duration 3.92 years

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:18 AM GMT+0

Morningstar’s Analysis SDHAX

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

  • People Pillar

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

Experienced managers run this short-duration high-yield muni approach.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Lord Abbett Short Duration High Income Municipal Bond’s strengths include experienced muni managers and a stable analyst team, but its short-term mandate holds this strategy back from its high-yield muni Morningstar Category peers.

by Tom Murphy
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Portfolio Holdings SDHAX

More SDHAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

2.02 60M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

1.19 35M
municipal

DENVER COLO CITY & CNTY SPL FACS ARPT REV 5%

1.11 33M
municipal

MISSION TEX ECONOMIC DEV CORP REV 4.63%

1.09 32M
municipal

BERKS CNTY PA MUN AUTH REV 5%

1.07 32M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

1.05 31M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.99 29M
municipal

BALDWIN CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 5%

0.98 29M
municipal

PUBLIC FIN AUTH WIS TAX INCREMENT REV 5%

0.98 29M
municipal

PUERTO RICO COMWLTH 5.63%

0.96 29M
municipal

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