Morningstar

Lord Abbett Short Duration High Income Municipal Bond Fund Class I SDHIX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 13.71  /  +0.07 %
  • Total Assets 3.1B
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.460%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.55%
  • Effective Duration 3.92 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis SDHIX

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

  • People Pillar

    The People Pillar is our evaluation of the SDHIX 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 SDHIX’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 SDHIX

More SDHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

1.89 60M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

1.07 34M
municipal

DENVER COLO CITY & CNTY SPL FACS ARPT REV 5%

1.03 33M
municipal

MISSION TEX ECONOMIC DEV CORP REV 4.63%

1.01 32M
municipal

BERKS CNTY PA MUN AUTH REV 5%

1.00 32M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

0.98 31M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.95 30M
municipal

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

0.92 29M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.90 29M
municipal

PUBLIC FIN AUTH WIS TAX INCREMENT REV 5%

0.90 29M
municipal

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