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Lord Abbett Short Duration High Yield Municipal Bond Fund

SDHIX:US
NASDAQ GM
15.13
USD
0.00
0.00%
As of 6/15/2018
Fund Type
Open-End Fund
52Wk Range
15.06 - 15.33
1 Yr Return
2.70%
YTD Return
1.14%
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Previous Close
15.13
52Wk Range
15.06 - 15.33
1 Yr Return
2.73%
YTD Return
1.14%
Fund Type
Open-End Fund
Objective
Muni High Yield
Asset Class Focus
Fixed Income
Geographic Focus
U.S.
NAV (on 06/15/2018)
15.13
Total Assets (m USD) (on 06/14/2018)
256.931
Inception Date
06/01/2015
Last Dividend (on 06/15/2018)
0.00374194
Dividend Indicated Gross Yield
2.84%
Fund Managers
DANIEL S SOLENDER
Front Load Fee
0.00%
Back Load Fee
0.00%
Redemption Fee
0.00%
12b-1 Fee
0.00%
Current Mgmt Fee
0.40%
Expense Ratio
0.60%
Profile
Lord Abbett Short Duration High Yield Municipal Bond Fund seeks a high level of income exempt from federal income tax by investing in municipal bonds that pay interest exempt from federal income tax. The Fund's benchmark is a composite of 50% Bloomberg Barclays Municipal Bond 1-8 Year Index & 50% Bloomberg Barclays Municipal High Yield 1-8 Year Index.
Address
Lord, Abbett & Co LLC
90 Hudson Street
Jersey City, NJ 07302
Phone
1-888-522-2388