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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Lord Abbett High Yield Municipal Bond Fund

HYMBX |

-

$2.24 B

-

1.63%

Vitals

YTD Return

N/A

1 yr return

12.4%

3 Yr Avg Return

7.5%

5 Yr Avg Return

4.1%

Net Assets

$2.24 B

Holdings in Top 10

11.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.63%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 27.20%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$0

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Lord Abbett High Yield Municipal Bond Fund

HYMBX |

-

$2.24 B

-

1.63%

HYMBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.81%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett High Yield Municipal Bond Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Dec 30, 2004
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel S. Solender

Fund Description

HYMBX - Performance

Return Ranking - Trailing

Period HYMBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 12.4% -64.8% 268.1% N/A
3 Yr 7.5%* -100.0% 115.6% N/A
5 Yr 4.1%* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period HYMBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 73.0% N/A
2022 N/A -76.0% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 336.8% N/A
2019 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period HYMBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 7.4% -64.8% 268.1% N/A
3 Yr 6.6%* -100.0% 115.6% N/A
5 Yr 3.8%* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period HYMBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 76.6% N/A
2022 N/A -30.7% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 341.1% N/A
2019 N/A -60.1% 304.1% N/A

HYMBX - Holdings

Concentration Analysis

HYMBX Category Low Category High HYMBX % Rank
Net Assets 2.24 B 10 804 B N/A
Number of Holdings 499 1 17333 N/A
Net Assets in Top 10 247 M -7.11 B 145 B N/A
Weighting of Top 10 11.83% 0.0% 20474.3% N/A

Top 10 Holdings

  1. Buckeye Ohio Tob Settlement Fi To 5.125% 2.20%
  2. Tobacco Settlement Fing Corp N Asset 5% 1.77%
  3. Golden St Tob Securitization C Tobacc 5% 1.36%
  4. Kendall Kane & Will Cntys Ill Go Sch 5% 1.05%
  5. Tobacco Settlement Fing Corp V Asset 5% 1.02%
  6. Las Vegas Valley Nev Wtr Dist 3.46% 0.96%
  7. Tobacco Settlement Fing Corp N Asset 5% 0.91%
  8. California St Various P 5% 0.86%
  9. Connecticut St Health & Edl Fa Rev Bd 5% 0.85%
  10. Buckeye Ohio Tob Settlement Fi Tob 5.75% 0.85%

Asset Allocation

Weighting Return Low Return High HYMBX % Rank
Bonds 		99.26% -955.59% 2458.15% N/A
Cash 		0.76% -2458.20% 7388.76% N/A
Stocks 		0.00% -142.98% 259.25% N/A
Preferred Stocks 		0.00% -21.20% 80.89% N/A
Convertible Bonds 		0.00% -0.37% 144.58% N/A
Other 		-0.03% -7288.76% 493.15% N/A

Bond Sector Breakdown

Weighting Return Low Return High HYMBX % Rank
Municipal 		99.14% 0.00% 165.37% N/A
Cash & Equivalents 		0.76% -2458.20% 7388.76% N/A
Corporate 		0.13% -46.36% 3345.86% N/A
Derivative 		0.00% -511.61% 54.22% N/A
Securitized 		0.00% -24.16% 264.51% N/A
Government 		0.00% -3298.93% 2458.15% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HYMBX % Rank
US 		99.26% -955.59% 2458.15% N/A
Non US 		0.00% -153.97% 464.75% N/A

HYMBX - Expenses

Operational Fees

HYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.63% -2.86% 950.64% N/A
Management Fee 0.48% 0.00% 2.87% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee 0.04% 0.00% 52000.00% N/A

Sales Fees

HYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load 5.00% 0.25% 5.50% N/A

Trading Fees

HYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.20% 0.00% 5067.00% N/A

HYMBX - Distributions

Dividend Yield Analysis

HYMBX Category Low Category High HYMBX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

HYMBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

HYMBX Category Low Category High HYMBX % Rank
Net Income Ratio 4.81% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

HYMBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

HYMBX - Fund Manager Analysis

Managers

Daniel S. Solender

Start Date

Tenure

Tenure Rank

Dec 31, 2006

6.17

6.2%

Mr. Solender is the lead portfolio manager of the municipal bond capabilities. Mr. Solender joined Lord Abbett in 2006 and was named Partner in 2008. His prior experience includes: Vice President and Portfolio Manager at Nuveen Investments; Principal and Portfolio Manager at Vanguard Group; Assistant Vice President and Portfolio Manager at Nuveen Advisory Corp.; Financial Analyst/Assistant Manager, Research and Product Development at Citibank. Mr. Solender received a BA from Columbia University and an MBA from the University of Chicago. He is the holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.

Paul Langlois

Start Date

Tenure

Tenure Rank

Jun 01, 2012

0.75

0.8%

Langloisis a senior vice president, investment officer of Seligman. He joined Seligman in March of 2002. Prior to then, he was an analyst with Triton Partners since October 2000.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25

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