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Lord Abbett High Yield Municipal Bond A (HYMAX)

12.15 0.00(0.00%) Jun 28
Prev Close:12.15
YTD Return*:4.46%
Net Assets*:2.12B

* As of 31-May-16

Quotes delayed, except where indicated otherwise. Currency in USD.

Top Holdings

Symbol% AssetsYTD Return %
New York Liberty Dev Corp Libe Rev Bd 5%1.81N/A
Buckeye Ohio Tob Settlement Fi To 5.125%1.23N/A
Jefferson Cnty Ala Swr Rev Swr Rev 6.5%1.14N/A
Iowa Fin Auth 5.25%1.03N/A
Tobacco Settlement Fing Corp N Asset 5%0.85N/A

Fund Basics

Morningstar Overall Rating:
Total Assets:2.12B
Category:High Yield Muni
Annual Report Expense Ratio (net):0.83%

Performance & Risk

YTD Return:4.46%
5y Avg Return:6.97%
Rank in Category (ytd):24
% Rank in Category (ytd):11.59%
Beta (3y):1.64
Morningstar Risk Rating:4

Fund Summary

The investment seeks a high level of income exempt from federal income tax. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that pay interest exempt from federal income tax. Under normal circumstances, the fund seeks to maintain a dollar-weighted average maturity of between ten and twenty-five years. The fund is non-diversified. View More
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