Lord Abbett High Yield Municipal Bond A (HYMAX)
* As of 30-Apr-16
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Golden St Tob Securitization C Toba 4.5%||0.74||N/A|
|Morningstar Overall Rating:|
|Category:||High Yield Muni|
|Annual Report Expense Ratio (net):||0.83%|
Performance & Risk
|5y Avg Return:||7.13%|
|Rank in Category (ytd):||30|
|% Rank in Category (ytd):||14.22%|
|Morningstar Risk Rating:||4|
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