Morningstar

Lord Abbett Short Duration High Income Municipal Bond Fund Class F3 HYMQX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Lord Abbett Investment Hub

Morningstar’s Analysis HYMQX

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

  • People Pillar

    The People Pillar is our evaluation of the HYMQX 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 HYMQX’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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