Lord Abbett Diversification Shares: Enh Mun Yld Fd (LAEMX)
10.23
0.00 (0.00%)
USD |
Dec 15 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 364.21M | -- | 19.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 324.59M | 4.60% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from US federal income tax. It will invest at least 80% of its net assets in municipal bonds that pay interest exempt from US federal income tax with a particular emphasis on lower rated municipal bonds commonly referred to as "below investment grade", "high yield", or "junk." |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Lord Abbett |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
16
-270.71M
Peer Group Low
162.98M
Peer Group High
1 Year
% Rank:
24
324.59M
-2.613B
Peer Group Low
3.207B
Peer Group High
3 Months
% Rank:
26
-261.58M
Peer Group Low
690.83M
Peer Group High
3 Years
% Rank:
29
-5.900B
Peer Group Low
7.658B
Peer Group High
6 Months
% Rank:
19
-945.73M
Peer Group Low
2.118B
Peer Group High
5 Years
% Rank:
35
-6.006B
Peer Group Low
10.51B
Peer Group High
YTD
% Rank:
19
-1.899B
Peer Group Low
2.815B
Peer Group High
10 Years
% Rank:
43
-4.788B
Peer Group Low
14.65B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 16, 2025.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.20% |
| Stock | 0.00% |
| Bond | 100.7% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.87% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PUERTO RICO COMWLTH PR 4.000 07/01/2041 | 2.33% | 92.03 | 0.00% |
| ILLINOIS FIN AUTH SURFACE FGHT TRNSFER FACS REV IL 4.800 12/01/2043 | 2.27% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2055 | 2.23% | -- | -- |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 11/01/2035 | 2.13% | 105.87 | 0.07% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 01/01/2056 | 1.90% | 104.07 | 0.00% |
| MASSACHUSETTS ST DEV FIN AGY REV MA 5.500 07/01/2041 | 1.64% | -- | -- |
| LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV LA 3.500 11/01/2032 | 1.60% | 98.93 | 0.00% |
| CHICAGO ILL O HARE INTL ARPT REV IL 5.000 01/01/2037 | 1.54% | 101.55 | 0.01% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV MN 5.000 11/15/2035 | 1.42% | 102.87 | -0.00% |
| NEW YORK TRANSN DEV CORP SPL FAC REV NY 5.000 12/01/2032 | 1.37% | 109.01 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.00% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from US federal income tax. It will invest at least 80% of its net assets in municipal bonds that pay interest exempt from US federal income tax with a particular emphasis on lower rated municipal bonds commonly referred to as "below investment grade", "high yield", or "junk." |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Lord Abbett |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-12-25) | 4.45% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 197 |
| Bond | |
| Yield to Maturity (7-31-25) | 4.87% |
| Effective Duration | -- |
| Average Coupon | 4.97% |
| Calculated Average Quality | 4.186 |
| Effective Maturity | 10.15 |
| Nominal Maturity | 14.66 |
| Number of Bond Holdings | 195 |
As of July 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 4/15/2024 |
| Last Annual Report Date | 7/31/2025 |
| Last Prospectus Date | 12/1/2024 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:LAEMX", "name") |
| Broad Asset Class: =YCI("M:LAEMX", "broad_asset_class") |
| Broad Category: =YCI("M:LAEMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:LAEMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |