Lord Abbett Diversification Shares: Enh Mun Yld Fd (LAEMX)
10.22
+0.04
(+0.39%)
USD |
May 26 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.01% | 493.54M | -- | 19.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 351.39M | 7.52% |
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 |
| Equity Style | -- |
| 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:
23
-447.19M
Peer Group Low
391.76M
Peer Group High
1 Year
% Rank:
22
351.39M
-1.909B
Peer Group Low
2.560B
Peer Group High
3 Months
% Rank:
18
-444.70M
Peer Group Low
760.98M
Peer Group High
3 Years
% Rank:
30
-6.670B
Peer Group Low
6.954B
Peer Group High
6 Months
% Rank:
24
-871.28M
Peer Group Low
1.455B
Peer Group High
5 Years
% Rank:
30
-7.935B
Peer Group Low
10.29B
Peer Group High
YTD
% Rank:
25
-332.34M
Peer Group Low
931.64M
Peer Group High
10 Years
% Rank:
42
-4.571B
Peer Group Low
14.58B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 27, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.29% |
| Stock | 0.01% |
| Bond | 99.57% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.14% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 11/01/2035 | 1.38% | 103.22 | 0.38% |
| NEW YORK TRANSN DEV CORP SPL FAC REV NY 5.000 12/01/2039 | 1.25% | 104.02 | 0.28% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 1.21% | 99.60 | 1.01% |
| PUERTO RICO COMWLTH PR 4.000 07/01/2041 | 1.19% | 93.70 | 0.67% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV NY 5.000 11/15/2044 | 1.18% | 100.02 | 0.00% |
| CALIFORNIA HEALTH FACS FING AUTH REV CA 5.250 12/01/2040 | 1.17% | 109.71 | 0.36% |
| ILLINOIS FIN AUTH SURFACE FGHT TRNSFER FACS REV IL 4.800 12/01/2043 | 1.12% | 104.09 | 0.36% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.500 07/01/2034 | 1.08% | 98.94 | 0.34% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2055 | 1.06% | 100.81 | 0.45% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.000 10/01/2035 | 1.05% | 101.07 | 0.37% |
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 |
| Equity Style | -- |
| 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 (5-22-26) | 4.58% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 270 |
| Bond | |
| Yield to Maturity (1-31-26) | 4.37% |
| Effective Duration | -- |
| Average Coupon | 4.93% |
| Calculated Average Quality | 4.036 |
| Effective Maturity | 10.24 |
| Nominal Maturity | 14.90 |
| Number of Bond Holdings | 263 |
As of January 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 4/15/2024 |
| Last Annual Report Date | 7/31/2025 |
| Last Prospectus Date | 12/1/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible 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. |