Lord Abbett Sustainable Municipal Bond Fund (LISMX)
Fund Info
Jan 19, 2022
$1,000,000
Expense Ratio
LISMX features an expense ratio of 0.43%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lord Abbett Sustainable Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Lord Abbett Sustainable Municipal Bond Fund had a return of 0.41% year-to-date (YTD) and 2.89% in the last 12 months.
LISMX
0.41%
0.74%
0.62%
2.89%
N/A
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of LISMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.52% | 0.41% | |||||||||||
| 2024 | 0.43% | 0.28% | -0.11% | -0.63% | -0.04% | 1.28% | 0.83% | 0.72% | 0.95% | -1.41% | 1.39% | -0.99% | 2.69% |
| 2023 | 2.90% | -2.12% | 1.79% | -0.11% | -0.61% | 1.02% | 0.26% | -0.72% | -2.31% | -0.67% | 4.64% | 1.86% | 5.86% |
| 2022 | -1.21% | -0.51% | -3.00% | -3.06% | 1.28% | -2.11% | 2.65% | -1.39% | -3.62% | -0.47% | 3.79% | 0.22% | -7.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LISMX is 52, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Sustainable Municipal Bond Fund (LISMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lord Abbett Sustainable Municipal Bond Fund provided a 3.51% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.28 | $0.18 |
Dividend yield | 3.51% | 3.48% | 3.04% | 1.97% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Sustainable Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.28 |
| 2022 | $0.03 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Sustainable Municipal Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Lord Abbett Sustainable Municipal Bond Fund was 11.32%, occurring on Oct 25, 2022. Recovery took 448 trading sessions.
The current Lord Abbett Sustainable Municipal Bond Fund drawdown is 0.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.32% | Jan 25, 2022 | 192 | Oct 25, 2022 | 448 | Aug 1, 2024 | 640 |
| -2.04% | Oct 3, 2024 | 25 | Nov 6, 2024 | — | — | — |
| -0.75% | Aug 6, 2024 | 3 | Aug 8, 2024 | 20 | Sep 6, 2024 | 23 |
| -0.11% | Sep 12, 2024 | 1 | Sep 12, 2024 | 1 | Sep 13, 2024 | 2 |
| -0.11% | Sep 20, 2024 | 1 | Sep 20, 2024 | 1 | Sep 23, 2024 | 2 |
Volatility
Volatility Chart
The current Lord Abbett Sustainable Municipal Bond Fund volatility is 0.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.