LSMFX Performance — Lord Abbett Sustainable Municipal Bond Fund, Class F
Data updated: 2025-02-28
LSMFX returned +2.31% over one year to Dec 2024. The annualised 3-year return is +0.05%. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $100, against $97 for the category, and to $102 over one year, against $102. Volatility over the past three years was 6.35% a year. In the 12 months to Dec 2024 the fund took in a net $181K, and assets reached $5.63M.
LSMFX Growth of $100
What $100 invested in Lord Abbett Sustainable Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | LSMFX | Category average |
|---|---|---|
| 1 year (Jan 2024 – Dec 2024) | $102 | $102 |
| 3 years (Jan 2022 – Dec 2024) | $100 | $97 |
LSMFX Trailing Returns
Total returns to Dec 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.31% |
| 3 years (annualised) | +0.05% |
LSMFX Annual Returns
Calendar-year total returns of Lord Abbett Sustainable Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 | +2.31% |
| 2023 | +5.76% |
| 2022 | −7.45% |
LSMFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.2% | +0.3% | +0.2% | −0.9% | −0.1% | +1.3% | +0.8% | +0.7% | +0.9% | −1.3% | +1.3% | −1.0% |
| 2023 | +2.6% | −2.1% | +1.8% | +0.1% | −0.9% | +1.0% | +0.2% | −0.7% | −2.0% | −1.0% | +4.6% | +2.1% |
| 2022 | −1.3% | −0.5% | −3.0% | −2.9% | +1.1% | −1.8% | +2.5% | −1.6% | −3.6% | −0.5% | +3.8% | +0.4% |
LSMFX Risk
Risk measures from monthly returns over Jan 2022 – Dec 2024.
- 3-year volatility (annualised): 6.35%
- 3-year Sharpe ratio: -0.70 (vs 4.5% risk-free rate)
- Best month: +4.63% (Nov 2023)
- Worst month: −3.63% (Sep 2022)
LSMFX Fund Flows
Monthly money in and out of Lord Abbett Sustainable Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $181K
- 12-month gross sales (incl. reinvestments): $277K
- Sales ÷ redemptions: 2.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2024 | $21K | $2K | $19K |
| Nov 2024 | $21K | $5K | $16K |
| Oct 2024 | $21K | $2K | $19K |
| Sep 2024 | $24K | $13K | $11K |
| Aug 2024 | $3K | $1K | $1K |
| Jul 2024 | $133K | $1K | $132K |
| Jun 2024 | $2K | $41K | −$39K |
| May 2024 | $17K | $16K | $1K |
| Apr 2024 | $14K | $3K | $11K |
| Mar 2024 | $2K | $1K | $1K |
| Feb 2024 | $17K | $4K | $14K |
| Jan 2024 | $2K | $8K | −$6K |
LSMFX Assets Under Management
Net assets of Lord Abbett Sustainable Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-12-31 | $5.63M |
| 2024-09-30 | $5.69M |
| 2024-06-30 | $5.46M |
| 2024-03-31 | $5.51M |
| 2023-12-31 | $5.51M |
| 2023-09-30 | $5.15M |
| 2023-06-30 | $5.32M |
| 2023-03-31 | $5.21M |
| 2022-12-31 | $5.00M |
| 2022-09-30 | $4.54M |
| 2022-06-30 | $4.58M |
| 2022-03-31 | $4.77M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.