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HYMCX Lord Abbett High Income Muni Bond C Forecast, Technical & Fundamental Analysis

Category HighYieldMuni
A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of income exempt from federal income tax. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that pay interest exempt from federal income tax. Under normal circumstances, it seeks to maintain a dollar-weighted average maturity of between ten and twenty-five years.
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A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Fundamentals
Details
Category
High Yield Muni
Address
Lord Abbett Municipal Income Fund Inc90 Hudson Street 11th FloorJersey City
Phone
N/A
Web
www.lordabbett.com
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HYMCX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HYMCX has been closely correlated with MMHEX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYMCX jumps, then MMHEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HYMCX
1D Price
Change %
HYMCX100%
+0.09%
MMHEX - HYMCX
98%
Closely correlated
N/A
HYMAX - HYMCX
97%
Closely correlated
N/A
PTYIX - HYMCX
96%
Closely correlated
N/A
CXHYX - HYMCX
96%
Closely correlated
N/A
MMHVX - HYMCX
96%
Closely correlated
+0.08%
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