ACHMX

About ACHMX

abrdn Short Duration High Yield Municipal Fund Class C is an open‑end municipal bond mutual fund focused on generating tax‑advantaged income from a diversified portfolio of below‑investment‑grade and medium‑quality municipal securities with **shorter maturities**. The fund’s primary purpose is to offer a relatively stable interest‑rate profile while targeting higher coupon income available in the high‑yield muni market. Its short duration orientation aims to reduce sensitivity to rate moves compared with longer‑dated municipal strategies, appealing to investors seeking steadier net asset value behavior in changing rate environments. Managed under abrdn’s credit research framework, the strategy allocates across revenue‑backed sectors such as healthcare, charter schools, transportation, housing, and essential services, often secured by dedicated revenue streams rather than general obligation pledges. Class C shares typically embed ongoing distribution and service fees in lieu of front‑end sales charges, aligning costs with a hold‑as‑you‑go structure. Within the municipal bond landscape, this fund plays a role in providing federally tax‑exempt income potential, credit diversification across municipalities and projects, and a shorter‑duration complement to core tax‑exempt bond allocations.