AHYMX

About AHYMX

abrdn Short Duration High Yield Municipal Fund Institutional Class is a mutual fund designed to deliver a high level of current income that is exempt from federal income tax. This fund primarily invests at least 80% of its net assets in municipal obligations, including those subject to the federal alternative minimum tax, across various credit qualities and maturities. A distinguishing characteristic is its focus on high-yield municipal securities, with at least half of its assets invested in bonds rated BBB or below, or equivalent, providing investors with exposure to higher income potential alongside greater credit risk. The fund maintains a weighted average effective duration of less than 4.5 years, offering interest rate sensitivity that generally aligns it with short-duration strategies. abrdn Short Duration High Yield Municipal Fund Institutional Class serves a key role for investors seeking tax-advantaged income and portfolio diversification through the municipal bond market, and its management may also consider environmental, social, and governance (ESG) factors when assessing investments. This fund is relevant to institutions and individuals aiming for federal tax-exempt income with moderate duration risk in the high-yield municipal bond sector.