# EDGAR Filing Document

**Accession Number:** 0002029852
**File Stem:** 0001410368-26-020071
**Filing Date:** 2026-2
**Character Count:** 69911
**Document Hash:** 28733c9e1835fd1606ba31c2dd1b8751
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-020071.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-020071

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lord Abbett Municipal Opportunities Fund
- **CENTRAL INDEX KEY:** 0002029852

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23987
- **FILM NUMBER:** 26689915

**BUSINESS ADDRESS:**
- **STREET 1:** 30 HUDSON ST
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
- **BUSINESS PHONE:** 201-827-6890

**MAIL ADDRESS:**
- **STREET 1:** 30 HUDSON ST
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

## Nport-Ex

![](x4_c114914x1x1.jpg)

Lord Abbett<br> Quarterly Portfolio Holdings Report

Lord Abbett<br> Municipal Opportunities Fund

*For the period ended December 31, 2025*

**Schedule of Investments (unaudited)**

*December 31, 2025*

---

| | | |
|:---|:---|:---|
| **Investments** | **Shares** | **Fair<br> Value** |
| **LONG–TERM INVESTMENTS 117.08%** |  |  |
| **INVESTMENT COMPANIES–CLOSED-END FUND 2.29%** |  |  |
| AllianceBernstein National Municipal Income Fund, Inc. | 115072 | $1245079 |
| BNY Mellon Strategic Municipals, Inc. | 160000 | 1017600 |
| BNY Mellon Strategic Municipal Bond Fund, Inc. | 200000 | 1234000 |
| *TOTAL INVESTMENT COMPANIES–CLOSED-END FUND* (cost $3,398,050) |  | 3496679 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Interest<br> Rate** | | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | |
| **MUNICIPAL BONDS 114.78%** |  |  |  |  |  |  |
| **Corporate-Backed 8.94%** |  |  |  |  |  |  |
| Arkansas Development Finance Authority–Hybar LLC AMT<sup>†</sup> | 7.375% |  | 7/1/2048 | NR | $200000 | 216804 |
| California Infrastructure & Economic Development Bank–DesertXpress Enterprises LLC<sup>†</sup> | 12.00% | <sup>#(a)</sup> | 1/1/2065 | NR | 2660000 | 1968400 |
| East Nassau Stewardship District Special Assessment 2025 FL | 6.25% |  | 5/1/2056 | NR | 1300000 | 1346608 |
| Hobe-St Lucie Conservancy District Unit of Development No 1A FL | 5.875% |  | 5/1/2055 | NR | 1500000 | 1532024 |
| Legacy Community Authority CO | 6.75% |  | 12/1/2055 | NR | 4140000 | 4193749 |
| New York Liberty Development Corp.–3 World Trade Center LLC<sup>†</sup> | 7.25% |  | 11/15/2044 | NR | 300000 | 300215 |
| Ohio Air Quality Development Authority–AMG Vanadium LLC AMT<sup>†</sup> | 5.00% |  | 7/1/2049 | B3 | 2750000 | 2479189 |
| Savannah Georgia Convention Center Authority<sup>†</sup> | 6.25% |  | 6/1/2061 | NR | 1600000 | 1603631 |
| Total |  |  |  |  |  | 13640620 |
| **Education 13.24%** |  |  |  |  |  |  |
| California Infrastructure & Economic Development Bank<sup>(c)</sup> | 5.25% |  | 5/15/2059 | AA | 1235000 | 1316119 |
| Chester County Health & Education Facilities Authority–Immaculata University PA | 4.25% |  | 11/1/2032 | BB- <sup>(b)</sup> | 865000 | 810993 |
| Chester County Health & Education Facilities Authority–Immaculata University PA | 5.00% |  | 11/1/2041 | BB- <sup>(b)</sup> | 375000 | 335747 |
| Cleveland-Cuyahoga County Port Authority OH<sup>†</sup> | 5.875% |  | 1/1/2049 | NR | 3300000 | 3286340 |

---

*See Notes to Schedule of Investments.* 1

**Schedule of Investments (unaudited)(continued)**

*December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Education (continued)** |  |  |  |  |  |
| Clifton Higher Education Finance Corp.–Aristoi Classical Academy TX | 6.00% | 8/15/2055 | BB | $4490000 | $4378601 |
| Development Authority of The City of Marietta–Life University Inc GA<sup>†</sup> | 5.00% | 11/1/2047 | Ba3 | 3000000 | 2586669 |
| Florida Higher Educational Facilities Financing Authority–Keiser University Obligated Group<sup>†</sup> | 6.25% | 7/1/2055 | BB+ | 5000000 | 4976835 |
| Illinois Finance Authority–Illinois Institute of Technology<sup>†</sup> | 5.875% | 9/1/2046 | BB+ | 1000000 | 985818 |
| Louisiana Public Facilities Authority–Lafayette Renaissance Charter Academy<sup>†</sup> | 6.375% | 6/15/2053 | NR | 1500000 | 1517862 |
| Total |  |  |  |  | 20194984 |
| **General Obligation 7.78%** |  |  |  |  |  |
| Copperleaf Metropolitan District No 5. GO | 6.50% | 12/1/2055 | NR | 1800000 | 1812081 |
| Grapevine Wash Local District–Grapevine Wash Local District Residential Facilities Fee Revenue UT GO<sup>†</sup> | 6.00% | 3/1/2055 | NR | 1000000 | 978534 |
| Haymeadow Metropolitan District No. 1 CO GO | 6.125% | 12/1/2054 | NR | 3625000 | 3723695 |
| Mida Cormont Public Infrastructure District UT GO<sup>†</sup> | Zero Coupon | 6/1/2055 | NR | 1000000 | 851572 |
| Public Finance Authority–Driftwood Conservation District WI<sup>†</sup> | Zero Coupon | 12/15/2039 | NR | 2697000 | 1108484 |
| Public Finance Authority WI<sup>†</sup> | 6.00% | 11/15/2045 | NR | 3500000 | 3400722 |
| Total |  |  |  |  | 11875088 |
| **Health Care 31.49%** |  |  |  |  |  |
| Arizona Industrial Development Authority–Navajo Health Foundation-Sage Memorial Hospital Inc Obligated Group<sup>†</sup> | 7.625% | 5/1/2054 | NR | 1500000 | 1637451 |
| Berks County Municipal Authority–Tower Health Obligated Group PA | Zero Coupon | 6/30/2044 | NR | 4241000 | 2935402 |
| California Municipal Finance Authority–Palomar Health Obligated Group COPS<sup>†</sup> | 5.00% | 11/1/2027 | CCC+ | 1000000 | 947870 |
| California Public Finance Authority–QSH/LB LLC<sup>†</sup> | 6.625% | 6/1/2065 | NR | 1750000 | 1807692 |
| California Public Finance Authority–QSH/MB LLC<sup>†</sup> | 6.75% | 7/1/2065 | NR | 2995000 | 3196745 |
| Capital Projects Finance Authority–Trilogy Community Development Foundation Inc Obligated Group FL<sup>†</sup> | 7.125% | 1/1/2065 | NR | 1000000 | 1024721 |

---

2 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Health Care (continued)** |  |  |  |  |  |
| Chester County Health & Education Facilities Authority–Immaculata University PA | 5.00% | 11/1/2046 | BB- <sup>(b)</sup> | $300000 | $252088 |
| County of Washington–Marietta Area Health Care Inc Obligated Group OH | 6.75% | 12/1/2052 | NR | 3500000 | 3613280 |
| Florida Local Government Finance Commission–Sanctuary At Village On The Isle LLC/The<sup>†</sup> | 11.00% | 12/22/2030 | NR | 1030000 | 1036097 |
| Industrial Development Authority of the City of Phoenix Arizona–Christian Care Surprise Inc AZ | 5.50% | 12/1/2065 | BBB | 2000000 | 1941193 |
| King County Public Hospital District No. 4 WA | 6.625% | 12/1/2045 | NR | 1500000 | 1518538 |
| King County Public Hospital District No. 4 WA | 7.00% | 12/1/2060 | NR | 2800000 | 2866663 |
| Maryland Health & Higher Educational Facilities Authority<sup>(c)</sup> | 5.00% | 7/1/2054 | A+ | 200 | 206830 |
| Maryland Health & Higher Educational Facilities Authority<sup>(c)</sup> | 5.25% | 7/1/2054 | A+ | 200 | 206830 |
| Moon Industrial Development Authority–Baptist Homes Society Obligated Group PA | 5.75% | 7/1/2035 | NR | 1900000 | 1891466 |
| New Hampshire Business Finance Authority | 5.43% | 8/15/2035 | NR | 1345000 | 1349397 |
| New Hope Cultural Education Facilities Finance Corp.–SLF CHP LLC TX<sup>†</sup> | 6.50% | 7/1/2056 | NR | 3400000 | 3317775 |
| Norman Regional Hospital Authority Obligated Group OK | 3.25% | 9/1/2038 | CCC | 2175000 | 1480340 |
| Palomar Health Obligated Group CA | 5.00% | 11/1/2039 | CCC+ | 135000 | 126529 |
| Public Finance Authority–Munificent Behavioral Hospitals I Inc Obligated Group WI<sup>†</sup> | 7.25% | 1/1/2061 | NR | 1000000 | 1056982 |
| Public Finance Authority–QCF Behavioral Hospitals I Obligated Group WI<sup>†</sup> | Zero Coupon | 7/1/2064 | NR | 168920000 | 1928695 |
| Public Finance Authority–QCF Behavioral Hospitals I Obligated Group WI<sup>†</sup> | 7.50% | 7/1/2059 | NR | 250000 | 280033 |
| Shelby County Health Educational & Housing Facilities Board–Luke Inc Obligated Group TN | 5.75% | 10/1/2059 | NR | 2455000 | 1644872 |

---

*See Notes to Schedule of Investments.* 3

**Schedule of Investments (unaudited)(continued)**

*December 31, 2025*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Health Care (continued)** |  |  |  |  |  |  |
| South Carolina Jobs-Economic Development Authority–Connexion Communities Obligated Group<sup>†</sup> | 6.75% |  | 10/15/2060 | NR | $5000000 | $5007527 |
| Washington State Housing Finance Commission–Horizon House Obligated Group/WA | 6.25% |  | 1/1/2061 | BB <sup>(b)</sup> | 3500000 | 3472044 |
| Westchester County Local Development Corp.–Westchester County Health Care Corp Obligated Group NY | 7.50% |  | 11/1/2055 | NR | 3000000 | 3295840 |
| Total |  |  |  |  |  | 48042900 |
| **Housing 4.02%** |  |  |  |  |  |  |
| California Municipal Finance Authority | 4.326% | <sup>#(a)</sup> | 11/20/2040 | NR | 3500000 | 2434141 |
| California Public Finance Authority–P3 Irvine SL Holdings LLC Obligated Group<sup>†</sup> | 6.375% |  | 6/1/2059 | NR | 3050000 | 2915520 |
| New Hampshire Business Finance Authority<sup>†</sup> | 4.086% | <sup>#(a)</sup> | 1/20/2041 | NR | 1000000 | 779212 |
| Total |  |  |  |  |  | 6128873 |
| **Multi-Family Housing 1.50%** |  |  |  |  |  |  |
| New Hampshire Business Finance Authority<sup>†</sup> | 4.217% | <sup>#(a)</sup> | 6/20/2049 | NR | 3000000 | 2288745 |
| **Other Revenue 3.89%** |  |  |  |  |  |  |
| Municipal Improvement Corp. of Los Angeles<sup>(c)</sup> | 5.50% |  | 5/1/2055 | A+ | 5500000 | 5941498 |
| **Pollution Control 2.04%** |  |  |  |  |  |  |
| Pennsylvania Economic Development Financing Authority–Noble Environmental Inc PA<sup>†</sup> | 6.875% |  | 9/1/2047 | NR | 3000000 | 3112540 |
| **Special Tax 9.04%** |  |  |  |  |  |  |
| Black Ridge Infrastructure Financing District Black Ridge Assessment Area UT | 6.25% |  | 12/1/2054 | NR | 5100000 | 5129375 |
| City of North Las Vegas Special Improvement District No 67 Apex Moonwater West NV<sup>†</sup> | 6.75% |  | 6/1/2055 | NR | 5000000 | 5054746 |
| New York City Transitional Finance Authority<sup>(c)</sup> | 5.50% |  | 5/1/2052 | AAA | 400000 | 429463 |
| New York Transportation Dev. Corp.<sup>(c)</sup> | 6.00% |  | 6/30/2055 | Baa3 | 2000000 | 2108856 |
| New York Transportation Development Corp<sup>(c)</sup> | 6.00% |  | 6/30/2050 | Baa3 | 1000000 | 1061480 |
| Total |  |  |  |  |  | 13783920 |

---

4 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Tax Revenue 0.95%** |  |  |  |  |  |
| City of Reno–County of Washoe NV Sales Tax Revenue NV<sup>†</sup> | Zero Coupon | 7/1/2058 | NR | $6500000 | $1028411 |
| New York State Dormitory Authority–State of New York Personal Income Tax Revenue<sup>(c)</sup> | 5.25% | 3/15/2052 | Aa1 | 400000 | 420679 |
| Total |  |  |  |  | 1449090 |
| **Tobacco 5.36%** |  |  |  |  |  |
| Buckeye Tobacco Settlement Financing Authority OH | 5.00% | 6/1/2055 | NR | 4845000 | 3928010 |
| California Statewide Financing Authority | Zero Coupon | 6/1/2046 | NR | 500000 | 126677 |
| Golden State Tobacco Securitization Corp. CA | Zero Coupon | 6/1/2066 | NR | 15000000 | 1470509 |
| Nassau County Tobacco Settlement Corp. NY | 5.00% | 6/1/2035 | CC | 1500000 | 1223847 |
| Nassau County Tobacco Settlement Corp. NY | 5.25% | 6/1/2026 | CC | 804547 | 692442 |
| Silicon Valley Tobacco Securitization Authority CA | Zero Coupon | 6/1/2041 | NR | 2000000 | 737301 |
| Total |  |  |  |  | 8178786 |
| **Transportation 14.89%** |  |  |  |  |  |
| New Jersey Economic Development Authority–DRP Urban Renewal 4 LLC AMT<sup>†</sup> | 6.625% | 1/1/2045 | NR | 1250000 | 1295487 |
| New Jersey Transportation Trust Fund Authority–State of New Jersey<sup>(c)</sup> | 5.00% | 6/15/2055 | A1 | 12000000 | 12315013 |
| Oklahoma Turnpike Authority<sup>(c)</sup> | 5.50% | 10/1/2054 | Aa3 | 5000000 | 5429932 |
| Public Finance Authority–Million Air Three Obligated Group WI AMT<sup>†</sup> | 7.00% | 9/1/2054 | NR | 2000000 | 2125187 |
| Public Finance Authority–SR 400 Peach Partners LLC WI AMT | 5.75% | 12/31/2065 | Baa3 | 1500000 | 1545691 |
| Total |  |  |  |  | 22711310 |
| **Utilities 11.64%** |  |  |  |  |  |
| Black Belt Energy Gas District<sup>(c)</sup> | 5.00% | 10/1/2035 | A2 | 5500000 | 5669430 |
| Black Belt Energy Gas District AL | 5.00% | 10/1/2035 | A2 | 6000000 | 6184833 |
| Southeast Energy Authority A<sup>(c)</sup> <br> Cooperative District AL<sup>(c)</sup> | 5.00% | 1/1/2056 | A1 | 4400000 | 4585323 |

---

*See Notes to Schedule of Investments.* 5

**Schedule of Investments (unaudited)(continued)**

*December 31, 2025*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Utilities (continued)** | **Utilities (continued)** |  |  |  |  |  |
| Village Community Development District No. 15 Series 2024 Special Assessment FL<sup>†</sup> | Village Community Development District No. 15 Series 2024 Special Assessment FL<sup>†</sup> | 6.625% | 9/1/2047 | NR | $1250000 | $1318283 |
| Total | Total |  |  |  |  | 17757869 |
| *Total Municipal Bonds* (cost $172,801,799) | *Total Municipal Bonds* (cost $172,801,799) |  |  |  |  | 175106223 |
| **WARRANTS 0.00%** | **WARRANTS 0.00%** |  |  |  |  |  |
| **Construction & Engineering 0.00%** | **Construction & Engineering 0.00%** |  |  |  |  |  |
| Desertxpress Enterprises LLC\* (cost $0) | Desertxpress Enterprises LLC\* (cost $0) | 11.50% | 12/1/2035 | NR | 13800 | 0 <sup>(d)</sup> |
| **OTC OPTIONS PURCHASED 0.01%** <br> (cost $51,375) | **OTC OPTIONS PURCHASED 0.01%** <br> (cost $51,375) |  |  |  |  | 18059 |
|  | **Interest<br> Rate<sup>#</sup>** | **Interest<br> Rate<br> Reset<br> Date<sup>(e)</sup>** | **Final<br> Maturity<br> Date** |  |  |  |
| **SHORT-TERM INVESTMENTS 1.22%** |  |  |  |  |  |  |
| **VARIABLE RATE DEMAND NOTES 0.66%** |  |  |  |  |  |  |
| **Utilities** |  |  |  |  |  |  |
| New York City Municipal Water Finance Authority–New York City Water & Sewer System NY | 2.500% | 1/15/2026 | 6/15/2033 | AA+ | 1000000 | 1000000 |
| **REPURCHASE AGREEMENTS 0.56%** |  |  |  |  |  |  |
| Repurchase Agreement dated 12/31/2025, 3.250% due 1/2/2026 with Fixed Income Clearing Corp. collateralized by $860,300 of U.S. Treasury Note at 4.500% due 5/15/2027; value: $876,951; proceeds: $859,773 <br> (cost $859,618) | Repurchase Agreement dated 12/31/2025, 3.250% due 1/2/2026 with Fixed Income Clearing Corp. collateralized by $860,300 of U.S. Treasury Note at 4.500% due 5/15/2027; value: $876,951; proceeds: $859,773 <br> (cost $859,618) | Repurchase Agreement dated 12/31/2025, 3.250% due 1/2/2026 with Fixed Income Clearing Corp. collateralized by $860,300 of U.S. Treasury Note at 4.500% due 5/15/2027; value: $876,951; proceeds: $859,773 <br> (cost $859,618) |  |  | 859618 | 859618 |
| *Total Short-Term Investments* (cost $1,859,618) | *Total Short-Term Investments* (cost $1,859,618) | *Total Short-Term Investments* (cost $1,859,618) |  |  |  | 1859618 |
| *Total Investments in Securities 118.30%* (cost $178,110,842) | *Total Investments in Securities 118.30%* (cost $178,110,842) | *Total Investments in Securities 118.30%* (cost $178,110,842) |  |  |  | 180480579 |
| *Other Assets and Liabilities – Net<sup>(f)</sup> (18.30)%* | *Other Assets and Liabilities – Net<sup>(f)</sup> (18.30)%* | *Other Assets and Liabilities – Net<sup>(f)</sup> (18.30)%* |  |  |  | (27924517) |
| Net Assets 100.00% |  |  |  |  |  | $152556062 |

---

---

| | |
|:---|:---|
| AMT | Income from the security may be subject to Alternative Minimum Tax. |
| COPS | Certificates of Participation. |
| NR | Not Rated. |
| SIFMA | Securities Industry and Financial Markets Association. |

---

6 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*December 31, 2025*

---

| | |
|:---|:---|
| <sup>†</sup> | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At December 31, 2025, the total value of Rule 144A securities was $67,420,794, which represents 44.19% of net assets. |
| <sup>#</sup> | Variable rate security. The interest rate represents the rate in effect at December 31, 2025. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. |
| <sup>(b)</sup> | This investment has been rated by Fitch IBCA. |
| <sup>(c)</sup> | Municipal Bonds Held in Trust – Securities represent underlying bonds transferred to a separate securitization trust established in a tender option bond transaction in which the Fund acquired the residual interest certificates. These securities serve as collateral in a financing transaction. |
| <sup>(d)</sup> | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments. |
| <sup>(e)</sup> | The interest rate reset date shown represents the date in which the Fund has the right to sell a Variable Rate Demand Note ("VRDN") back to the issuer for Principal Amount. The interest rate on the VRDN is generally reset daily based on the SIFMA Municipal Swap Index. |
| <sup>(f)</sup> | Other Assets and Liabilities – Net include net unrealized appreciation/(depreciation) on futures contracts & purchased options as follows: |

---

**Futures Contracts at December 31, 2025:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Expiration** | **Contracts** | **Position** | **Notional<br> Amount** | **Notional<br> Value** | **Unrealized<br> Appreciation** |
| U.S. Long Bond | March 2026 | 3 | Short | $(349839) | $(346781) | $3058 |

---

**OTC Written Options at December 31, 2025:**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Number of<br> Contracts** | **Expiration<br> Date** | **Exercise<br> Price** | **Notional<br> Amount** | **Fair<br> Value** | **Premiums<br> (Received)** | **Unrealized<br> Appreciation/<br> (Depreciation)** |
| CDX.NA.HY.S45 | Goldman Sachs | (5000000) | 2/18/2026 | $103 | $(5000000) | $(6891) | $(14675) | $7784 |

---

**OTC Options Purchased at December 31, 2025:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Number of<br> Contracts** | **Expiration<br> Date** | **Exercise<br> Price** | **Notional<br> Amount** | **Value** |
| CDX.NA.HY.S45 | Goldman Sachs | 5000000 | 2/18/2026 | $106 | $5000000 | $17366 |
| CDX.NA.IG.S45 | Goldman Sachs | 15000000 | 1/21/2026 | 0.00 | 15000000 | 693 |
| Total OTC Options Purchased |  |  |  |  |  | $18059 |

---

*See Notes to Schedule of Investments.* 7

**Schedule of Investments (unaudited)(concluded)**

*December 31, 2025*

The following is a summary of the inputs used as of December 31, 2025 in valuing the Fund's investments carried at fair value<sup>(1)</sup>:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type**<sup>(2)</sup> | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Long-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment Companies–Closed-End Fund | $3496679 | $– | $– | $3496679 |
| &nbsp;&nbsp;&nbsp;Municipal Bonds |  | 175106223 |  | 175106223 |
| &nbsp;&nbsp;&nbsp;OTC Options Purchased |  | 18059 |  | 18059 |
| &nbsp;&nbsp;&nbsp;Warrants |  |  | 0 | 0 |
| **Short-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Variable Rate Demand Notes |  | 1000000 |  | 1000000 |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | – | 859618 | – | 859618 |
| **Total** | $3496679 | $176983900 | $– | $180480579 |
| **Other Financial Instruments** |  |  |  |  |
| Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Assets | $3058 | $– | $– | $3058 |
| &nbsp;&nbsp;&nbsp;Liabilities |  |  |  |  |
| OTC Option Written |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Liabilities | – | (6891) | – | (6891) |
| **Total** | $3058 | $(6891) | $– | $(3833) |

---

<sup>(1)</sup> Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.

<sup>(2)</sup> See Schedule of Investments for fair values in each industry. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund's net assets.

8 *See Notes to Schedule of Investments.*

**Notes to Schedule of Investments (unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **ORGANIZATION** 

Lord Abbett Municipal Opportunities Fund (the "Fund") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as a non-diversified, closed-end management investment company that continuously offers its common shares and is operated as an interval fund. The Fund was organized as a Delaware statutory trust on July 3, 2024. The Fund had a sale to Lord, Abbett & Co. LLC ("Lord Abbett") of 10,000 shares of common stock for $100,000 ($10.00 per share). The Fund commenced operations on October 22, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **SIGNIFICANT ACCOUNTING POLICIES** 

---

| | |
|:---|:---|
| (a) | **Investment Valuation** **–**Under procedures approved by the Fund's Board of Trustees (the "Board"), the Board has designated the determination of fair value of the Fund's portfolio investments to Lord Abbett as its valuation designee. Accordingly, Lord Abbett is responsible for, among other things, assessing and managing valuation risks, establishing, applying and testing fair value methodologies, and evaluating pricing services. Lord Abbett has formed a pricing committee (the "Pricing Committee") that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow Lord Abbett, subject to Board oversight, to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value. |
|  | Fixed Income securities are valued based on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied valuations and the independent pricing services' own electronic data processing techniques. Exchange traded options and futures contracts are valued at the last quoted sale price in the market where they are principally traded. If no sale has occurred, the mean between the most recently quoted bid and ask prices is used. Swaps, options and options on swaps ("swaptions") are valued daily using independent pricing services or quotations from broker/dealers to the extent available. |
|  | Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may use observable inputs such as yield curves, broker quotes, observable trading activity, option-adjusted spread models and other relevant information to determine the fair value of portfolio investments. The Board or a designated committee thereof periodically reviews reports that may include fair value determinations made by the Pricing Committee, related market activity, inputs and assumptions, and retrospective comparison of prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee. |
|  | Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value. Investments in open-ended money market funds are valued at their net asset value as of the close of each business day. |
|  | **Fair Value Measurements** **–**Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would |

---

**Notes to Schedule of Investments (unaudited)(continued)**

use in pricing the asset or liability, including assumptions about risk - for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy classification is determined based on the lowest level of inputs that is significant to the fair value measurement, and is summarized in the three broad Levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – unadjusted
 quoted prices in active markets for identical investments;

• Level
 2 – other
 significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit
 risk, etc.); and

• Level 3 – significant
 unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

---

| |
|:---|
| A summary of inputs used in valuing the Fund's investments and other financial instruments as of December 31, 2025 and, if applicable, Level 3 rollforwards for the period then ended is included in the Fund's Schedule of Investments. |
| Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. |

---

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **FEDERAL TAX INFORMATION** 

It is the policy of the Fund to meet the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and to distribute substantially all taxable income and capital gains to its shareholders. Therefore, no income tax provision is required.

The Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The statute of limitations on the Fund's filed U.S. federal tax returns remains open generally three years after the filing of the tax return. The statutes of limitations on the Fund's state and local tax returns may remain open for an additional year depending upon the jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **SECURITIES LENDING AGREEMENT** 

The Fund has established a securities lending agreement with Citibank, N.A. for the lending of securities to qualified brokers in exchange for securities or cash collateral equal to at least the market value of securities loaned, plus interest, if applicable. Cash collateral is invested in an approved money market fund. In accordance with the Fund's securities lending agreement, the market value of securities on loan is determined each day at the close of business and any additional collateral required to cover the value of securities on loan is delivered to the Fund on the next business day. As with other extensions of credit, the Fund may experience a delay in the recovery of its securities or incur a loss should the borrower of the securities breach its agreement with the Fund or the borrower becomes insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan.

**Notes to Schedule of Investments (unaudited)(concluded)**

The initial collateral received by the Fund is required to have a value equal to at least 100% of the market value of the securities loaned. The collateral must be marked-to-market daily to cover increases in the market value of the securities loaned (or potentially a decline in the value of the collateral). In general, the risk of borrower default will be borne by Citibank, N.A.; the Fund will bear the risk of loss with respect to the investment of the cash collateral. The advantage of such loans is that the Fund continues to receive income on loaned securities while receiving a portion of any securities lending fees and earning returns on the cash amounts which may be reinvested for the purchase of investments in securities.

As of December 31, 2025, the Fund did not have any securities on loan.

QPHR-MOPPS-1Q<br> (02/26)

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Lord Abbett Municipal Opportunities Fund

- **b. Investment Company Act file number:** 811-23987

- **c. CIK number of Registrant:** 0002029852

- **d. LEI of Registrant:** 6367006NY8UZT1BP3D51

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 30 Hudson Street

  - **City:** Jersey City

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07302

  - **Telephone number:** 201-827-6890

**Item A.2. Information about the Series.**

- **a. Name of Series:** Lord Abbett Municipal Opportunities Fund

- **c. LEI of Series:** 6367006NY8UZT1BP3D51

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $180881338.59

**Total Liabilities:** $30186180.86

**Net Assets:** $150695157.73

**Cash Not Reported:** $8694.39

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -9.65000000 | **1-Year:** -202.94000000 | **5-Year:** -1237.91000000 | **10-Year:** -3926.38000000 | **30-Year:** -2151.33000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -213.80000000 | **1-Year:** -4568.40000000 | **5-Year:** -20733.19000000 | **10-Year:** -57974.70000000 | **30-Year:** -36554.44000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.89%                | 0.79%                | -0.09%               |
| Class ID N/A | 0.83%                | 0.73%                | -0.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $66398.11                | $430372.26                                 |
| Month 2  | $41767.41                | $222182.65                                 |
| Month 3  | $-175379.02              | $-620862.18                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### Schedule of Portfolio Investments

| Name                                                         | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AllianceBernstein National Municipal Income Fund Inc         | AllianceBernstein National Municipal Income Fund Inc                | CUSIP: 01864U106<br>LEI: MNYPOOOZYY8V01GEIT28 | Long             | EC               | RF                | US        |    115072 | NS      | $1245079.04   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ARIZONA INDL DEV AUTH HOSP REVENUE                           | Arizona Industrial Development Authority                            | CUSIP: 04052EBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1637451.00   | 1.09%             | 2054-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | Arkansas Development Finance Authority                              | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216804.32    | 0.14%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BNY Mellon Strategic Municipals Inc                          | BNY Mellon Strategic Municipals Inc                                 | CUSIP: 05588W108<br>LEI: 549300FH0LKMOBY7N332 | Long             | EC               | RF                | US        |    160000 | NS      | $1017600.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Desertxpress Enterprises LLC                                 | Desertxpress Enterprises LLC                                        | CUSIP: 05594N118<br>LEI: 254900UTS074X7B9VE11 | N/A              | DE               |  | US        |     13800 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BERKS CNTY PA MUNI AUTH                                      | Berks County Municipal Authority/The                                | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4241000 | PA      | $2935402.21   | 1.95%             | 2044-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACK RIDGE INFRASTRUCTURE FING DIST UT SPL ASSMNT           | Black Ridge Infrastructure Financing District                       | CUSIP: 09217JAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5129374.98   | 3.40%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BNY Mellon Strategic Municipal Bond Fund Inc                 | BNY Mellon Strategic Municipal Bond Fund Inc                        | CUSIP: 09662E109<br>LEI: 54930044KK4C1VDJ7M52 | Long             | EC               | RF                | US        |    200000 | NS      | $1234000.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | Buckeye Tobacco Settlement Financing Authority                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4845000 | PA      | $3928010.11   | 2.61%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | California Infrastructure & Economic Development Bank               | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2660000 | PA      | $1968400.00   | 1.31%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH COPS                             | California Municipal Finance Authority                              | CUSIP: 130493BZ1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947869.70    | 0.63%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                        | California Municipal Finance Authority                              | CUSIP: 13050WAF8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2434140.80   | 1.62%             | 2040-11-20      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | California Public Finance Authority                                 | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $2915519.71   | 1.93%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING RENTAL HOUSING REV | California Public Finance Authority                                 | CUSIP: 13057TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2995000 | PA      | $3196744.70   | 2.12%             | 2065-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING RENTAL HOUSING REV | California Public Finance Authority                                 | CUSIP: 13057TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1807691.73   | 1.20%             | 2065-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD FING AUTH TOBACCO SETTLEMENT              | California Statewide Financing Authority                            | CUSIP: 130923BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $126677.45    | 0.08%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FL FIN AUTH SENIOR LIVING REVENUE              | Capital Projects Finance Authority/FL                               | CUSIP: 14043HAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024720.90   | 0.68%             | 2065-01-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | Chester County Health and Education Facilities Authority            | CUSIP: 165579GJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $810993.47    | 0.54%             | 2032-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | Chester County Health and Education Facilities Authority            | CUSIP: 165579GL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $335747.44    | 0.22%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | Chester County Health and Education Facilities Authority            | CUSIP: 165579GM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $252087.78    | 0.17%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OH PORT AUTH LEASE REVENUE           | Cleveland-Cuyahoga County Port Authority                            | CUSIP: 18610RCG7<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3286339.98   | 2.18%             | 2049-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | Clifton Higher Education Finance Corp                               | CUSIP: 187145XR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4490000 | PA      | $4378601.30   | 2.91%             | 2055-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COPPERLEAF MET DIST #5 CO                                    | Copperleaf Metropolitan District No 5                               | CUSIP: 21765MAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1812080.70   | 1.20%             | 2055-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EAST NASSAU STEWARDSHIP DIST FL SPL ASSMNT REVENUE           | East Nassau Stewardship District                                    | CUSIP: 273794AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1346607.34   | 0.89%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST LOCAL GOVT FIN COMMISSION REVENUE                 | Florida Local Government Finance Commission                         | CUSIP: 34077KAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1036097.09   | 0.69%             | 2030-12-22      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | Golden State Tobacco Securitization Corp                            | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $1470508.50   | 0.98%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GRAPEVINE WASH LOCAL DIST UT                                 | Grapevine Wash Local District                                       | CUSIP: 38860EAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978533.90    | 0.65%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HAYMEADOW MET DIST #1 CO                                     | Haymeadow Metropolitan District No 1                                | CUSIP: 42089FAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3723694.98   | 2.47%             | 2054-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HGR EDU FACS FING AUTH FL HGR EDUCTNL FACS REVENUE           | Florida Higher Educational Facilities Financing Authority           | CUSIP: 42982GAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2986100.70   | 1.98%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HOBE ST LUCIE CONSERVANCY DIST FL                            | Hobe-St Lucie Conservancy District                                  | CUSIP: 434043AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1532023.95   | 1.02%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                                 | Illinois Finance Authority                                          | CUSIP: 45204FN27<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985818.20    | 0.65%             | 2046-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA PUBLIC HOSP DIST #4 HOSP REVENUE                | King County Public Hospital District No 4                           | CUSIP: 494796AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518537.75   | 1.01%             | 2045-12-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA PUBLIC HOSP DIST #4 HOSP REVENUE                | King County Public Hospital District No 4                           | CUSIP: 494796AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2866663.52   | 1.90%             | 2060-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LEGACY CMNTY AUTH CO LTD TAX SUPPORTED REVENUE               | Legacy Community Authority                                          | CUSIP: 52475RAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4140000 | PA      | $4193748.79   | 2.78%             | 2055-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENUE                              | Louisiana Public Facilities Authority                               | CUSIP: 546399US3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517861.85   | 1.01%             | 2053-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MARIETTA GA DEV AUTH                                         | Development Authority Of The City Of Marietta                       | CUSIP: 567656EB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2586669.00   | 1.72%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DIST UT                   | Mida Cormont Public Infrastructure District                         | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $851572.50    | 0.57%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MOON INDL DEV AUTH PA REVENUE                                | Moon Industrial Development Authority                               | CUSIP: 61543RAS5<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1891465.96   | 1.26%             | 2035-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY NY TOBACCO SETTLEMENT CORP                       | Nassau County Tobacco Settlement Corp                               | CUSIP: 63166MBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    804547 | PA      | $692442.41    | 0.46%             | 2026-06-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY NY TOBACCO SETTLEMENT CORP                       | Nassau County Tobacco Settlement Corp                               | CUSIP: 63166MCA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1223847.15   | 0.81%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS                               | New Hampshire Business Finance Authority                            | CUSIP: 63607WBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $779212.50    | 0.52%             | 2041-01-20      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS                               | New Hampshire Business Finance Authority                            | CUSIP: 63607WBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2288745.30   | 1.52%             | 2049-06-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH LEASE RENT REVENUE                      | New Hampshire Business Finance Authority                            | CUSIP: 63610TAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1349397.21   | 0.90%             | 2035-08-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE | New Hope Cultural Education Facilities Finance Corp                 | CUSIP: 64542PGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3317775.42   | 2.20%             | 2056-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH DOCK & WHARF FAC REVENUE         | New Jersey Economic Development Authority                           | CUSIP: 64578TAB0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1295486.50   | 0.86%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | New York Liberty Development Corp                                   | CUSIP: 649519DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300215.31    | 0.20%             | 2044-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | New York City Municipal Water Finance Authority                     | CUSIP: 64972GZW7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.66%             | 2033-06-15      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| NORMAN OK REGL HOSP AUTH HOSP REVENUE                        | Norman Regional Hospital Authority                                  | CUSIP: 656178EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $1480340.24   | 0.98%             | 2038-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NORTH LAS VEGAS NV LOCAL IMPT                                | City of North Las Vegas NV                                          | CUSIP: 66041HJE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5054746.00   | 3.35%             | 2055-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE             | Ohio Air Quality Development Authority                              | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2479189.08   | 1.65%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALOMAR HLTH CA REVENUE                                      | Palomar Health                                                      | CUSIP: 697528AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $126529.45    | 0.08%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | Pennsylvania Economic Development Financing Authority               | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3112539.60   | 2.07%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH RENTAL HSG REVENUE                  | Industrial Development Authority of the City of Phoenix Arizona/The | CUSIP: 71885LAD6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1941193.00   | 1.29%             | 2065-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                            | CUSIP: 74442PD36<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $280033.08    | 0.19%             | 2059-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                            | CUSIP: 74442PD44<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        | 168920000 | PA      | $1928694.78   | 1.28%             | 2064-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                            | CUSIP: 74442PP66<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056982.00   | 0.70%             | 2061-01-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                            | CUSIP: 74442PS48<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2697000 | PA      | $1108483.72   | 0.74%             | 2039-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                            | CUSIP: 74442PS97<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3400722.50   | 2.26%             | 2045-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL FAC REVENUE                           | Public Finance Authority                                            | CUSIP: 74446DAQ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2125187.40   | 1.41%             | 2054-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TOLL REVENUE                              | Public Finance Authority                                            | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1545691.05   | 1.03%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RENO NV SALES TAX REVENUE                                    | City of Reno NV                                                     | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $1028411.15   | 0.68%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SAVANNAH GEORGIA CONVENTION CTR AUTH GA CONVENTION CTR HOTEL | Savannah Georgia Convention Center Authority                        | CUSIP: 804828AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1603631.20   | 1.06%             | 2061-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TN HLTH EDUCTNL & HSG FACS BRD RETMNT FACS REV   | Shelby County Health Educational & Housing Facilities Board         | CUSIP: 82170KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2455000 | PA      | $1644872.10   | 1.09%             | 2059-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SILICON VLY CA TOBACCO SECURITIZATION AUTH TOBACCO SETTLEMEN | Silicon Valley Tobacco Securitization Authority                     | CUSIP: 82706TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $737300.60    | 0.49%             | 2041-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH SENIOR LIVING REVENUE   | South Carolina Jobs-Economic Development Authority                  | CUSIP: 83704KAC4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5007527.00   | 3.32%             | 2060-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                   | FIXED INC CLEARING CORP.REPO                                        | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    859618 | PA      | $859617.65    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District            | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL ENERGY SUPPLY REVE        | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4587839.08   | 3.04%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                           | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                | CUSIP: 64990F6V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $420679.12    | 0.28%             | 2052-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                 | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                          | CUSIP: 64972JNR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $429463.20    | 0.28%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority    | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                    | CUSIP: 57421CGJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413611.62    | 0.27%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                  | OKLAHOMA ST TURNPIKE AUTH                                           | CUSIP: 679111E91<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5429513.50   | 3.60%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                     | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                      | CUSIP: 650116JN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063874.20   | 0.71%             | 2050-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                | CUSIP: 13034A7C8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1317091.81   | 0.87%             | 2059-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority               | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                             | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12315121.20  | 8.17%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                     | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                      | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2113400.80   | 1.40%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                               | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                   | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6184833.00   | 4.10%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp of Los Angeles                    | LOS ANGELES CA MUNI IMPT CORPLEASE REVENUE                          | CUSIP: 5445875X2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5941016.95   | 3.94%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                               | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                   | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5669430.25   | 3.76%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERK INDL REGL PUBLIC INFRASTRUCTURE DIST UT TAX             | Verk Industrial Regional Public Infrastructure District             | CUSIP: 92348YAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1318282.38   | 0.87%             | 2047-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY OH HOSP REVENUE                              | County of Washington OH                                             | CUSIP: 938154DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3613279.60   | 2.40%             | 2052-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | Washington State Housing Finance Commission                         | CUSIP: 939783Z58<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3472043.75   | 2.30%             | 2061-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | Westchester County Local Development Corp                           | CUSIP: 95737TFX9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3295839.60   | 2.19%             | 2055-11-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                       | US LONG BOND(CBT) MAR26                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -3 | NC      | $3057.99      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                                  | 559641836 LAC                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | US        |  15000000 | NC      | $693.30       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                  | 594525825 LAC                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | US        |   5000000 | NC      | $17365.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                  | 594525864 LAC                                                       | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | US        |  -5000000 | NC      | $-6891.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-29

**Name of Applicant:** Lord Abbett Municipal Opportunities Fund

**Signature:** Michael Hebert

**Name of Signer:** Michael Hebert

**Title:** Chief Financial Officer