# EDGAR Filing Document

**Accession Number:** 0002029852
**File Stem:** 0001752724-25-210833
**Filing Date:** 2025-8
**Character Count:** 58275
**Document Hash:** 2ad1d0175cc862428ce275643ab98f2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210833.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210833

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250930

**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:** 251269574

**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

![](x2_c113573x1x1.jpg)

Lord Abbett<br> Quarterly Portfolio Holdings Report

Lord Abbett<br> Municipal Opportunities Fund

*For the period ended June 30, 2025*

**Schedule of Investments (unaudited)**

*June 30, 2025*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **LONG-TERM INVESTMENTS 112.96%** |  |  |  |  |  |  |
| **MUNICIPAL BONDS 112.96%** |  |  |  |  |  |  |
| **Corporate-Backed 8.00%** |  |  |  |  |  |  |
| Arkansas Development Finance Authority–Hybar LLC AMT<sup>†</sup> | 7.375% |  | 7/1/2048 | NR | $200000 | $216918 |
| California Infrastructure & Economic Development Bank–Desertxpress Enterprises LLC AMT<sup>†</sup> | 9.50% | <sup>#(a)</sup> | 1/1/2065 | NR | 1000000 | 948203 |
| Hobe-St Lucie Conservancy District Unit of Development No 1A FL | 5.875% |  | 5/1/2055 | NR | 1500000 | 1490796 |
| Mobile County Industrial Development Authority–AM/NS Calvert LLC AL AMT | 5.00% |  | 6/1/2054 | BBB | 1000000 | 960377 |
| New York Liberty Development Corp.–3 World Trade Center LLC<sup>†</sup> | 7.25% |  | 11/15/2044 | NR | 300000 | 300194 |
| State of Nevada Department of Business & Industry–Desertxpress Enterprises LLC AMT<sup>†</sup> | 9.50% | <sup>#(a)</sup> | 1/1/2065 | NR | 1300000 | 1231750 |
| *Total* |  |  |  |  |  | 5148238 |
| **Education 16.78%** |  |  |  |  |  |  |
| California Infrastructure & Economic Development Bank<sup>(b)</sup> | 5.25% |  | 5/15/2059 | AA | 1230000 | 1281882 |
| Chester County Health & Education Facilities Authority–Immaculata University PA | 4.25% |  | 11/1/2032 | BB- <sup>(c)</sup> | 840000 | 759054 |
| Chester County Health & Education Facilities Authority–Immaculata University PA | 5.00% |  | 11/1/2041 | BB- <sup>(c)</sup> | 375000 | 312859 |
| Cleveland-Cuyahoga County Port Authority OH<sup>†</sup> | 5.875% |  | 1/1/2049 | NR | 800000 | 775482 |
| Development Authority of Cobb County–MT Bethel Christian Academy Inc GA<sup>†</sup> | 6.25% |  | 6/1/2064 | BB+ | 1000000 | 1008073 |
| Florida Higher Educational Facilities Financing Authority–Keiser University Obligated Group<sup>†(d)</sup> | 6.25% |  | 7/1/2055 | BB+ | 3000000 | 3005493 |
| Illinois Finance Authority–Benedictine University | 5.00% |  | 10/1/2038 | BB | 300000 | 248628 |
| Illinois Finance Authority–Illinois Institute of Technology<sup>†</sup> | 5.875% |  | 9/1/2046 | BB+ | 1000000 | 971315 |
| Louisiana Public Facilities Authority–Lafayette Renaissance Charter Academy<sup>†</sup> | 6.375% |  | 6/15/2053 | NR | 1500000 | 1495924 |

---

<br> *See Notes to Schedule of Investments.* 1

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

*June 30, 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)** |  |  |  |  |  |
| Massachusetts Development Finance Agency–Emmanuel College/MA | 5.00% | 10/1/2043 | Baa3 | $1000000 | $937173 |
| *Total* |  |  |  |  | 10795883 |
| **General Obligation 12.34%** |  |  |  |  |  |
| City of Chicago IL GO | 6.00% | 1/1/2050 | BBB | 1000000 | 1032465 |
| Grapevine Wash Local District–Grapevine Wash Local District Residential Facilities Fee Revenue UT GO<sup>†</sup> | 6.00% | 3/1/2055 | NR | 1000000 | 936201 |
| Haymeadow Metropolitan District No. 1 CO GO | 6.125% | 12/1/2054 | NR | 3625000 | 3651322 |
| Mida Cormont Public Infrastructure District UT GO<sup>†</sup> | Zero Coupon | 6/1/2055 | NR | 1000000 | 814932 |
| Mida Cormont Public Infrastructure District UT GO<sup>†</sup> | 6.25% | 6/1/2055 | NR | 725000 | 743815 |
| STC Metropolitan District No. 2 CO GO<sup>†</sup> | 6.25% | 12/1/2055 | NR | 750000 | 760211 |
| *Total* |  |  |  |  | 7938946 |
| **Health Care 32.42%** |  |  |  |  |  |
| Arizona Industrial Development Authority–Navajo Health Foundation-Sage Memorial Hospital Inc Obligated Group<sup>†</sup> | 7.625% | 5/1/2054 | NR | 1500000 | 1618777 |
| Berks County Municipal Authority–Tower Health Obligated Group PA | Zero Coupon | 6/30/2044 | NR | 2132000 | 1544789 |
| Bucks County Industrial Development Authority–Grand View Hospital/Sellersville Obligated Group PA | 4.00% | 7/1/2051 | B+ | 1000000 | 777897 |
| California Municipal Finance Authority–Palomar Health Obligated Group COPS<sup>†</sup> | 5.00% | 11/1/2027 | B | 1000000 | 932529 |
| California Public Finance Authority–QSH/MB LLC<sup>†</sup> | 6.75% | 7/1/2065 | NR | 495000 | 517687 |
| Capital Projects Finance Authority–Trilogy Community Development Foundation Inc Obligated Group FL† | 7.125% | 1/1/2065 | NR | 1000000 | 969888 |
| Chester County Health & Education Facilities Authority–Immaculata University PA | 5.00% | 11/1/2046 | BB- <sup>(c)</sup> | 300000 | 239241 |
| County of Washington–Marietta Area Health Care Inc Obligated Group OH | 6.75% | 12/1/2052 | NR | 1000000 | 1038035 |

---

<br> 2 *See Notes to Schedule of Investments.*

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

*June 30, 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)** |  |  |  |  |  |
| Louisiana Local Government Environmental Facilities & Community Development Authority–St James Place of Baton Rouge Obligated Group | 6.25% | 11/15/2045 | NR | $500000 | $485481 |
| Maryland Health & Higher Educational Facilities Authority<sup>(b)</sup> | 5.00% | 7/1/2054 | A+ | 200000 | 202766 |
| Maryland Health & Higher Educational Facilities Authority<sup>(b)</sup> | 5.25% | 7/1/2054 | A+ | 200000 | 202766 |
| Moon Industrial Development Authority–Baptist Homes Society Obligated Group PA | 5.75% | 7/1/2035 | NR | 400000 | 366805 |
| New Hope Cultural Education Facilities Finance Corp.–SLF CHP LLC TX<sup>†</sup> | 6.50% | 7/1/2056 | NR | 2200000 | 1992413 |
| Norman Regional Hospital Authority–Norman Regional Hospital Authority Obligated Group OK | 3.25% | 9/1/2038 | CCC | 2100000 | 1530727 |
| Orange County Health Facilities Authority<sup>(b)</sup> | 5.25% | 10/1/2056 | A+ | 2000000 | 2033394 |
| Orange County Health Facilities Authority<sup>(b)</sup> | 5.25% | 10/1/2056 | A+ | 1000000 | 1016697 |
| Palomar Health Obligated Group CA | 5.00% | 11/1/2039 | B | 110000 | 88818 |
| Public Finance Authority–Munificent Behavioral Hospitals I Inc Obligated Group WI<sup>†(d)</sup> | 7.25% | 1/1/2061 | NR | 1000000 | 1028289 |
| Public Finance Authority–QCF Behavioral Hospitals I Obligated Group WI<sup>†</sup> | Zero Coupon | 7/1/2064 | NR | 168920000 | 1798052 |
| Public Finance Authority–QCF Behavioral Hospitals I Obligated Group WI<sup>†</sup> | 7.50% | 7/1/2059 | NR | 250000 | 275785 |
| Public Finance Authority–RBS Evolution LLC WI<sup>†</sup> | 10.00% | 11/1/2038 | NR | 500000 | 565251 |
| Shelby County Health Educational & Housing Facilities Board–Luke Inc Obligated Group TN | 5.75% | 10/1/2059 | NR | 1500000 | 902915 |
| South Carolina Jobs-Economic Development Authority–Kiawah Life Plan Village Inc | 7.75% | 11/15/2058 | NR | 200000 | 210260 |
| Wisconsin Health & Educational Facilities Authority–Chiara Housing & Services Inc Obligated Group | 6.625% | 7/1/2060 | NR | 500000 | 515179 |
| *Total* |  |  |  |  | 20854441 |

---

<br> *See Notes to Schedule of Investments.* 3

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

*June 30, 2025*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Housing 6.97%** |  |  |  |  |  |  |
| California Public Finance Authority–P3 Irvine SL Holdings LLC Obligated Group<sup>†</sup> | 6.375% |  | 6/1/2059 | NR | $1800000 | $1622729 |
| California Public Finance Authority–P3 Irvine SL Holdings LLC Obligated Group<sup>†</sup> | 6.50% |  | 6/1/2054 | NR | 1200000 | 1123371 |
| New Hampshire Business Finance Authority<sup>†</sup> | 4.168% |  | 1/20/2041 | NR | 1000000 | 735942 |
| Vail Home Partners Corp.–Vail Home Partners Corp CO<sup>†</sup> | 6.00% |  | 10/1/2064 | NR | 1000000 | 1002071 |
| *Total* |  |  |  |  |  | 4484113 |
| **Other Revenue 0.00%** |  |  |  |  |  |  |
| Commonwealth of Puerto Rico GO | Zero Coupon | <sup>#(a)</sup> | 11/1/2051 | NR | 1964 | 1242 |
| **Special Tax 5.55%** |  |  |  |  |  |  |
| Black Desert Public Infrastructure District Black Desert Assessment Area No 1 UT<sup>†</sup> | 5.625% |  | 12/1/2053 | NR | 1500000 | 1485925 |
| Industrial Development Authority of the City of St. Louis Missouri | 4.75% |  | 11/15/2047 | NR | 1140000 | 970686 |
| New York City Transitional Finance Authority<sup>(b)</sup> | 5.50% |  | 5/1/2052 | AAA | 400000 | 424748 |
| Wolf Creek Infrastructure Financing District No. 1 Wolf Creek Assessment Area 1 UT | 5.75% |  | 12/1/2044 | NR | 700000 | 690747 |
| *Total* |  |  |  |  |  | 3572106 |
| **Tax Revenue 4.15%** |  |  |  |  |  |  |
| City of Reno–County of Washoe NV Sales Tax Revenue NV<sup>†</sup> | Zero Coupon |  | 7/1/2058 | NR | 7500000 | 1120616 |
| Mida Mountain Village Public Infrastructure District–Military Installation Development Auth Military Recreation Fac Project Area UT Tax Allocation<sup>†</sup> | 6.00% |  | 6/15/2054 | NR | 1125000 | 1131702 |
| New York State Dormitory Authority–State of New York Personal Income Tax Revenue<sup>(b)</sup> | 5.25% |  | 3/15/2052 | Aa1 | 400000 | 413834 |
| *Total* |  |  |  |  |  | 2666152 |
| **Tobacco 5.14%** |  |  |  |  |  |  |
| California Statewide Financing Authority | Zero Coupon |  | 6/1/2046 | NR | 500000 | 122713 |

---

<br> 4 *See Notes to Schedule of Investments.*

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

*June 30, 2025*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Credit<br> Rating:<br> S&P or<br> Moody's** | **Principal<br> Amount** | **Fair<br> Value** |
| **Tobacco (continued)** |  |  |  |  |  |  |
| Silicon Valley Tobacco Securitization Authority CA | Zero Coupon |  | 6/1/2041 | NR | $2000000 | $709303 |
| Tobacco Settlement Financing Corp. VA | 5.00% |  | 6/1/2047 | B- | 2845000 | 2472380 |
| *Total* |  |  |  |  |  | 3304396 |
| **Transportation 14.62%** |  |  |  |  |  |  |
| Florida Development Finance Corp.–AAF Operations Holdings LLC AMT<sup>†</sup> | 10.00% | <sup>#(a)</sup> | 7/15/2059 | NR | 500000 | 476132 |
| Florida Development Finance Corp.–AAF Operations Holdings LLC AMT<sup>†</sup> | 12.00% | <sup>#(a)</sup> | 7/15/2032 | NR | 250000 | 248750 |
| New Jersey Economic Development Authority–DRP Urban Renewal 4 LLC AMT<sup>†</sup> | 6.625% |  | 1/1/2045 | NR | 1250000 | 1276879 |
| Oklahoma Turnpike Authority<sup>(b)</sup> | 5.50% |  | 10/1/2054 | Aa3 | 5000000 | 5308247 |
| Public Finance Authority–Million Air Three Obligated Group WI<sup>†</sup> | 9.75% |  | 9/1/2054 | NR | 2000000 | 2095072 |
| *Total* |  |  |  |  |  | 9405080 |
| **Utilities 6.99%** |  |  |  |  |  |  |
| Southeast Energy Authority A Cooperative District AL<sup>(b)</sup> | 5.00% |  | 1/1/2056 | A1 | 4400000 | 4492941 |
| *Total Municipal Bonds* (cost $73,052,140) |  |  |  |  |  | 72663538 |
| **SHORT-TERM INVESTMENTS 7.41%** |  |  |  |  |  |  |
| **REPURCHASE AGREEMENTS 7.41%** |  |  |  |  |  |  |
| Repurchase Agreement dated 6/30/2025, 4.000% due 7/1/2025 with Fixed Income Clearing Corp. collateralized by $4,857,600 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $4,858,000; proceeds: $4,763,234<br> (cost $4,762,705) |  |  |  |  | 4762705 | 4762705 |
| *Total Investments in Securities 120.37%* (cost $77,814,845) |  |  |  |  |  | 77426243 |
| *Other Assets and Liabilities – Net<sup>(e)</sup> (20.37)%* |  |  |  |  |  | (13100308) |
| *Net Assets 100.00%* |  |  |  |  |  | $64325935 |

---

---

| | |
|:---|:---|
| AMT | Income from the security may be subject to Alternative Minimum Tax. |
| COPS | Certificates of Participation. |
| NR | Not Rated. |
| <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 June 30, 2025, the total value of Rule 144A securities was $35,226,371, which represents 54.76% of net assets. |
| <sup>#</sup> | Variable rate security. The interest rate represents the rate in effect at June 30, 2025. |
| <sup>(a)</sup> | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. |

---

<br> *See Notes to Schedule of Investments.* 5

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

*June 30, 2025*

<sup>(b)</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. See Notes to Schedule of Investments for details of Municipal Bonds Held in Trust.

<sup>(c)</sup> This investment has been rated by Fitch IBCA.

<sup>(d)</sup> Securities purchased on a when-issued basis.

<sup>(e)</sup> Other Assets and Liabilities – Net include net unrealized appreciation/(depreciation) on futures contracts as follows:

**Futures Contracts at June 30, 2025:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Expiration** | **Contracts** | **Position** | **Notional**<br> **Amount** | **Notional**<br> **Value** | **Unrealized**<br> **Depreciation** |
| U.S. Long Bond | September 2025 | 3 | Short | $(334513) | $(346406) | $(11893) |

---

The following is a summary of the inputs used as of June 30, 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;Municipal Bonds<sup>(3)</sup> | $– | $72663538 | $– | $72663538 |
| **Short-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | – | 4762705 | – | 4762705 |
| **Total** | $– | $77426243 | $– | $77426243 |
| **Other Financial Instruments** |  |  |  |  |
| Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Assets | $– | $– | $– | $– |
| &nbsp;&nbsp;&nbsp;Liabilities | (11893) | – | – | (11893) |
| **Total** | $(11893) | $– | $– | $(11893) |

---

<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. Industries are presented within an Investment Type should such Investment Type include securities classified as two or more levels within the three-tier fair value hierarchy. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

<sup>(3)</sup> Includes Municipal Bonds held in the Trust.

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.

6 *See Notes to Schedule of Investments.*

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

**1.** **ORGANIZATION** 

Lord Abbett Municipal Opportunities Fund (the "Fund") is registered under the Investment Company Act of 1940, as amended (the "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.

**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 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. |
|  | 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 related or comparable assets or liabilities, recent transactions, market multiples, book values, 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-end money market mutual funds are valued at their net asset value as of the close of each business day. |
| (b) | **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;• 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 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 June 30, 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. |

---

**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.

**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 June 30, 2025, the Fund did not have any securities on loan.

QPHR-MOPPS-3Q<br> (08/25)

## 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:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $76909819.84

**Total Liabilities:** $13954729.10

**Net Assets:** $62955090.74

**Delayed Delivery Securities:** $5038180.00

**Cash Not Reported:** $19989.21

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -7.41000000 | **1-Year:** -192.13000000 | **5-Year:** -812.98000000 | **10-Year:** -3948.42000000 | **30-Year:** -5703.81000000

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

- **3-Month:** -66.82000000 | **1-Year:** -2087.24000000 | **5-Year:** -9066.24000000 | **10-Year:** -21956.32000000 | **30-Year:** -12426.06000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.64%               | 0.51%                | 0.91%                |
| Class ID N/A | -1.68%               | 0.34%                | 0.85%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7559.49                | $-592199.00                                |
| Month 2  | $-38318.81               | $-10907.61                                 |
| Month 3  | $8420.15                 | $304853.86                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                     | Bucks County Industrial Development Authority                                    | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $777897.40    | 1.24%             | 2051-07-01      | Fixed         | 4.00%                 | 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      | $936200.70    | 1.49%             | 2055-03-01      | Fixed         | 6.00%                 | 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      | $405498.70    | 0.64%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE           | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97671VCU7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515179.20    | 0.82%             | 2060-07-01      | Fixed         | 6.62%                 | 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      | $3651322.21   | 5.80%             | 2054-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA DEV AUTH EDUCTNL FACS REVENUE                   | Development Authority of Cobb County/The                                         | CUSIP: 190782AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008072.90   | 1.60%             | 2064-06-01      | Fixed         | 6.25%                 | 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      | $424747.88    | 0.67%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK DESERT PUB INFRASTRUCTURE DIST UT SPL ASSMNT           | Black Desert Public Infrastructure District                                      | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1485924.75   | 2.36%             | 2053-12-01      | Fixed         | 5.62%                 | 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        |   2200000 | PA      | $1992413.28   | 3.16%             | 2056-07-01      | Fixed         | 6.50%                 | 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        |    800000 | PA      | $775481.68    | 1.23%             | 2049-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                                         | CUSIP: 74442PP66<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028289.40   | 1.63%             | 2061-01-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                       | US LONG BOND(CBT) SEP25                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -3 | NC      | $-11893.09    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL FAC REVENUE                           | Public Finance Authority                                                         | CUSIP: 74446DAN8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095072.20   | 3.33%             | 2054-09-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                                   | City of Chicago IL                                                               | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032465.10   | 1.64%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY OH HOSP REVENUE                              | County of Washington OH                                                          | CUSIP: 938154DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038034.90   | 1.65%             | 2052-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH      | Louisiana Local Government Environmental Facilities & Community Development Auth | CUSIP: 546282H72<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485481.20    | 0.77%             | 2045-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                                 | Illinois Finance Authority                                                       | CUSIP: 45204FN27<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971315.00    | 1.54%             | 2046-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                           | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      1964 | PA      | $1242.46      | 0.00%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DIST UT                   | Mida Cormont Public Infrastructure District                                      | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $743815.20    | 1.18%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                                         | CUSIP: 74442PB61<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $565250.70    | 0.90%             | 2038-11-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | California Public Finance Authority                                              | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1123371.60   | 1.78%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP VA                              | Tobacco Settlement Financing Corp/VA                                             | CUSIP: 88880NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2472380.11   | 3.93%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO INDL DEV AUTH FING REVENUE                    | Industrial Development Authority of the City of St Louis Missouri/The            | CUSIP: 85236BAC6<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $970686.29    | 1.54%             | 2047-11-15      | Fixed         | 4.75%                 | 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      | $735942.00    | 1.17%             | 2041-01-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                    | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                            | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033393.60   | 3.23%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RENO NV SALES TAX REVENUE                                    | City of Reno NV                                                                  | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $1120615.50   | 1.78%             | 2058-07-01      | None          | 0.00%                 | 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      | $413833.52    | 0.66%             | 2052-03-15      | Fixed         | 5.25%                 | 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      | $312859.09    | 0.50%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | Mida Mountain Village Public Infrastructure District                             | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1131702.30   | 1.80%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                    | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                            | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016696.80   | 1.61%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                   | Public Finance Authority                                                         | CUSIP: 74442PD36<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $275784.78    | 0.44%             | 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      | $1798052.05   | 2.86%             | 2064-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA MUNI AUTH                                      | Berks County Municipal Authority/The                                             | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2132000 | PA      | $1544788.57   | 2.45%             | 2044-06-30      | None          | 0.00%                 | 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      | $216918.48    | 0.34%             | 2048-07-01      | Fixed         | 7.38%                 | 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      | $1276878.75   | 2.03%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG FACS REVENUE                  | Vail Home Partners Corp                                                          | CUSIP: 91879VAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002070.90   | 1.59%             | 2064-10-01      | Fixed         | 6.00%                 | 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        |   1500000 | PA      | $902915.10    | 1.43%             | 2059-10-01      | Fixed         | 5.75%                 | 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      | $1495924.20   | 2.38%             | 2053-06-15      | Fixed         | 6.38%                 | 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      | $239240.97    | 0.38%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | Chester County Health and Education Facilities Authority                         | CUSIP: 165579GJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $759054.41    | 1.21%             | 2032-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 70917TTU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052978.70   | 1.67%             | 2055-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                                 | Illinois Finance Authority                                                       | CUSIP: 45204EUH9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    300000 | PA      | $248627.52    | 0.39%             | 2038-10-01      | Fixed         | 5.00%                 | 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      | $4436078.20   | 7.05%             | 2056-01-01      | Variable      | 5.00%                 | 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      | $932529.50    | 1.48%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                             | CUSIP: 88035PMF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1289772.25   | 2.05%             | 2059-05-15      | Variable      | 0.00%                 | 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        |   2100000 | PA      | $1530726.96   | 2.43%             | 2038-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                   | FIXED INC CLEARING CORP.REPO                                                     | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   4762705 | PA      | $4762705.22   | 7.57%             |  |  |  | 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      | $3005492.70   | 4.77%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEVADA DEPT OF BUSINESS & INDUSTRY NV REVENUE                | State of Nevada Department of Business & Industry                                | CUSIP: 641455AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1231750.00   | 1.96%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                  | OKLAHOMA ST TURNPIKE AUTH                                                        | CUSIP: 679111E91<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5307947.00   | 8.43%             | 2054-01-01      | Variable      | 10.55%                | 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      | $122713.40    | 0.19%             | 2046-06-01      | None          | 0.00%                 | 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      | $709302.40    | 1.13%             | 2041-06-01      | None          | 0.00%                 | 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      | $1490796.30   | 2.37%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MOON INDL DEV AUTH PA REVENUE                                | Moon Industrial Development Authority                                            | CUSIP: 61543RAS5<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |    400000 | PA      | $366805.00    | 0.58%             | 2035-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STC MET DIST #2 CO                                           | STC Metropolitan District No 2                                                   | CUSIP: 85780TBD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760210.58    | 1.21%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REVENUE                         | Massachusetts Development Finance Agency                                         | CUSIP: 57584XPY1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937173.30    | 1.49%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP                                      | Florida Development Finance Corp                                                 | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $248750.00    | 0.40%             | 2032-07-15      | Floating      | 12.00%                | 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      | $300194.07    | 0.48%             | 2044-11-15      | Fixed         | 7.25%                 | 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        |    495000 | PA      | $517686.59    | 0.82%             | 2065-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PALOMAR HLTH CA REVENUE                                      | Palomar Health                                                                   | CUSIP: 697528AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $88818.13     | 0.14%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP                                      | Florida Development Finance Corp                                                 | CUSIP: 340618DY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $476131.60    | 0.76%             | 2059-07-15      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | California Infrastructure & Economic Development Bank                            | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948202.90    | 1.51%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | 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      | $1618777.05   | 2.57%             | 2054-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECON DEV AUTH                            | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704EAD6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210259.68    | 0.33%             | 2058-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | Mobile County Industrial Development Authority                                   | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960376.60    | 1.53%             | 2054-06-01      | 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      | $814931.70    | 1.29%             | 2055-06-01      | None          | 0.00%                 | 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        |    300000 | PA      | $270454.83    | 0.43%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WOLF CREEK INFRASTRUCTURE FING DIST #1 UT SPL ASSMNT         | Wolf Creek Infrastructure Financing District No 1                                | CUSIP: 977695AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $690747.26    | 1.10%             | 2044-12-01      | Fixed         | 5.75%                 | 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      | $969887.60    | 1.54%             | 2065-01-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** Michael Hebert

**Name of Signer:** Michael Hebert

**Title:** Chief Financial Officer