AllianceBernstein High Income Municipal Portfolio Advisor ClassABTYX

10.88
0.04 / 0.37%
9.92 - 11.04+1.26
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Jul 08 2014.

Total returns on $10,000

As of Jun 30 2014.Fund performance

Objective

The investment seeks to earn the highest level of current income, exempt from federal income tax, that is available consistent with what the Adviser considers to be an appropriate level of risk. The fund invests principally in high-yielding municipal securities that may be non-investment grade or investment grade. It normally invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the AMT for certain taxpayers. The fund may invest without limit in lower-rated securities.

Profile

Fund typeOpen Ended Investment Company
Investment style (bonds)
Credit Quality: Low
Interest-Rate Sensitivity: Ext
Morningstar categoryHigh Yield Muni
Launch date26/01/2010
Price currencyUSD
DomicileUnited States
SymbolABTYX
Manager & start date
Wayne Godlin
26/01/2010
Terrance Hults
26/01/2010
Michael Brooks
26/01/2010
Robert Davidson III
26/01/2010

Investment

Pricing frequencyDaily
Total net assets
788.32m USDAs of Jun 30 2014
Net expense ratio0.50%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment0.00 USD
Min. additional investment--
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
96.37%
Cash
2.94%
Other
0.69%
US stock
0.00%
Non-US stock
0.00%
Non-US bond
0.00%

Top 5 sectors

Municipal Tax-Exempt
96.37%
Cash & Equivalents
2.94%

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Jefferson Cnty Ala Swr Rev Swr Rev W 6%--2.61%
California St For Previous Iss Go Bds 5%--2.12%
California Pollution Ctl Fing Wtr Fur 5%--1.80%
Tobacco Settlement Fing Corp N Asset 5%--1.54%
Buckeye Ohio Tob Settlement Fi To 5.875%--1.45%
Data delayed at least 15 minutes, as of May 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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