AB High Income Municipal Portfolio Advisor ClassABTYX

11.05
0.01 / 0.09%
10.79 - 11.91+1.27
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close Mar 22 2017.

Total returns on $10,000

As of Feb 28 2017. 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
Terrance Hults
26/01/2010
Robert Davidson
26/01/2010
Matthew Norton
28/01/2016

Investment

Pricing frequencyDaily
Total net assets
1.32bn USDAs of Feb 28 2017
Net expense ratio0.55%
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
99.16%
Cash
0.84%
Other
0.00%
Non-US bond
0.00%
Non-US stock
0.00%
US stock
0.00%

Top 5 sectors

Municipal Tax-Exempt
94.35%
Government Related
2.95%
Municipal Taxable
1.86%
Cash & Equivalents
0.84%

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
Tobacco Settlement Fing Corp N Asset 5%--1.65%
Buckeye Ohio Tob Settlement Fi To 5.875%--1.62%
Tobacco Settlement Fing Corp V Asset 5%--1.43%
Jefferson Cnty Ala Swr Rev Swr Rev W 6%--1.07%
New York Transn Dev Corp Spl F Spl Fa 5%--0.93%
Data delayed at least 15 minutes, as of Jan 31 2017. 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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