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Morningstar

AB Municipal Income II Arizona A AAZAX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 10.13  /  −0.29 %
  • Total Assets 79.6 Mil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.790%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.77%
  • Effective Duration —

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0

Morningstar’s Analysis AAZAX

Will AAZAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAZAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAZAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAZAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit AB Municipal Income II Arizona A to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AAZAX

More AAZAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GILBERT ARIZ WTR RES MUN PPTY CORP UTIL SYS REV 4%

6.06 5.1 Mil
municipal

BUCKEYE ARIZ EXCISE TAX REV 5%

4.22 3.5 Mil
municipal

ARIZONA HEALTH FACS AUTH REV 5%

3.62 3.0 Mil
municipal

SALT VERDE FINL CORP GAS REV ARIZ 5%

3.28 2.7 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5%

3.17 2.6 Mil
municipal

MCALLISTER ACADEMIC VLG ARIZ LLC REV D/B/A HASSAYAMPA ACADEMIC VILLAGE 5%

3.09 2.6 Mil
municipal

GLENDALE ARIZ MUN PPTY CORP EXCISE TAX REV 5%

3.00 2.5 Mil
municipal

ARIZONA INDL DEV AUTH STUDENT HSG REV 5%

2.86 2.4 Mil
municipal

ARIZONA SPORTS & TOURISM AUTH SR REV 5%

2.68 2.2 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 4%

2.64 2.2 Mil
municipal