Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
AB Intermediate California Municipal A AICAX
- NAV / 1-Day Return 13.75 / +0.01 %
- Total Assets 1.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.760%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni Single State Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.48%
- Effective Duration —
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:14 PM GMT+0
Morningstar’s Analysis AICAX
Will AICAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
UNIVERSITY CALIF REVS 5% | 3.09 | 31.5 Mil | municipal |
LOS ANGELES CALIF 5% | 2.17 | 22.1 Mil | municipal |
LOS ANGELES CALIF UNI SCH DIST 5% | 1.89 | 19.2 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.95% | 1.69 | 17.2 Mil | municipal |
SAN DIEGO CALIF UNI SCH DIST 5% | 1.65 | 16.8 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 1.54 | 15.7 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5% | 1.51 | 15.4 Mil | municipal |
GLENDALE CALIF UNI SCH DIST 4% | 1.50 | 15.3 Mil | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.71% | 1.29 | 13.1 Mil | municipal |
IRVINE CALIF IMPT BD ACT 1915 3.3% | 1.28 | 13.0 Mil | municipal |