Skip to Content
Morningstar

abrdn Intmdt Muncpl Inc Instl ABEIX

Morningstar Medalist Rating
Medalist Rating as of | See abrdn Investment Hub
  • NAV / 1-Day Return 8.66  /  0.24 %
  • Total Assets 44.2 Mil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.56%
  • Effective Duration 5.37 years

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:10 PM GMT+0

Morningstar’s Analysis ABEIX

Will ABEIX 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 ABEIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ABEIX 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 ABEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit abrdn Intmdt Muncpl Inc Instl 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ABEIX

More ABEIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 81
  • Other Holdings 2
  • % Assets in Top 10 Holdings 30.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ST TRANSN TR FD AUTH 5%

4.87
2,092,620
municipal

MISSISSIPPI BUSINESS FIN CORP MISS REV 5.38%

4.52
1,943,469
municipal

DIRECTOR ST NEV DEPT BUSINESS & INDUSTRY 8.125%

3.54
1,520,568
municipal

HARRIS CNTY TEX HEALTH FACS DEV CORP REV 5.75%

2.87
1,233,226
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.74
1,176,987
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%

2.65
1,138,527
municipal

HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 4%

2.44
1,050,444
municipal

NASSAU CNTY N Y LOC ECONOMIC ASSISTANCE CORP REV 5%

2.37
1,019,398
municipal

HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5%

2.35
1,008,607
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%

2.31
990,994
municipal