AB High Income Municipal’s team runs lean, and persistent turnover limits our confidence in the group’s ability to operate this aggressive approach to high-yield munis.
AB High Income Municipal C ABTFX
- NAV / 1-Day Return 10.44 / +0.12 %
- Total Assets 2.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.900%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 3.07%
- Effective Duration 10.33 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0
Morningstar’s Analysis ABTFX
Will ABTFX 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 9.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MARYLAND ST STAD AUTH REV 5% | 1.63 | 48.5 Mil | municipal |
TOBACCO SETTLEMENT FING CORP N J 5% | 1.61 | 47.9 Mil | municipal |
CHILDRENS TR FD P R TOB SETTLEMENT REV 0% | 0.90 | 26.7 Mil | municipal |
TOBACCO SETTLEMENT FING CORP VA 5% | 0.89 | 26.6 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.83 | 24.5 Mil | municipal |
PUERTO RICO COMWLTH 0% | 0.81 | 24.0 Mil | municipal |
PUBLIC FIN AUTH WIS REV 5.75% | 0.81 | 23.9 Mil | municipal |
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 1% | 0.71 | 21.0 Mil | municipal |
ARC70 II TR CALIF 4.84% | 0.62 | 18.3 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | 0.62 | 18.3 Mil | municipal |