AB High Income Municipal has an experienced team and an efficient approach that leverages quantitative resources, but its credit research does not stand out from peers, supporting a Morningstar Analyst Rating of Neutral for all share classes.
Will ABTFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABTFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ABTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ABTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.