Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
AB Intermediate California Municipal C ACMCX
- NAV / 1-Day Return 13.88 / 0.00
- Total Assets 1.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.510%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Muni Single State Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.81%
- Effective Duration 4.30 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0
Morningstar’s Analysis ACMCX
Will ACMCX 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 16.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
UNIVERSITY CALIF REVS 5% | 3.04 | 31.0 Mil | municipal |
LOS ANGELES CALIF 5% | 2.84 | 29.0 Mil | Cash and Equivalents |
LOS ANGELES CALIF UNI SCH DIST 5% | 2.55 | 26.0 Mil | municipal |
LOS ANGELES CALIF UNI SCH DIST 5% | 1.86 | 19.0 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.95% | 1.69 | 17.2 Mil | municipal |
SAN DIEGO CALIF UNI SCH DIST 5% | 1.64 | 16.7 Mil | Cash and Equivalents |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 1.53 | 15.6 Mil | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.77% | 1.28 | 13.1 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 1.13 | 11.5 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.13 | 11.5 Mil | municipal |