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 Diversified Muni A AIDAX
- NAV / 1-Day Return 13.92 / +0.02 %
- Total Assets 5.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.690%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.64%
- Effective Duration 4.16 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0
Morningstar’s Analysis AIDAX
Will AIDAX 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 8.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | 1.10 | 53.5 Mil | municipal |
CALIFORNIA ST 5% | 1.03 | 50.0 Mil | municipal |
MICHIGAN FIN AUTH REV 5% | 1.02 | 49.5 Mil | municipal |
PHILADELPHIA PA SCH DIST 5% | 0.99 | 47.9 Mil | Cash and Equivalents |
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | 0.93 | 45.0 Mil | municipal |
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | 0.90 | 43.5 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5% | 0.84 | 40.8 Mil | municipal |
NEW JERSEY ST TPK AUTH TPK REV 5% | 0.82 | 40.0 Mil | municipal |
ILLINOIS ST 5% | 0.74 | 35.7 Mil | municipal |
CALIFORNIA ST 5% | 0.64 | 31.0 Mil | municipal |