AB Intermediate Diversified Municipal still has a veteran team in place despite the announced retirement of a longtime portfolio manager. Regardless of the strategy’s consistent process, under the new Morningstar Analyst Rating methodology the strategy drops to Neutral from Bronze for most share classes and Negative for the most expensive C share class.
Will AIDZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AIDZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AIDZX 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 AIDZX’s parent organization’s priorities and whether they’re in line with investors’ interests.