Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
AB Municipal Income New York A ALNYX
- NAV / 1-Day Return 9.16 / +0.12 %
- Total Assets 495.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.760%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Muni New York Intermediate
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.80%
- Effective Duration —
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis ALNYX
Will ALNYX 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 22.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NEW YORK TRANSN DEV CORP SPL FAC REV 5% | 2.88 | 14.2 Mil | municipal |
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% | 2.61 | 12.9 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y REV 5% | 2.43 | 12.0 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5.25% | 2.29 | 11.3 Mil | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | 2.24 | 11.1 Mil | municipal |
TSASC INC N Y 5% | 2.23 | 11.0 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | 2.17 | 10.8 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 2.09 | 10.4 Mil | municipal |
NEW YORK TRANSN DEV CORP EXEMPT FAC REV 4% | 1.96 | 9.7 Mil | municipal |
NEW YORK CONVENTION CTR DEV CORP N Y REV 5% | 1.90 | 9.4 Mil | municipal |