AMAAX – AB Municipal Income II Massachusetts A Investment Strategy | Morningstar

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Strategy

The investment seeks to earn the highest level of current income exempt from both federal income tax and Commonwealth of Massachusetts personal income tax that is available without assuming what the Adviser considers to be undue risk. The fund invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal AMT for certain taxpayers. It normally invests at least 80% of its net assets in municipal securities of Massachusetts or municipal securities with interest that is otherwise exempt from Massachusetts state income tax.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AMAYX	AB Municipal Income Fund II Massachusetts Portfolio Advisor Class	No Load	Open			Jul 25, 2016	$189.02M	0.520%	Average	—	$22.03M
AMAAX	AB Municipal Income Fund II Massachusetts Portfolio Class A	Front Load	Open			Mar 29, 1994	$71.77M	0.770%	Below Average	$2,500	$2.76M
AMACX	AB Municipal Income Fund II Massachusetts Portfolio Class C	Level Load	Open			Mar 29, 1994	$1.46M	1.520%	Average	$2,500	−$591,854.02

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