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 Municipal Income II Minnesota A AMNAX
- NAV / 1-Day Return 9.52 / 0.00
- Total Assets 31.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.850%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni Minnesota
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.36%
- Effective Duration 6.39 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis AMNAX
Will AMNAX 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 42.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MINNEAPOLIS MINN HEALTH CARE SYS REV 5% | 6.47 | 2.1 Mil | municipal |
ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11 CTFS PARTN 5% | 5.35 | 1.7 Mil | municipal |
ST PAUL MINN HSG & REDEV AUTH REV 5% | 4.98 | 1.6 Mil | municipal |
ST PAUL MINN SALES TAX REV 5% | 4.79 | 1.5 Mil | municipal |
CLOQUET MINN INDPT SCH DIST NO 094 5% | 3.86 | 1.2 Mil | municipal |
MINNESOTA ST HIGHER ED FACS AUTH REV 5% | 3.53 | 1.1 Mil | municipal |
MINNEAPOLIS MINN HEALTH CARE SYS REV 5% | 3.42 | 1.1 Mil | municipal |
MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | 3.40 | 1.1 Mil | municipal |
MINNEAPOLIS MINN SPL SCH DIST NO 001 5% | 3.37 | 1.1 Mil | municipal |
SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | 3.32 | 1.1 Mil | municipal |