Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
AB Municipal Income II Minnesota C AMNCX
- NAV / 1-Day Return 9.58 / +0.12 %
- Total Assets 30.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.600%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category Muni Minnesota
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.54%
- Effective Duration 6.69 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0
Morningstar’s Analysis AMNCX
Will AMNCX 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 42.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MINNEAPOLIS MINN HEALTH CARE SYS REV 5% | 6.86 | 2.1 Mil | municipal |
ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11 CTFS PARTN 5% | 5.66 | 1.7 Mil | municipal |
ST PAUL MINN HSG & REDEV AUTH REV 5% | 5.41 | 1.6 Mil | municipal |
CLOQUET MINN INDPT SCH DIST NO 094 5% | 4.04 | 1.2 Mil | municipal |
MINNESOTA ST HIGHER ED FACS AUTH REV 5% | 3.61 | 1.1 Mil | municipal |
MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | 3.50 | 1.0 Mil | municipal |
MINNEAPOLIS MINN HEALTH CARE SYS REV 5% | 3.49 | 1.0 Mil | municipal |
MINNEAPOLIS MINN SPL SCH DIST NO 001 5% | 3.48 | 1.0 Mil | municipal |
SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | 3.44 | 1.0 Mil | municipal |
MAPLE GROVE MINN HEALTH CARE FACS REV 5% | 3.39 | 1.0 Mil | municipal |