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 Intermediate New York Municipal A ANIAX
- NAV / 1-Day Return 13.46 / +0.09 %
- Total Assets 1.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.760%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni Single State Short
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.35%
- Effective Duration 4.56 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0
Morningstar’s Analysis ANIAX
Will ANIAX 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 16.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
METROPOLITAN TRANSN AUTH N Y REV 5% | 2.45 | 31.4 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5% | 1.97 | 25.3 Mil | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH REV 5% | 1.95 | 25.0 Mil | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4.15% | 1.66 | 21.3 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 1.58 | 20.2 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | 1.57 | 20.1 Mil | Cash and Equivalents |
NEW YORK LIBERTY DEV CORP LIBERTY REV 2.625% | 1.57 | 20.1 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 2.45% | 1.41 | 18.1 Mil | municipal |
HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5% | 1.38 | 17.7 Mil | municipal |
CORNING N Y CITY SCH DIST 5% | 1.33 | 17.0 Mil | Cash and Equivalents |