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Morningstar

AB Municipal Bond Inflation Strategy A AUNAX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 10.58  /  0.10 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.19%
  • Effective Duration 1.92 years

USD | NAV as of Dec 07, 2023 | 1-Day Return as of Dec 07, 2023, 12:39 AM GMT+0

Morningstar’s Analysis AUNAX

Will AUNAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AUNAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the AUNAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of AUNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

AB Municipal Bond Inflation Strategy A's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
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Portfolio Holdings AUNAX

More AUNAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 550
  • Other Holdings 6
  • % Assets in Top 10 Holdings 12.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST URBAN DEV CORP REV 5%

2.55
39,452,796
municipal

NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 5%

1.51
23,349,194
municipal

ENERGY NORTHWEST WASH ELEC REV 5%

1.31
20,311,932
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4.228%

1.27
19,763,238
municipal

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

1.26
19,459,820
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

1.15
17,804,883
municipal

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%

1.09
16,855,307
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5%

1.07
16,629,726
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5%

0.97
15,045,822
municipal

ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5%

0.97
15,008,166
municipal