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 Municipal Income II Virginia A AVAAX
- NAV / 1-Day Return 10.48 / +0.03 %
- Total Assets 199.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni Single State Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.33%
- Effective Duration 6.42 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:10 AM GMT+0
Morningstar’s Analysis AVAAX
Will AVAAX 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 26.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG | 4.29 | 8.5 Mil | municipal |
METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5% | 2.68 | 5.3 Mil | municipal |
HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5% | 2.64 | 5.2 Mil | municipal |
RICHMOND VA PUB UTIL REV 5% | 2.62 | 5.2 Mil | municipal |
VIRGINIA SMALL BUSINESS FING AUTH REV 5% | 2.53 | 5.0 Mil | municipal |
VIRGINIA SMALL BUSINESS FING AUTH REV 4% | 2.43 | 4.8 Mil | municipal |
METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% | 2.40 | 4.8 Mil | municipal |
HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5% | 2.21 | 4.4 Mil | municipal |
WASHINGTON D C MET AREA TRAN AUTH GROSS REV 5% | 2.13 | 4.2 Mil | municipal |
VIRGINIA PORT AUTH PORT FAC REV 5% | 2.13 | 4.2 Mil | municipal |