Advertisement
Skip to Content
Morningstar

AB Diversified Municipal SNDPX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 13.88  /  0.02 %
  • Total Assets 5.3 Bil
  • Adj. Expense Ratio
    0.369%
  • Expense Ratio 0.470%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 25,000
  • Status Open
  • TTM Yield 2.17%
  • Effective Duration 3.54 years

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis SNDPX

Will SNDPX 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 SNDPX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SNDPX 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 SNDPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid team and investment approach support this effort.

Analyst

Summary

| by Saraja Samant

AB Intermediate Diversified benefits from an experienced team that leverages the quantitative resources to implement an efficient process. However, the relatively higher cost weighs down these positives, making it difficult to outpace its competitors. This results in a Morningstar Analyst Rating of Neutral for its cheapest share classes and a Negative for its most expensive one.

Unlock our full analysis with Morningstar Investor