AllianceBernstein High Income Municipal Portfolio Class A (ABTHX)

11.64
Net Asset Value
-0.09%
1 Day
+0.78%
Year-to-Date
Overall Morningstar Rating
High yield muni
Style or Category
3
Sales Expenses
1.00%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to earn the highest level of current income, exempt from federal income tax, that is available consistent with what the Adviser considers to be an appropriate level of risk. The fund invests principally in high-yielding municipal securities that may be non-investment grade or investment grade. It normally invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax ("AMT") for certain taxpayers. The fund may invest without limit in lower-rated securities.

Performance

1 month+0.78% 3 years+10.26%
3 months+1.45% 5 years--
1 year+10.37% Since inception+10.42%
Data through --

Peer Comparisonvs. High yield muni

 ABTHXCategory
Performance 5-yr return--+5.68%
Expense ratio1.00%1.06%
Risk 5 year sharpe ratio--0.63
Net assets$1.5B$2.0B
Average market cap----
Average P/E----
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyAllianceBernstein
Fund manager & tenureWayne Godlin / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- California Pollution Ctl Fing Wtr Fur 5%1.64%
-- Houston Tex Util Sys Rev Comb Util 5%1.39%
-- Salt Verde Finl Corp Sr Gas Re Senior 5%1.29%
-- Buckeye Ohio Tob Settlement Fi To 5.875%1.22%
-- Tobacco Settlement Fing Corp V Asset 5%1.21%
-- Washington St Hsg Fin Commn No Rev 6.75%1.07%
-- Virginia Small Busn Fing A Rev Bds 5%1.01%
-- Virginia Small Busn Fing A Rev Bds 5.5%0.99%
-- Indiana Fin Auth 5%0.92%
-- Tobacco Settlement Fing Corp N Asset 5%0.87%

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