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    AB Municipal Income National A (ALTHX)

    10.27 0.00(0.00%) Nov 30

    Profile as of Oct 30, 2015Get Profile for:
    AB Municipal Income National A
    AllianceBernstein Muni Income Fund1345 Avenue Of The AmericasNew York, NY 10105
    Phone: 800-227-4618
    Fund Overview 
    Category:Muni National Interm
    Fund Family:AllianceBernstein
    Net Assets:1.07B
    Year-to-Date Return:1.49%
    Morningstar Rating:4 stars
    Fund Inception Date:Dec 29, 1986
    Morningstar Style Box 
    Muni National Interm
    [View Category Definition]
    View Top Muni National Interm Funds
    About the Morningstar Style Box
    Management Information 
    Terrance T. Hults
    Lead Manager since Jun 1, 1995
    "Portfolio Manager Terrance T. Hults is a member of the Tax-Exempt Fixed-Income Investment Policy Group. Prior to joining the firm, he was an associate in the Municipal Derivative Products department at Merrill Lynch Capital Markets, where he specialized in securities arbitrage. These transactions involved issuers and investors, as well as proprietary trading and utilized futures, options, interest-rate swaps, and other over-the-counter derivative structures. Hults received a BA in economics from Williams College and an MBA in finance from Columbia University. Location: New York "
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:2,500
    Min Initial Investment, AIP:0
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:50
    Min Subsequent Investment, AIP:50
    ALTHX can be purchased from 109 brokerages.

    Fund Summary 
    The investment seeks to earn the highest level of current income, exempt from federal income tax, which is available without assuming what the Adviser considers to be undue risk to principal or income. The fund invests principally in high-yielding, predominantly investment grade municipal securities. It 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 more than 25% of its assets in a single state.

    Fund Operations 
    Last Dividend (Oct 29, 2015) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 26, 2015) : 6.00%
    Average for Category:33.63%
    Fees & Expenses 
    ExpenseALTHXCategory Avg
    Annual Report Expense Ratio (net):0.77%0.79%
    Prospectus Net Expense Ratio:0.75%N/A
    Prospectus Gross Expense Ratio:0.80%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:3.00%3.39%
    Max Deferred Sales Load: N/A1.78%
    3 Yr Expense Projection*:544386
    5 Yr Expense Projection*:727614
    10 Yr Expense Projection*:1,2561,241
    * Per $10,000 invested