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    AB Municipal Bond Inflation Strategy A (AUNAX)

    10.11 Up 0.01(0.10%) Feb 10

    Profile as of Jan 30, 2016Get Profile for:
    AB Municipal Bond Inflation Strategy A
    AllianceBernstein L.P.1345 AVENUE OF THE AMERICASNEW YORK NY 10105
    Map
    Phone: 800-227-4618
    Fund Overview 
    Category:Muni National Short
    Fund Family:AllianceBernstein
    Net Assets:764.86M
    Year-to-Date Return:0.32%
    Yield:1.65%
    Morningstar Rating:2 stars
    Fund Inception Date:Jan 26, 2010
    Morningstar Style Box 
    Muni National Short
    [View Category Definition]
    View Top Muni National Short Funds
    About the Morningstar Style Box
    Management Information 
    Matthew J Norton
    Lead Manager since Jan 29, 2016
    Matthew Norton is a Portfolio Manager on the Municipal Bond team, which overseas tax-exempt investing at AB. He joined the firm in 2005, focusing primarily on research in tax-exempt and taxable fixed-income markets. In this role, Norton worked on building expected return models across fixed-income sectors and on monitoring derivative exposures. Before joining AB, he worked for a year as a statistical research analyst at St. Lawrence University, evaluating the accuarcy of biometric devices. Norton holds a BS in economics and mathematics from St. Lawrence University and an MBA in economics and quantitative finance from New York University Stern School of Business. Location: New York
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:2,500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:50
    Min Subsequent Investment, AIP:50
    AUNAX can be purchased from 31 brokerages.

    Fund Summary 
    The investment seeks to maximize real after-tax return for investors subject to federal income taxes, without undue risk to principal. The fund pursues its objective by investing principally in high-quality, predominantly investment-grade, municipal securities that pay interest exempt from federal taxation. It will invest at least 80% of its total assets in fixed-income securities rated A or better or the equivalent by one or more national rating agencies. The fund may invest up to 20% of its total assets in fixed-income securities rated BB or B or the equivalent by one or more national rating agencies, which are not investment-grade ("junk bonds").

    Fund Operations 
    Last Dividend (Feb 8, 2016) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 8, 2016) : 17.00%
    Average for Category:26.54%
    Fees & Expenses 
    ExpenseAUNAXCategory Avg
    Annual Report Expense Ratio (net):0.76%0.71%
    Prospectus Net Expense Ratio:0.75%N/A
    Prospectus Gross Expense Ratio:0.85%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:3.00%2.31%
    Max Deferred Sales Load: N/A1.49%
    3 Yr Expense Projection*:553335
    5 Yr Expense Projection*:748535
    10 Yr Expense Projection*:1,3091,107
    * Per $10,000 invested