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AllianceBern Muni Inc II PA A (APAAX)On Dec 3: 10.23  Up 0.01 (0.10%)  
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Risk  As of 31-Oct-09Get Risk for:
RISK OVERVIEW 
Morningstar Risk Rating:Below average
Number of Years Up:4
Number of Years Down:1
Best 1 Yr Total Return (2006):4.90%
Worst 1 Yr Total Return (2008):-7.49%
RISK (MODERN PORTFOLIO THEORY) STATISTICS 
3 Years
StatisticAPAAXCategory
Alpha (against Standard Index)-1.26-1.66
Beta (against Standard Index)0.831.06
Mean Annual Return2.570.23
R-squared (against Standard Index)8487.72
Standard Deviation5.436.96
Sharpe Ratio0.05N/A
Treynor Ratio0.19N/A
5 Years
StatisticAPAAXCategory
Alpha (against Standard Index)-0.62-1.05
Beta (against Standard Index)0.841.03
Mean Annual Return3.340.27
R-squared (against Standard Index)8587.02
Standard Deviation4.495.57
Sharpe Ratio0.09N/A
Treynor Ratio0.37N/A
10 Years
StatisticAPAAXCategory
Alpha (against Standard Index)-0.22-0.99
Beta (against Standard Index)0.881.01
Mean Annual Return5.110.39
R-squared (against Standard Index)8888.15
Standard Deviation4.385.11
Sharpe Ratio0.49N/A
Treynor Ratio2.43N/A

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