Financial Optimization through Technology Innovation

Top Fund Managers

Latest Mutual Fund News

Financial Advisor Sponsor:Christine F. Heim, Managing Director

Bookmark this site!

(Enter Stock Symbol)

Partner Sites

Annuities
Wall Street Journal
eHealthInsurance

Fund Mojo on Facebook

Mutual Fund Insights: AllianceBern Muni Inc II AZ A Fund (AAZAX)

In-depth Analysis of AllianceBern Muni Inc II AZ A Fund (AAZAX)

Mutual fund chart: AllianceBern Muni Inc II AZ A Fund (AAZAX)

3 months
6 months
1 year
3 year
5 year

See AllianceBern Muni Inc II AZ A Fund (AAZAX) performance details as of January 31, 2010

Last Trade: $10.92 on 3/12/2010, Change: 0.00 (0%)

Fund Manager - Terrance T. Hults

Fund Manager Tenure: 14.8 years [Similar Funds: AAZBX AAZCX ]
Fundmojo Fund Grade: B (Score: 0.62) (What does this score mean?)

Hults is a senior vice president with Alliance Capital Management L. P. Prior to joining Alliance in 1995, he was an associate and trader in the Municipal Derivative Products Department at Merrill Lynch Capital Markets. Get more insights on Terrance T. Hults

What we like about AllianceBern Muni Inc II AZ A Fund (AAZAX)

Data for AllianceBern Muni Inc II AZ A Fund (AAZAX) as of January 31, 2010

AllianceBern Muni Inc II AZ A Fund (AAZAX) management has been with AllianceBern Muni Inc II AZ A Fund for 14.8 years
AllianceBern Muni Inc II AZ A Fund (AAZAX) has good mid-term performance (3-year return 3.70% vs 2.51% Muni Single State Long category average)
AllianceBern Muni Inc II AZ A Fund (AAZAX) has good Long-term performance (5-year return 3.67% vs 3.16% Muni Single State Long category average)
AllianceBern Muni Inc II AZ A Fund (AAZAX) ratio of up-years vs down years is greater than 2
AllianceBern Muni Inc II AZ A Fund (AAZAX) has a Morningstar rating of 4 and above
AllianceBern Muni Inc II AZ A Fund (AAZAX) has an annual stock turnover rate of 7.00% vs Muni Single State Long average of 20.24%. It is good that AllianceBern Muni Inc II AZ A management does not trade extensively for its return.
AllianceBern Muni Inc II AZ A Fund (AAZAX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.34, lower than category average of 7.99
AllianceBern Muni Inc II AZ A Fund (AAZAX) has a lower management fee than its Muni Single State Long average: 0.78% vs 1.03%

What we are cautious about AllianceBern Muni Inc II AZ A Fund (AAZAX)

Data for AllianceBern Muni Inc II AZ A Fund (AAZAX) as of January 31, 2010

AllianceBern Muni Inc II AZ A Fund is a focused fund with 30.06% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
AllianceBern Muni Inc II AZ A Fund (AAZAX) has a less-than-ideal short-term performance (1-year return 10.28% vs 13.75% Muni Single State Long category average)
AllianceBern Muni Inc II AZ A Fund (AAZAX) is less safe compared to its Muni Single State Long peers
AllianceBern Muni Inc II AZ A Fund (AAZAX) carries a 3% load

See AllianceBern Muni Inc II AZ A Fund (AAZAX) performance details as of January 31, 2010

Interested in other top mutual funds in similar Muni Single State Long category?

Below are some additional Muni Single State Long mutual funds generated out of our database

AllianceBern Muni Inc II AZ A Fund (AAZAX) Net Asset

Track net asset change of AllianceBern Muni Inc II AZ A fund (AAZAX)

Date	Net Asset
01/2010	$160.22M
11/2009	$165.44M
10/2009	$166.68M

More historic net asset information on AllianceBern Muni Inc II AZ A Fund (AAZAX)

AllianceBern Muni Inc II AZ A Fund (AAZAX) Portfolio Allocation

Track portfolio allocation change of AllianceBern Muni Inc II AZ A fund (AAZAX)

Date	Cash	Stock	Bond	Other
10/2009	0%	0%	100%	0%
08/2009	0%	0%	100%	0%
07/2009	0%	0%	100%	0%

Click here to see more historic asset allocation information on AllianceBern Muni Inc II AZ A Fund (AAZAX)

Most Recent Top 10 Holdings in AllianceBern Muni Inc II AZ A Fund (AAZAX)

Discover what AllianceBern Muni Inc II AZ A Fund (AAZAX) manager is buying

31-Oct-09

Mesa Ariz Indl Dev Auth 5.75% [4.94%]
Arizona Health Facs Auth 6% [3.07%]
Arizona St Ctfs Partn Cops 5% [2.99%]
Arizona Sch Facs Brd Rev State Sch 5% [2.98%]
Tucson Ariz Arpt Auth 5.35% [2.91%]
Puerto Rico Convention Ctr Dis Hotel 5% [2.9%]
Phoenix Ariz Indl Dev Auth 5% [2.86%]
Tolleson Ariz Indl Dev Auth 5.5% [2.83%]
Phoenix Ariz Civic Impt Corp E Sub Ex 5% [2.8%]
Arizona St Transn Brd Hwy Rev Rev Bds 5% [2.63%]

31-Aug-09

Mesa Ariz Indl Dev Auth 5.75% [5.97%]
Arizona Health Facs Auth 6% [3.08%]
Arizona Sch Facs Brd Rev State Sch 5% [2.99%]
Arizona St Ctfs Partn Cops 5% [2.98%]
Phoenix Ariz Indl Dev Auth 5% [2.93%]
Tucson Ariz Arpt Auth 5.35% [2.84%]
Puerto Rico Convention Ctr Dis Hotel 5% [2.82%]
Phoenix Ariz Civic Impt Corp E Sub Ex 5% [2.82%]
Tolleson Ariz Indl Dev Auth 5.5% [2.8%]
Arizona St Transn Brd Hwy Rev Rev Bds 5% [2.65%]

31-Jul-09

Mesa Ariz Indl Dev Auth 5.75% [6.07%]
Arizona Health Facs Auth 6% [3.14%]
Arizona Sch Facs Brd Rev State Sch 5% [3.04%]
Arizona St Ctfs Partn Cops 5% [2.99%]
Phoenix Ariz Indl Dev Auth 5% [2.95%]
Phoenix Ariz Civic Impt Corp E Sub Ex 5% [2.84%]
Tucson Ariz Arpt Auth 5.35% [2.8%]
Tolleson Ariz Indl Dev Auth 5.5% [2.78%]
Puerto Rico Convention Ctr Dis Hotel 5% [2.76%]
Arizona St Transn Brd Hwy Rev Rev Bds 5% [2.67%]

Click here for Stock Holding Change Map in AllianceBern Muni Inc II AZ A Fund (AAZAX)

Related books and products to AllianceBern Muni Inc II AZ A Fund (AAZAX)

Latest News on AllianceBern Muni Inc II AZ A (AAZAX)

See what is happening with AllianceBern Muni Inc II AZ A Fund (AAZAX)

Yahoo! Finance: RSS feed not found

See more news on AllianceBern Muni Inc II AZ A Fund (AAZAX)

Books and Resources

See more information on AllianceBern Muni Inc II AZ A Fund (AAZAX)

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.