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AB Municipal Income II Arizona B (AAZBX) Fund Ranking and Research
Ranking, Research and Recommendation of AB Municipal Income II Arizona B (AAZBX) Fund
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Last Trade: $ on , Change: (0%)
Fund Manager - Terrance T. Hults
Fund Manager Information
Fund Manager Tenure: 23.7 yearsSimilar Funds: AAZAX AAZCX
Fund Family: AllianceBernstein
Fund Category: Muni Single State Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.69) (What does this score mean?)
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. Get more insights on Terrance T. Hults
AB Municipal Income II Arizona B Fund (AAZBX) Profile
Fund Profile and Description
AB Municipal Income II Arizona B Fund seeks to earn the highest level of current income exempt from both federal income tax and State of Arizona personal income tax that is available without assuming what the Adviser considers to be undue risk. AB Municipal Income II Arizona B Fund normally invests at least 80% of assets in municipal securities issued by Arizona State with 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.
What we like about AB Municipal Income II Arizona B (AAZBX) Fund
Data for AB Municipal Income II Arizona B Fund (AAZBX) as of May 30, 2016
- AB Municipal Income II Arizona B Fund (AAZBX) management has been with AB Municipal Income II Arizona B Fund for 23.7 years
- AB Municipal Income II Arizona B Fund (AAZBX) has good short-term performance (1-year return 5.81% vs 4.21% Muni Single State Interm category median performance)
- AB Municipal Income II Arizona B Fund (AAZBX) has good mid-term performance (3-year return 3.08% vs 2.77% Muni Single State Interm category median performance)
- AB Municipal Income II Arizona B Fund (AAZBX) has good Long-term performance (5-year return 4.12% vs 3.54% Muni Single State Interm category median performance)
- AB Municipal Income II Arizona B Fund (AAZBX) ratio of up-years vs down years is greater than 2
- Asset base in AB Municipal Income II Arizona B Fund (AAZBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
What we are cautious about AB Municipal Income II Arizona B (AAZBX) Fund
Data for AB Municipal Income II Arizona B Fund (AAZBX) as of May 30, 2016
- AB Municipal Income II Arizona B Fund (AAZBX) has a Morningstar rating of 3 and below
- AB Municipal Income II Arizona B Fund (AAZBX) is less safe compared to its Muni Single State Interm peers
- AB Municipal Income II Arizona B Fund (AAZBX) has an annual stock turnover rate of 21.00% that is higher than the Muni Single State Interm average of 9.82%. This could mean AB Municipal Income II Arizona B is more nimble, but also signal potential high tax impact and high trading fees
- AB Municipal Income II Arizona B Fund (AAZBX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.28 that is higher than category average of 3.11
- AB Municipal Income II Arizona B Fund (AAZBX) has a higher expense ratio of 1.53% than its Muni Single State Interm average of 0.91%
- AB Municipal Income II Arizona B Fund (AAZBX) carries a 3% load
What do you think?
Compare with other top Muni Single State Interm category mutual funds
Aadditional top Muni Single State Interm mutual funds for your consideration
Fund | Year to Date | 1 Year | 3 year | 5 year | |
AB Municipal Income II Arizona B | 2.76 | 5.81 | 3.08 | 4.12 | |
Colorado BondShares A Tax-Exempt (HICOX) | 1.48 | 4.44 | 4.01 | 4.58 | Compare |
Dupree AL Tax-Free Income (DUALX) | 2.19 | 4.79 | 3.83 | 4.99 | Compare |
Aquila Tax-Free Fund For Utah A (UTAHX) | 2.31 | 4.74 | 4.08 | 5.08 | Compare |
See top fund managers for Muni Single State Interm Category Funds
AB Municipal Income II Arizona B (AAZBX) Fund Net Asset
Track net asset change of AB Municipal Income II Arizona B fund (AAZBX)
Date | Net Asset |
05/2016 | $131.66M |
03/2016 | $131.09M |
02/2016 | $129.65M |
AB Municipal Income II Arizona B (AAZBX) Fund Portfolio Allocation
Track portfolio allocation change of AB Municipal Income II Arizona B fund (AAZBX)
Date | Cash | Stock | Bond | Other |
04/2016 | 5.08% | 0% | 94.92% | 0% |
02/2016 | 4.83% | 0% | 95.17% | 0% |
12/2015 | 1.96% | 0% | 98.04% | 0% |
Top 10 Holdings in AB Municipal Income II Arizona B (AAZBX) Fund
Discover what AB Municipal Income II Arizona B Fund (AAZBX) manager is buying
Tucson Ariz Arpt Auth 5.35% [4.98%] Arizona St Ctfs Partn Cops 5% [4.95%] Mesa Ariz Excise Tax Rev Rev Bds 5% [4.53%] Pinal Cnty Ariz Rev Obligs Pledge Re 5% [4.12%] Arizona Brd Regents Univ Ariz Rev Bds 5% [3.43%] Phoenix Ariz Civic Impt Corp A Sr Lie 5% [3.4%] Buckeye Ariz Excise Tax Rev Rev Obl 5% [3.08%] Arizona St Transn Brd Hwy Rev Subordi 5% [2.7%] Pima Cnty Ariz Regl Transn Au Rev Bds 5% [2.7%] | Arizona St Ctfs Partn Cops 5% [5.08%] Tucson Ariz Arpt Auth 5.35% [5.07%] Mesa Ariz Excise Tax Rev Rev Bds 5% [4.58%] Pinal Cnty Ariz Rev Obligs Pledge Re 5% [4.13%] Phoenix Ariz Civic Impt Corp A Sr Lie 5% [3.48%] Arizona Brd Regents Univ Ariz Rev Bds 5% [3.44%] Buckeye Ariz Excise Tax Rev Rev Obl 5% [3.1%] Pima Cnty Ariz Regl Transn Au Rev Bds 5% [2.78%] Arizona Health Facs Auth 5% [2.7%] | Arizona St Ctfs Partn Cops 5% [5.23%] Tucson Ariz Arpt Auth 5.35% [5.21%] Mesa Ariz Excise Tax Rev Rev Bds 5% [4.57%] Pinal Cnty Ariz Rev Obligs Pledge Re 5% [4.21%] Phoenix Ariz Civic Impt Corp A Sr Lie 5% [3.57%] Arizona Brd Regents Univ Ariz Rev Bds 5% [3.49%] Buckeye Ariz Excise Tax Rev Rev Obl 5% [3.18%] Pima Cnty Ariz Regl Transn Au Rev Bds 5% [2.83%] Arizona St Transn Brd Hwy Rev Subordi 5% [2.75%] |
Latest News on AB Municipal Income II Arizona B (AAZBX) Fund
See what is happening with AB Municipal Income II Arizona B Fund (AAZBX)
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Popular pages on AB Municipal Income II Arizona B (AAZBX) Fund
- AB Municipal Income II Arizona B (AAZBX) Fund Research and Recommendation
- AB Municipal Income II Arizona B (AAZBX) Fund Performance Data
- AB Municipal Income II Arizona B (AAZBX) Fund Manager Information
- Historic AB Municipal Income II Arizona B (AAZBX) Fund Asset Allocation Report
- Historic AB Municipal Income II Arizona B (AAZBX) Fund Top 10 Holding Tracking
- Historic AB Municipal Income II Arizona B (AAZBX) Fund Asset Under Management Tracking