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AB Municipal Income California B (ALCBX) Fund Ranking and Research

Ranking, Research and Recommendation of AB Municipal Income California B (ALCBX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of AB Municipal Income California B Fund (ALCBX) ManagerFund Manager - Terrance T. Hults

Fund Manager Information

Fund Manager Tenure: 24.2 years
Similar Funds: ALCAX  ALCVX 
Fund Family: AllianceBernstein
Fund Category: Muni California Intermediate
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.72)     (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

 

Graph of AB Municipal Income California B Fund (ALCBX) ProfileAB Municipal Income California B Fund (ALCBX) Profile

Fund Profile and Description

AB Municipal Income California B Fund seeks to earn the highest level of current income, exempt from federal income tax and California personal income tax, that is available without assuming what the Adviser considers to be undue risk to income or principal. AB Municipal Income California B Fund normally invests at least 80% of assets in municipal securities 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.

 

AB Municipal Income California B (ALCBX) Fund Strength What we like about AB Municipal Income California B (ALCBX) Fund

Data for AB Municipal Income California B Fund (ALCBX) as of May 30, 2016

  • AB Municipal Income California B Fund (ALCBX) management has been with AB Municipal Income California B Fund for 24.2 years
  • AB Municipal Income California B Fund (ALCBX) ratio of up-years vs down years is greater than 2
  • Asset base in AB Municipal Income California B Fund (ALCBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • AB Municipal Income California B Fund (ALCBX) has an annual stock turnover rate of 12.00% vs Muni California Intermediate average of 16.45%. It is good that AB Municipal Income California B management does not trade extensively for its return.
  • AB Municipal Income California B Fund (ALCBX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.49, lower than category average of 3.5

AB Municipal Income California B Fund (ALCBX) Weakness What we are cautious about AB Municipal Income California B (ALCBX) Fund

Data for AB Municipal Income California B Fund (ALCBX) as of May 30, 2016

  • AB Municipal Income California B Fund (ALCBX) has a less-than-ideal short-term performance (1-year return 5.00% vs 5.01% Muni California Intermediate category median performance)
  • AB Municipal Income California B Fund (ALCBX) has a less-than-ideal mid-term performance (3-year return 3.36% vs 3.45% Muni California Intermediate category median performance)
  • AB Municipal Income California B Fund (ALCBX) has a less-than-ideal Long-term performance (5-year return 4.61% vs 4.65% Muni California Intermediate category median performance)
  • AB Municipal Income California B Fund (ALCBX) has a Morningstar rating of 3 and below
  • AB Municipal Income California B Fund (ALCBX) is less safe compared to its Muni California Intermediate peers
  • AB Municipal Income California B Fund (ALCBX) has a higher expense ratio of 1.50% than its Muni California Intermediate average of 0.79%
  • AB Municipal Income California B Fund (ALCBX) carries a 3% load
See AB Municipal Income California B Fund (ALCBX) performance details as of May 30, 2016

 

What do you think?

 

Compare AB Municipal Income California B Fund (ALCBX)Compare with other top Muni California Intermediate category mutual funds

Aadditional top Muni California Intermediate mutual funds for your consideration

FundYear to Date1 Year3 year5 year
AB Municipal Income California B2.215.003.364.61
Principal California Municipal A (SRCMX)3.587.635.577.16Compare

See top fund managers for Muni California Intermediate Category Funds

 

Compare AB Municipal Income California B Fund (ALCBX)Compare with Muni California Intermediate category ETFs

Some Muni California Intermediate ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares Cali AMT-Free Muni Bond (CMF)000

 

Graph of AB Municipal Income California B Fund (ALCBX) Net Asset TrackingAB Municipal Income California B (ALCBX) Fund Net Asset

Track net asset change of AB Municipal Income California B fund (ALCBX)

DateNet Asset
05/2016$683.17M
03/2016$653.46M
02/2016$638.19M
More historic net asset information on AB Municipal Income California B Fund (ALCBX)

  

Graph of AB Municipal Income California B Fund (ALCBX) Portfolio TrackingAB Municipal Income California B (ALCBX) Fund Portfolio Allocation

Track portfolio allocation change of AB Municipal Income California B fund (ALCBX)

DateCashStockBondOther
04/20161.57%0%98.43%0%
02/20161.59%0%98.41%0%
12/20151.87%0%98.13%0%
Click here to see more historic asset allocation information on AB Municipal Income California B Fund (ALCBX)

 

graph of AB Municipal Income California B Fund (ALCBX) Top 10 Position TrackingTop 10 Holdings in AB Municipal Income California B (ALCBX) Fund

Discover what AB Municipal Income California B Fund (ALCBX) manager is buying

Apr 29, 2016
Palm Springs Calif Ctfs Partn Cops [5.16%]
Los Angeles Calif Hbr Dept Rev Ref Bd 5% [3.52%]
San Joaquin Hills Calif Transn Sr Lien T [2.78%]
San Diego Calif Pub Facs Fing Leas 5.25% [2.54%]
Riverside Calif Swr Rev Rev Bds 5% [1.76%]
California Pollution Ctl Fing Wtr Fur 5% [1.75%]
San Diego Cnty Calif Wtr Auth 5% [1.71%]
Riverside Cnty Calif Transn Co Rev 5.25% [1.63%]

Feb 28, 2016
Palm Springs Calif Ctfs Partn Cops [5.51%]
Los Angeles Calif Hbr Dept Rev Ref Bd 5% [3.8%]
San Joaquin Hills Calif Transn Sr Lien T [2.96%]
San Diego Calif Pub Facs Fing Leas 5.25% [2.74%]
California Pollution Ctl Fing Wtr Fur 5% [1.87%]
Riverside Calif Swr Rev Rev Bds 5% [1.86%]
San Diego Cnty Calif Wtr Auth 5% [1.83%]
Riverside Cnty Calif Transn Co Rev 5.25% [1.74%]

Dec 30, 2015
Palm Springs Calif Ctfs Partn Cops [5.52%]
Los Angeles Calif Hbr Dept Rev Ref Bd 5% [3.84%]
San Joaquin Hills Calif Transn Sr Lien T [2.97%]
San Diego Calif Pub Facs Fing Leas 5.25% [2.76%]
California Pollution Ctl Fing Wtr Fur 5% [1.91%]
Riverside Calif Swr Rev Rev Bds 5% [1.89%]
San Diego Cnty Calif Wtr Auth 5% [1.85%]
Riverside Cnty Calif Transn Co Rev 5.25% [1.77%]
Click here for Stock Holding Change Map in AB Municipal Income California B Fund (ALCBX)

  

Latest News on AB Municipal Income California B (ALCBX) Fund

See what is happening with AB Municipal Income California B Fund (ALCBX)

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AB Municipal Income California B Fund (ALCBX) Related ResourcesSee more information on AB Municipal Income California B (ALCBX) Fund

Popular pages on AB Municipal Income California B (ALCBX) Fund

  

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