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AB Municipal Income National C (ALNCX) Fund Ranking and Research

Ranking, Research and Recommendation of AB Municipal Income National C (ALNCX) Fund

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

 

Graph of AB Municipal Income National C Fund (ALNCX) ManagerFund Manager - Terrance T. Hults

Fund Manager Information

Fund Manager Tenure: 24.2 years
Fund Family: AllianceBernstein
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.51)     (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 National C Fund (ALNCX) ProfileAB Municipal Income National C Fund (ALNCX) Profile

Fund Profile and Description

AB Municipal Income National C Fund seeks to earn the highest level of current income, exempt from federal income tax, that is available without assuming what the Adviser considers to be undue risk to principal or income. AB Municipal Income National C 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. It may invest 25% or more of assets in a single state.

 

AB Municipal Income National C (ALNCX) Fund Strength What we like about AB Municipal Income National C (ALNCX) Fund

Data for AB Municipal Income National C Fund (ALNCX) as of May 30, 2016

  • AB Municipal Income National C Fund (ALNCX) management has been with AB Municipal Income National C Fund for 24.2 years
  • AB Municipal Income National C Fund (ALNCX) has good short-term performance (1-year return 5.66% vs 4.71% Muni National Interm category median performance)
  • AB Municipal Income National C Fund (ALNCX) has good Long-term performance (5-year return 4.47% vs 4.14% Muni National Interm category median performance)
  • AB Municipal Income National C Fund (ALNCX) ratio of up-years vs down years is greater than 2
  • Asset base in AB Municipal Income National C Fund (ALNCX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • AB Municipal Income National C Fund (ALNCX) has an annual stock turnover rate of 6.00% vs Muni National Interm average of 22.40%. It is good that AB Municipal Income National C management does not trade extensively for its return.

AB Municipal Income National C Fund (ALNCX) Weakness What we are cautious about AB Municipal Income National C (ALNCX) Fund

Data for AB Municipal Income National C Fund (ALNCX) as of May 30, 2016

  • AB Municipal Income National C Fund (ALNCX) has a less-than-ideal mid-term performance (3-year return 2.99% vs 3.10% Muni National Interm category median performance)
  • AB Municipal Income National C Fund (ALNCX) has a Morningstar rating of 3 and below
  • AB Municipal Income National C Fund (ALNCX) is less safe compared to its Muni National Interm peers
  • AB Municipal Income National C Fund (ALNCX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.72 that is higher than category average of 3.29
  • AB Municipal Income National C Fund (ALNCX) has a higher expense ratio of 1.50% than its Muni National Interm average of 0.80%
  • AB Municipal Income National C Fund (ALNCX) carries a 1% load
See AB Municipal Income National C Fund (ALNCX) performance details as of May 30, 2016

 

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Compare AB Municipal Income National C Fund (ALNCX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
AB Municipal Income National C2.745.662.994.47
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare AB Municipal Income National C Fund (ALNCX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of AB Municipal Income National C Fund (ALNCX) Net Asset TrackingAB Municipal Income National C (ALNCX) Fund Net Asset

Track net asset change of AB Municipal Income National C fund (ALNCX)

DateNet Asset
05/2016$1.26B
03/2016$1.21B
02/2016$1.19B
More historic net asset information on AB Municipal Income National C Fund (ALNCX)

  

Graph of AB Municipal Income National C Fund (ALNCX) Portfolio TrackingAB Municipal Income National C (ALNCX) Fund Portfolio Allocation

Track portfolio allocation change of AB Municipal Income National C fund (ALNCX)

DateCashStockBondOther
04/20166.77%0%93.23%0%
02/20166.46%0%93.54%0%
12/20154.22%0%95.78%0%
Click here to see more historic asset allocation information on AB Municipal Income National C Fund (ALNCX)

 

graph of AB Municipal Income National C Fund (ALNCX) Top 10 Position TrackingTop 10 Holdings in AB Municipal Income National C (ALNCX) Fund

Discover what AB Municipal Income National C Fund (ALNCX) manager is buying

Apr 29, 2016
Metropolitan Pier & Exposition Proj B 5% [1.88%]
Los Angeles Calif Hbr Dept Rev Ref 5.25% [1.55%]
New York N Y City Transitional Subord 5% [1.44%]
Mississippi Dev Bk Spl Obl Spl Obl 5.25% [1.38%]
Dallas Fort Worth Tex Intl Arp Joint 5% [1.23%]
Kansas City Mo Spl Obl Spl Oblig 5% [1.2%]
Clark Cnty Wash Pub Util Dist 5% [1.13%]
Louisiana Loc Govt Environment Sub Li 5% [1.08%]
Illinois Fin Auth 5% [1.07%]
New York St Dorm Auth 5% [1.06%]

Feb 28, 2016
Metropolitan Pier & Exposition Proj B 5% [1.92%]
Los Angeles Calif Hbr Dept Rev Ref 5.25% [1.62%]
New York N Y City Transitional Subord 5% [1.47%]
Mississippi Dev Bk Spl Obl Spl Obl 5.25% [1.43%]
Dallas Fort Worth Tex Intl Arp Joint 5% [1.27%]
Kansas City Mo Spl Obl Spl Oblig 5% [1.24%]
Clark Cnty Wash Pub Util Dist 5% [1.18%]
Clark Cnty Nev Bond Bk B 5% [1.12%]
Louisiana Loc Govt Environment Sub Li 5% [1.1%]
Illinois Fin Auth 5% [1.09%]

Dec 30, 2015
Metropolitan Pier & Exposition Proj B 5% [2.11%]
Los Angeles Calif Hbr Dept Rev Ref 5.25% [1.76%]
New York N Y City Transitional Subord 5% [1.59%]
Mississippi Dev Bk Spl Obl Spl Obl 5.25% [1.54%]
Dallas Fort Worth Tex Intl Arp Joint 5% [1.39%]
Kansas City Mo Spl Obl Spl Oblig 5% [1.35%]
Clark Cnty Wash Pub Util Dist 5% [1.28%]
Clark Cnty Nev Bond Bk B 5% [1.24%]
Louisiana Loc Govt Environment Sub Li 5% [1.2%]
Illinois Fin Auth 5% [1.19%]
Click here for Stock Holding Change Map in AB Municipal Income National C Fund (ALNCX)

  

Latest News on AB Municipal Income National C (ALNCX) Fund

See what is happening with AB Municipal Income National C Fund (ALNCX)

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