Mutual Fund Insights: AllianceBern Muni Income NY A Fund (ALNYX)

In-depth Analysis of AllianceBern Muni Income NY A Fund (ALNYX)

3 months 6 months 1 year 3 year 5 year

See AllianceBern Muni Income NY A Fund (ALNYX) performance details as of January 31, 2010

  

Last Trade: $9.83 on 3/18/2010, Change: 0.00 (0%)

  

Fund Manager - Terrance T. Hults

Fund Manager Tenure: 14.8 years   [Similar Funds: ALNBX  ALNVX ]
Fundmojo Fund Grade: B (Score: 0.67)     (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 Income NY A Fund (ALNYX)

Data for AllianceBern Muni Income NY A Fund (ALNYX) as of January 31, 2010

• AllianceBern Muni Income NY A Fund (ALNYX) management has been with AllianceBern Muni Income NY A Fund for 14.8 years
• AllianceBern Muni Income NY A Fund (ALNYX) has good mid-term performance (3-year return 3.63% vs 3.02% Muni New York Long category average)
• AllianceBern Muni Income NY A Fund (ALNYX) has good Long-term performance (5-year return 3.71% vs 3.20% Muni New York Long category average)
• AllianceBern Muni Income NY A Fund (ALNYX) ratio of up-years vs down years is greater than 2
• AllianceBern Muni Income NY A Fund (ALNYX) has a Morningstar rating of 4 and above
• AllianceBern Muni Income NY A Fund (ALNYX) has an annual stock turnover rate of 2.00% vs Muni New York Long average of 27.73%. It is good that AllianceBern Muni Income NY A management does not trade extensively for its return.
• AllianceBern Muni Income NY A Fund (ALNYX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.58, lower than category average of 7.67
• AllianceBern Muni Income NY A Fund (ALNYX) has a lower management fee than its Muni New York Long average: 0.75% vs 1.06%

  

 What we are cautious about AllianceBern Muni Income NY A Fund (ALNYX)

Data for AllianceBern Muni Income NY A Fund (ALNYX) as of January 31, 2010

• AllianceBern Muni Income NY A Fund (ALNYX) has a less-than-ideal short-term performance (1-year return 9.16% vs 13.57% Muni New York Long category average)
• AllianceBern Muni Income NY A Fund (ALNYX) is less safe compared to its Muni New York Long peers
• AllianceBern Muni Income NY A Fund (ALNYX) carries a 3% load

See AllianceBern Muni Income NY A Fund (ALNYX) performance details as of January 31, 2010

  

  

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AllianceBern Muni Income NY A Fund (ALNYX) Net Asset

Track net asset change of AllianceBern Muni Income NY A fund (ALNYX)

Date	Net Asset
01/2010	$460.57M
11/2009	$450.32M
10/2009	$443.85M

More historic net asset information on AllianceBern Muni Income NY A Fund (ALNYX)

  

AllianceBern Muni Income NY A Fund (ALNYX) Portfolio Allocation

Track portfolio allocation change of AllianceBern Muni Income NY A fund (ALNYX)

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 Income NY A Fund (ALNYX)

  

Most Recent Top 10 Holdings in AllianceBern Muni Income NY A Fund (ALNYX)

Discover what AllianceBern Muni Income NY A Fund (ALNYX) manager is buying

31-Oct-09 Puerto Rico Sales Tax Fing Cor Rev 5.5% [2.8%] New York N Y City Tr Cultural Rev 5.125% [2.58%] New York St Twy Auth 5% [2.51%] New York N Y G.O. Bds 5.5% [2.37%] New York N Y G O Bds 5% [2.17%] Puerto Rico Elec Pwr Auth 5.25% [2.02%] Long Island Pwr Auth 5.25% [1.95%] New York N Y City Transitional 5.25% [1.95%] New York N Y City Mun Wtr Fin Wtr 5.125% [1.94%] Texas Transn Commn St Hwy Fd R Rev Bd 5% [1.94%]

31-Aug-09 PUERTO RICO SALES TAX FING COR REV BDS [2.88%] New York N Y City Tr Cultural Var Rate [2.69%] New York N Y City Tr Cultural Rev 5.125% [2.68%] New York St Twy Auth 5% [2.66%] New York N Y G.O. Bds 5.5% [2.49%] New York N Y G O Bds 5% [2.24%] Puerto Rico Elec Pwr Auth 5.25% [2.11%] Long Island Pwr Auth 5.25% [2.05%] New York N Y G O Bds 5% [2.02%] New York N Y City Transitional 5.25% [2.02%]

31-Jul-09 PUERTO RICO SALES TAX FING COR REV BDS [2.9%] New York N Y City Tr Cultural Rev 5.125% [2.75%] New York St Twy Auth 5% [2.71%] New York N Y G.O. Bds 5.5% [2.58%] New York N Y G O Bds 5% [2.28%] Puerto Rico Elec Pwr Auth 5.25% [2.19%] Long Island Pwr Auth 5.25% [2.12%] New York St Dorm Auth 5% [2.07%] New York N Y City Transitional 5.25% [2.05%] New York N Y G O Bds 5% [2.05%]

Click here for Stock Holding Change Map in AllianceBern Muni Income NY A Fund (ALNYX)

  

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See more information on AllianceBern Muni Income NY A Fund (ALNYX)

• AllianceBern Muni Income NY A Fund Insights
• AllianceBern Muni Income NY A Fund Performance Data
• AllianceBern Muni Income NY A Fund News
• AllianceBern Muni Income NY A Fund Score Explaination
• AllianceBern Muni Income NY A Fund Manager Information
• Historic AllianceBern Muni Income NY A Fund Asset Allocation Report
• Historic AllianceBern Muni Income NY A Fund Top 10 Holding Tracking
• Historic AllianceBern Muni Income NY A Fund Asset Under Management Tracking