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AB Municipal Income II Massachusetts B (AMABX) Fund Ranking and Research

Ranking, Research and Recommendation of AB Municipal Income II Massachusetts B (AMABX) Fund

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

 

Graph of AB Municipal Income II Massachusetts B Fund (AMABX) ManagerFund Manager - Terrance T. Hults

Fund Manager Information

Fund Manager Tenure: 23.7 years
Similar Funds: AMAAX  AMACX 
Fund Family: AllianceBernstein
Fund Category: Muni Massachusetts
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.65)     (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 II Massachusetts B Fund (AMABX) ProfileAB Municipal Income II Massachusetts B Fund (AMABX) Profile

Fund Profile and Description

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

 

AB Municipal Income II Massachusetts B (AMABX) Fund Strength What we like about AB Municipal Income II Massachusetts B (AMABX) Fund

Data for AB Municipal Income II Massachusetts B Fund (AMABX) as of May 30, 2016

  • AB Municipal Income II Massachusetts B Fund (AMABX) management has been with AB Municipal Income II Massachusetts B Fund for 23.7 years
  • AB Municipal Income II Massachusetts B Fund (AMABX) ratio of up-years vs down years is greater than 2
  • AB Municipal Income II Massachusetts B Fund (AMABX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.53, lower than category average of 4

AB Municipal Income II Massachusetts B Fund (AMABX) Weakness What we are cautious about AB Municipal Income II Massachusetts B (AMABX) Fund

Data for AB Municipal Income II Massachusetts B Fund (AMABX) as of May 30, 2016

  • AB Municipal Income II Massachusetts B Fund (AMABX) has a less-than-ideal short-term performance (1-year return 4.61% vs 4.80% Muni Massachusetts category median performance)
  • AB Municipal Income II Massachusetts B Fund (AMABX) has a less-than-ideal mid-term performance (3-year return 2.60% vs 2.99% Muni Massachusetts category median performance)
  • AB Municipal Income II Massachusetts B Fund (AMABX) has a less-than-ideal Long-term performance (5-year return 4.01% vs 4.59% Muni Massachusetts category median performance)
  • AB Municipal Income II Massachusetts B Fund (AMABX) has a Morningstar rating of 3 and below
  • AB Municipal Income II Massachusetts B Fund (AMABX) is less safe compared to its Muni Massachusetts peers
  • AB Municipal Income II Massachusetts B Fund (AMABX) has an annual stock turnover rate of 12.00% that is higher than the Muni Massachusetts average of 10.50%. This could mean AB Municipal Income II Massachusetts B is more nimble, but also signal potential high tax impact and high trading fees
  • AB Municipal Income II Massachusetts B Fund (AMABX) has a higher expense ratio of 1.52% than its Muni Massachusetts average of 0.90%
  • AB Municipal Income II Massachusetts B Fund (AMABX) carries a 3% load
See AB Municipal Income II Massachusetts B Fund (AMABX) performance details as of May 30, 2016

 

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Compare AB Municipal Income II Massachusetts B Fund (AMABX)Compare with other top Muni Massachusetts category mutual funds

Aadditional top Muni Massachusetts mutual funds for your consideration

FundYear to Date1 Year3 year5 year
AB Municipal Income II Massachusetts B2.044.612.604.01
Nuveen MA Municipal Bond A (NMAAX)2.726.043.895.38Compare
Western Asset Massachusetts Muni A (SLMMX)2.805.933.385.14Compare
Vanguard MA Tax-Exempt Inv (VMATX)2.906.714.685.17Compare

See top fund managers for Muni Massachusetts Category Funds

 

Graph of AB Municipal Income II Massachusetts B Fund (AMABX) Net Asset TrackingAB Municipal Income II Massachusetts B (AMABX) Fund Net Asset

Track net asset change of AB Municipal Income II Massachusetts B fund (AMABX)

DateNet Asset
05/2016$243.17M
03/2016$236.38M
02/2016$237.37M
More historic net asset information on AB Municipal Income II Massachusetts B Fund (AMABX)

  

Graph of AB Municipal Income II Massachusetts B Fund (AMABX) Portfolio TrackingAB Municipal Income II Massachusetts B (AMABX) Fund Portfolio Allocation

Track portfolio allocation change of AB Municipal Income II Massachusetts B fund (AMABX)

DateCashStockBondOther
04/20160%0%99.08%0.92%
02/20160%0%100%0%
12/20150%0%99.16%0.84%
Click here to see more historic asset allocation information on AB Municipal Income II Massachusetts B Fund (AMABX)

 

graph of AB Municipal Income II Massachusetts B Fund (AMABX) Top 10 Position TrackingTop 10 Holdings in AB Municipal Income II Massachusetts B (AMABX) Fund

Discover what AB Municipal Income II Massachusetts B Fund (AMABX) manager is buying

Apr 29, 2016
Massachusetts St Go Bds 5% [5.12%]
Massachusetts Dept Transn Met Rev Bds 5% [3.32%]
Metropolitan Boston Tran Pkg C Rev Bd 5% [3%]
Massachusetts St Health & Edl Rev 5.75% [2.58%]
Metropolitan Transn Auth 5% [2.52%]
Massachusetts St Dev Fin Agy R Rev Bd 5% [2.46%]
Massachusetts St Health & Edl Rev Bds 5% [2.43%]

Feb 28, 2016
Massachusetts St Go Bds 5% [5.05%]
Massachusetts Dept Transn Met Rev Bds 5% [3.31%]
Metropolitan Boston Tran Pkg C Rev Bd 5% [3%]
Massachusetts St Health & Edl Rev 5.75% [2.6%]
Metropolitan Transn Auth 5% [2.53%]
Massachusetts St Dev Fin Agy R Rev Bd 5% [2.44%]
Massachusetts St Health & Edl Rev Bds 5% [2.43%]

Dec 30, 2015
Massachusetts St Go Bds 5% [5.12%]
Massachusetts Dept Transn Met Rev Bds 5% [3.37%]
Metropolitan Boston Tran Pkg C Rev Bd 5% [3.03%]
Massachusetts St Health & Edl Rev 5.75% [2.64%]
Metropolitan Transn Auth 5% [2.51%]
Massachusetts St Dev Fin Agy R Rev Bd 5% [2.45%]
Massachusetts St Health & Edl Rev Bds 5% [2.43%]
Click here for Stock Holding Change Map in AB Municipal Income II Massachusetts B Fund (AMABX)

  

Latest News on AB Municipal Income II Massachusetts B (AMABX) Fund

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AB Municipal Income II Massachusetts B Fund (AMABX) Related ResourcesSee more information on AB Municipal Income II Massachusetts B (AMABX) Fund

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