Mutual Fund Insights: AllianceBern Muni Inc II MN B Fund (AMNBX)

In-depth Analysis of AllianceBern Muni Inc II MN B Fund (AMNBX)

3 months 6 months 1 year 3 year 5 year

See AllianceBern Muni Inc II MN B Fund (AMNBX) performance details as of January 31, 2010

  

Last Trade: $10.11 on 3/18/2010, Change: 0.00 (0%)

  

Fund Manager - Terrance T. Hults

Fund Manager Tenure: 14.8 years   [Similar Funds: AMNAX  AMNCX ]
Fundmojo Fund Grade: C (Score: 0.59)     (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 Inc II MN B Fund (AMNBX)

Data for AllianceBern Muni Inc II MN B Fund (AMNBX) as of January 31, 2010

• AllianceBern Muni Inc II MN B Fund (AMNBX) management has been with AllianceBern Muni Inc II MN B Fund for 14.8 years
• AllianceBern Muni Inc II MN B Fund (AMNBX) ratio of up-years vs down years is greater than 2
• AllianceBern Muni Inc II MN B Fund (AMNBX) has an annual stock turnover rate of 1.00% vs Muni Minnesota average of 20.26%. It is good that AllianceBern Muni Inc II MN B management does not trade extensively for its return.
• AllianceBern Muni Inc II MN B Fund (AMNBX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.9, lower than category average of 6.46

  

 What we are cautious about AllianceBern Muni Inc II MN B Fund (AMNBX)

Data for AllianceBern Muni Inc II MN B Fund (AMNBX) as of January 31, 2010

• AllianceBern Muni Inc II MN B Fund is a focused fund with 36.11% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• AllianceBern Muni Inc II MN B Fund (AMNBX) has a less-than-ideal short-term performance (1-year return 6.90% vs 11.14% Muni Minnesota category average)
• AllianceBern Muni Inc II MN B Fund (AMNBX) has a less-than-ideal mid-term performance (3-year return 2.94% vs 3.37% Muni Minnesota category average)
• AllianceBern Muni Inc II MN B Fund (AMNBX) has a less-than-ideal Long-term performance (5-year return 2.92% vs 3.46% Muni Minnesota category average)
• AllianceBern Muni Inc II MN B Fund (AMNBX) has a Morningstar rating of 3 and below
• AllianceBern Muni Inc II MN B Fund (AMNBX) is less safe compared to its Muni Minnesota peers
• AllianceBern Muni Inc II MN B Fund (AMNBX) has a higher management fee of 1.60% than its Muni Minnesota average of 1.12%
• AllianceBern Muni Inc II MN B Fund (AMNBX) carries a 3% load

See AllianceBern Muni Inc II MN B Fund (AMNBX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Muni Minnesota category?

Below are some additional Muni Minnesota mutual funds generated out of our database

• See top fund managers for Muni Minnesota Category Funds
• Browse other funds in Muni Minnesota Category

  

AllianceBern Muni Inc II MN B Fund (AMNBX) Net Asset

Track net asset change of AllianceBern Muni Inc II MN B fund (AMNBX)

Date	Net Asset
01/2010	$1.09M
11/2009	$1.16M
10/2009	$1.15M

More historic net asset information on AllianceBern Muni Inc II MN B Fund (AMNBX)

  

AllianceBern Muni Inc II MN B Fund (AMNBX) Portfolio Allocation

Track portfolio allocation change of AllianceBern Muni Inc II MN B fund (AMNBX)

Date	Cash	Stock	Bond	Other
10/2009	0%	0%	100%	0%
07/2009	0%	0%	100%	0%
06/2009	0%	0%	100%	0%

Click here to see more historic asset allocation information on AllianceBern Muni Inc II MN B Fund (AMNBX)

  

Most Recent Top 10 Holdings in AllianceBern Muni Inc II MN B Fund (AMNBX)

Discover what AllianceBern Muni Inc II MN B Fund (AMNBX) manager is buying

31-Oct-09 Metropolitan Council Minn Minn Go Wst 5% [4.84%] Minnesota Pub Facs Auth 5% [4.84%] Farmington Minn Indpt Sch Dist 5% [3.68%] Minnesota Agric & Econ Dev Health 5.125% [3.63%] St Cloud Minn Health Care Rev Rev 5.875% [3.39%] Hennepin Cnty Minn Sales Tax R Second 5% [3.37%] North St Paul-Maplewood Minn I Go Ref 5% [3.36%] Prior Lake Minn Indpt Sch Dist 5% [3.18%] Minneapolis & St Paul Minn Met Arpt 6% [3.11%] Waconia Minn Health Care Facs Rev 6.125% [3.06%]

31-Jul-09 Metropolitan Council Minn Minn Go Wst 5% [5.09%] Minnesota Agric & Econ Dev Health 5.125% [3.88%] Farmington Minn Indpt Sch Dist 5% [3.86%] North St Paul-Maplewood Minn I Go Ref 5% [3.57%] St Cloud Minn Health Care Rev Rev 5.875% [3.56%] Hennepin Cnty Minn Sales Tax R Second 5% [3.54%] Prior Lake Minn Indpt Sch Dist 5% [3.35%] Waconia Minn Health Care Facs Rev 6.125% [3.27%] Minneapolis & St Paul Minn Met Arpt 6% [3.27%] Minnesota St Go St Var 5% [3.17%]

30-Jun-09 Metropolitan Council Minn Minn Go Wst 5% [5.15%] Minnesota Agric & Econ Dev Health 5.125% [3.98%] Farmington Minn Indpt Sch Dist 5% [3.91%] St Cloud Minn Health Care Rev Rev 5.875% [3.65%] North St Paul-Maplewood Minn I Go Ref 5% [3.59%] Hennepin Cnty Minn Sales Tax R Second 5% [3.58%] Prior Lake Minn Indpt Sch Dist 5% [3.4%] Waconia Minn Health Care Facs Rev 6.125% [3.36%] Minneapolis & St Paul Minn Met Arpt 6% [3.34%] Minnesota St Go St Var 5% [3.19%]

Click here for Stock Holding Change Map in AllianceBern Muni Inc II MN B Fund (AMNBX)

  

Related books and products to AllianceBern Muni Inc II MN B Fund (AMNBX)

  

Latest News on AllianceBern Muni Inc II MN B (AMNBX)

See what is happening with AllianceBern Muni Inc II MN B Fund (AMNBX)

Yahoo! Finance: RSS feed not found See more news on AllianceBern Muni Inc II MN B Fund (AMNBX)

 

Books and Resources

 

 

See more information on AllianceBern Muni Inc II MN B Fund (AMNBX)

• AllianceBern Muni Inc II MN B Fund Insights
• AllianceBern Muni Inc II MN B Fund Performance Data
• AllianceBern Muni Inc II MN B Fund News
• AllianceBern Muni Inc II MN B Fund Score Explaination
• AllianceBern Muni Inc II MN B Fund Manager Information
• Historic AllianceBern Muni Inc II MN B Fund Asset Allocation Report
• Historic AllianceBern Muni Inc II MN B Fund Top 10 Holding Tracking
• Historic AllianceBern Muni Inc II MN B Fund Asset Under Management Tracking