Mutual Fund Insights: AllianceBern Muni Inc II NJ B Fund (ANJBX)

In-depth Analysis of AllianceBern Muni Inc II NJ B Fund (ANJBX)

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

  

Last Trade: $9.59 on 3/11/2010, Change: 0.00 (0%)

  

Fund Manager - Terrance T. Hults

Fund Manager Tenure: 14.8 years   [Similar Funds: ANJAX  ANJCX ]
Fundmojo Fund Grade: B (Score: 0.63)     (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 NJ B Fund (ANJBX)

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

• AllianceBern Muni Inc II NJ B Fund (ANJBX) management has been with AllianceBern Muni Inc II NJ B Fund for 14.8 years
• AllianceBern Muni Inc II NJ B Fund (ANJBX) ratio of up-years vs down years is greater than 2
• AllianceBern Muni Inc II NJ B Fund (ANJBX) has an annual stock turnover rate of 8.00% vs Muni New Jersey average of 21.12%. It is good that AllianceBern Muni Inc II NJ B management does not trade extensively for its return.
• AllianceBern Muni Inc II NJ B Fund (ANJBX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.6, lower than category average of 7.29

  

 What we are cautious about AllianceBern Muni Inc II NJ B Fund (ANJBX)

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

• AllianceBern Muni Inc II NJ B Fund (ANJBX) has a less-than-ideal short-term performance (1-year return 11.27% vs 12.62% Muni New Jersey category average)
• AllianceBern Muni Inc II NJ B Fund (ANJBX) has a less-than-ideal mid-term performance (3-year return 2.36% vs 2.92% Muni New Jersey category average)
• AllianceBern Muni Inc II NJ B Fund (ANJBX) has a less-than-ideal Long-term performance (5-year return 2.55% vs 3.24% Muni New Jersey category average)
• AllianceBern Muni Inc II NJ B Fund (ANJBX) has a Morningstar rating of 3 and below
• AllianceBern Muni Inc II NJ B Fund (ANJBX) is less safe compared to its Muni New Jersey peers
• AllianceBern Muni Inc II NJ B Fund (ANJBX) does not have a good risk adjusted return as its 3-year Alpha of -1.91 is worse than category average of -1.88, and its 3-year Sharpe ratio is 0.09
• AllianceBern Muni Inc II NJ B Fund (ANJBX) has a higher management fee of 1.57% than its Muni New Jersey average of 1.02%
• AllianceBern Muni Inc II NJ B Fund (ANJBX) carries a 3% load

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

  

  

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AllianceBern Muni Inc II NJ B Fund (ANJBX) Net Asset

Track net asset change of AllianceBern Muni Inc II NJ B fund (ANJBX)

Date	Net Asset
01/2010	$7.04M
11/2009	$7.77M
10/2009	$8.06M

More historic net asset information on AllianceBern Muni Inc II NJ B Fund (ANJBX)

  

AllianceBern Muni Inc II NJ B Fund (ANJBX) Portfolio Allocation

Track portfolio allocation change of AllianceBern Muni Inc II NJ B fund (ANJBX)

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 Inc II NJ B Fund (ANJBX)

  

Most Recent Top 10 Holdings in AllianceBern Muni Inc II NJ B Fund (ANJBX)

Discover what AllianceBern Muni Inc II NJ B Fund (ANJBX) manager is buying

31-Oct-09 Port Auth 5.75% [4.49%] North Hudson Sew Auth [3.22%] Port Auth [3.16%] New Jersey St Tpk Auth 5% [3.01%] New Jersey Econ Dev Auth 6.4% [2.89%] New Jersey Econ Dev Auth 6.875% [2.88%] Bergen Cnty N J Impt Auth 5% [2.47%] New Jersey St Transn Tr Fd Aut Tran 5.5% [2.46%] New Jersey Health Care Facs Fi Re 5.125% [2.37%] New Jersey Health Care Facs Fi Re 5.125% [2.36%]

31-Aug-09 Port Auth 5.75% [4.09%] New Jersey Health Care Facs Fi Re 5.125% [3.85%] North Hudson Sew Auth [3.35%] Port Auth [3.2%] New Jersey Econ Dev Auth 6.4% [3.03%] New Jersey Econ Dev Auth 6.875% [3.02%] Bergen Cnty N J Impt Auth 5% [2.63%] New Jersey St Transn Tr Fd Aut Tran 5.5% [2.6%] Hoboken N J Pkg Auth 5.3% [2.44%] New Jersey Econ Dev Auth 6.5% [2.36%]

31-Jul-09 Port Auth 5.75% [4.12%] New Jersey Health Care Facs Fi Re 5.125% [3.78%] North Hudson Sew Auth [3.32%] Port Auth [3.25%] New Jersey Econ Dev Auth 6.4% [3.07%] New Jersey Econ Dev Auth 6.875% [3.07%] Bergen Cnty N J Impt Auth 5% [2.67%] New Jersey St Transn Tr Fd Aut Tran 5.5% [2.67%] Hoboken N J Pkg Auth 5.3% [2.49%] New Jersey Econ Dev Auth 6.5% [2.35%]

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

  

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See more information on AllianceBern Muni Inc II NJ B Fund (ANJBX)

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