Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | APABX Insights | APABX Score | APABX Performance | APABX News | APABX Allocation | APABX Holdings Change

AB Municipal Income II Pennsylvania B (APABX) Fund Ranking and Research

Ranking, Research and Recommendation of AB Municipal Income II Pennsylvania B (APABX) Fund

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

 

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

Fund Manager Information

Fund Manager Tenure: 23.7 years
Similar Funds: APAAX  APACX 
Fund Family: AllianceBernstein
Fund Category: Muni Pennsylvania
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.64)     (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 Pennsylvania B Fund (APABX) ProfileAB Municipal Income II Pennsylvania B Fund (APABX) Profile

Fund Profile and Description

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

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

  • AB Municipal Income II Pennsylvania B Fund (APABX) management has been with AB Municipal Income II Pennsylvania B Fund for 23.7 years
  • AB Municipal Income II Pennsylvania B Fund (APABX) ratio of up-years vs down years is greater than 2
  • AB Municipal Income II Pennsylvania B Fund (APABX) has an annual stock turnover rate of 2.00% vs Muni Pennsylvania average of 11.10%. It is good that AB Municipal Income II Pennsylvania B management does not trade extensively for its return.
  • AB Municipal Income II Pennsylvania B Fund (APABX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.52, lower than category average of 4.02

AB Municipal Income II Pennsylvania B Fund (APABX) Weakness What we are cautious about AB Municipal Income II Pennsylvania B (APABX) Fund

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

  • AB Municipal Income II Pennsylvania B Fund (APABX) has a less-than-ideal short-term performance (1-year return 5.04% vs 5.13% Muni Pennsylvania category median performance)
  • AB Municipal Income II Pennsylvania B Fund (APABX) has a less-than-ideal mid-term performance (3-year return 2.92% vs 3.43% Muni Pennsylvania category median performance)
  • AB Municipal Income II Pennsylvania B Fund (APABX) has a less-than-ideal Long-term performance (5-year return 3.88% vs 4.85% Muni Pennsylvania category median performance)
  • AB Municipal Income II Pennsylvania B Fund (APABX) has a Morningstar rating of 3 and below
  • AB Municipal Income II Pennsylvania B Fund (APABX) is less safe compared to its Muni Pennsylvania peers
  • AB Municipal Income II Pennsylvania B Fund (APABX) has a higher expense ratio of 1.60% than its Muni Pennsylvania average of 0.94%
  • AB Municipal Income II Pennsylvania B Fund (APABX) carries a 3% load
  • Asset base in AB Municipal Income II Pennsylvania B Fund (APABX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See AB Municipal Income II Pennsylvania B Fund (APABX) performance details as of May 30, 2016

 

What do you think?

 

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

Aadditional top Muni Pennsylvania mutual funds for your consideration

FundYear to Date1 Year3 year5 year
AB Municipal Income II Pennsylvania B2.265.042.923.88
Wells Fargo Advantage PA Tax-Free I (EKVYX)2.075.134.495.84Compare
Nuveen PA Municipal Bond A (FPNTX)3.106.494.705.91Compare

See top fund managers for Muni Pennsylvania Category Funds

 

Graph of AB Municipal Income II Pennsylvania B Fund (APABX) Net Asset TrackingAB Municipal Income II Pennsylvania B (APABX) Fund Net Asset

Track net asset change of AB Municipal Income II Pennsylvania B fund (APABX)

DateNet Asset
05/2016$97.03M
03/2016$97.68M
02/2016$98.21M
More historic net asset information on AB Municipal Income II Pennsylvania B Fund (APABX)

  

Graph of AB Municipal Income II Pennsylvania B Fund (APABX) Portfolio TrackingAB Municipal Income II Pennsylvania B (APABX) Fund Portfolio Allocation

Track portfolio allocation change of AB Municipal Income II Pennsylvania B fund (APABX)

DateCashStockBondOther
04/20160.73%0%99.27%0%
02/20160.82%0%99.18%0%
12/20153.18%0%96.82%0%
Click here to see more historic asset allocation information on AB Municipal Income II Pennsylvania B Fund (APABX)

 

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

Discover what AB Municipal Income II Pennsylvania B Fund (APABX) manager is buying

Apr 29, 2016
Delaware Riv Port Auth 5% [5.15%]
Carlisle Pa Area Sch Dist 5% [4.92%]
Lower Paxton Twp Pa Go Bds 5% [4.69%]
Pennsylvania Intergovernmental Spl Ta 5% [4.6%]
Philadelphia Pa Sch Dist 5.25% [4.48%]
Bensalem Twp Pa Sch Dist 5% [4.08%]
Triborough Brdg & Tunl Auth 5% [3.66%]
Univ Pittsburgh Of The Comwlth Univ C 4% [3.66%]
Philadelphia Pa Pkg Auth 5% [3.2%]
District Columbia Income Tax R Inc 5.25% [3.07%]

Feb 28, 2016
Delaware Riv Port Auth 5% [5.23%]
Carlisle Pa Area Sch Dist 5% [4.98%]
Pennsylvania Intergovernmental Spl Ta 5% [4.72%]
Lower Paxton Twp Pa Go Bds 5% [4.68%]
Philadelphia Pa Sch Dist 5.25% [4.63%]
Bensalem Twp Pa Sch Dist 5% [4.12%]
Triborough Brdg & Tunl Auth 5% [3.69%]
Univ Pittsburgh Of The Comwlth Univ C 4% [3.68%]
Pennsylvania St Go Bds 5% [3.39%]
Philadelphia Pa Pkg Auth 5% [3.28%]

Dec 30, 2015
Delaware Riv Port Auth 5% [4.98%]
Carlisle Pa Area Sch Dist 5% [4.77%]
Lower Paxton Twp Pa Go Bds 5% [4.57%]
Pennsylvania Intergovernmental Spl Ta 5% [4.57%]
Philadelphia Pa Sch Dist 5.25% [4.45%]
Bensalem Twp Pa Sch Dist 5% [3.97%]
Triborough Brdg & Tunl Auth 5% [3.55%]
Univ Pittsburgh Of The Comwlth Univ C 4% [3.55%]
Pennsylvania St Go Bds 5% [3.29%]
Philadelphia Pa Pkg Auth 5% [3.13%]
Click here for Stock Holding Change Map in AB Municipal Income II Pennsylvania B Fund (APABX)

  

Latest News on AB Municipal Income II Pennsylvania B (APABX) Fund

See what is happening with AB Municipal Income II Pennsylvania B Fund (APABX)

    No recent news

 

AB Municipal Income II Pennsylvania B Fund (APABX) Related ResourcesSee more information on AB Municipal Income II Pennsylvania B (APABX) Fund

Popular pages on AB Municipal Income II Pennsylvania B (APABX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update