AB High Income Municipal Advisor (ABTYX)
| Fund Assets | 2.79B |
| Expense Ratio | 0.95% |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.41% |
| Dividend Growth | 6.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.29 |
| YTD Return | 1.04% |
| 1-Year Return | 0.08% |
| 5-Year Return | 4.69% |
| 52-Week Low | 9.71 |
| 52-Week High | 10.62 |
| Beta (5Y) | n/a |
| Holdings | 825 |
| Inception Date | Jan 26, 2010 |
About ABTYX
AB High Income Municipal Portfolio Advisor Class is an actively managed mutual fund specializing in high-yield municipal bonds. Its primary goal is to maximize tax-exempt income while managing credit and interest rate risk, focusing mainly on municipal securities that are exempt from federal income tax. The fund invests at least 80% of its net assets in a diverse mix of investment-grade and non-investment-grade municipal bonds from U.S. issuers, including those rated below BBB, which are considered high-yield within the municipal bond market. Emphasizing more-liquid, midgrade municipal bonds, the fund aims to provide flexibility and stability during market volatility, leveraging AllianceBernstein’s extensive fixed income research capabilities. With over 800 holdings and a substantial asset base, it offers investors exposure to a broad segment of the municipal market, including sectors like healthcare, infrastructure, and education. The portfolio’s benchmark is the Bloomberg Municipal Index, reflecting its focus on risk-adjusted after-tax returns for investors who seek income exempt from federal taxes, subject to alternative minimum tax provisions for certain securities.
Performance
ABTYX had a total return of 0.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.55%.
Top 10 Holdings
8.60% of assets| Name | Symbol | Weight |
|---|---|---|
| MARYLAND ST STAD AUTH REV 5% | MD.MDSFAC 5 05.01.2050 | 1.52% |
| TOBACCO SETTLEMENT FING CORP N J 5% | NJ.TOBGEN 5 06.01.2046 | 1.42% |
| PUBLIC FIN AUTH WIS REV 5.75% | WI.PUBGEN 5.75 07.25.2041 | 0.81% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2043 | 0.80% |
| TOBACCO SETTLEMENT FING CORP VA 5% | VA.TOBGEN 5 06.01.2047 | 0.79% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 5.25% | AL.SEEPWR 01.01.2054 | 0.69% |
| ARC70 II TR CALIF 5% | OT.RCTGEN 04.01.2065 | 0.69% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV 5% | AL.SEEPWR 01.01.2054 | 0.67% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 0.64% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 0.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03604 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04029 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03755 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03631 | Jun 30, 2025 |
| May 30, 2025 | $0.04917 | May 30, 2025 |
| Apr 30, 2025 | $0.03621 | Apr 30, 2025 |