AB High Income Municipal Z (ABTZX)
| Fund Assets | 2.79B |
| Expense Ratio | 0.95% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.40% |
| Dividend Growth | 6.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.23 |
| YTD Return | 0.95% |
| 1-Year Return | -0.11% |
| 5-Year Return | 5.11% |
| 52-Week Low | 9.71 |
| 52-Week High | 10.63 |
| Beta (5Y) | n/a |
| Holdings | 825 |
| Inception Date | Sep 28, 2018 |
About ABTZX
AB High Income Municipal Portfolio Class Z is a mutual fund designed to provide a high level of current income that is exempt from federal taxation. The fund primarily invests in high-yielding municipal securities, encompassing both investment grade and non-investment grade bonds issued by state and local governments. Its core strategy focuses on capitalizing on opportunities within the more-liquid, midgrade segment of the municipal bond market, which enables greater flexibility and the ability to adjust positions under varying market conditions. With a broadly diversified portfolio—holding hundreds of individual securities—the fund aims to maximize risk-adjusted after-tax returns for investors. It is notable for its monthly income distributions, competitive dividend yield, and emphasis on in-depth credit research. AB High Income Municipal Portfolio Class Z serves investors seeking tax-advantaged income and plays a significant role in the high-yield municipal bond segment by helping to finance public projects while offering the potential for enhanced yields relative to traditional municipal bond funds.
Performance
ABTZX had a total return of -0.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.26%.
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 | $0.03602 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04029 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03758 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03634 | Jun 30, 2025 |
| May 30, 2025 | $0.04899 | May 30, 2025 |
| Apr 30, 2025 | $0.03612 | Apr 30, 2025 |