AB High Income Municipal Portfolio Class Z (ABTZX)
| Fund Assets | 2.84B |
| Expense Ratio | 0.95% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.59% |
| Dividend Growth | 8.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.25 |
| YTD Return | 0.70% |
| 1-Year Return | 4.55% |
| 5-Year Return | 5.02% |
| 52-Week Low | 9.71 |
| 52-Week High | 10.47 |
| Beta (5Y) | n/a |
| Holdings | 803 |
| 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 4.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.87%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.04035 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04221 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03949 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03658 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04283 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03602 | Sep 30, 2025 |