AB High Income Municipal Z (ABTZX)

Fund Assets	2.49B
Expense Ratio	0.975%
Min. Investment	$0.00
Turnover	21.00%
Dividend (ttm)	0.49
Dividend Yield	5.13%
Dividend Growth	7.64%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.52
YTD Return	-3.96%
1-Year Return	-2.77%
5-Year Return	-3.22%
52-Week Low	9.37
52-Week High	10.47
Beta (5Y)	n/a
Holdings	896
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.

• Fund Family: AllianceBernstein
• Category: High Yield Muni
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: ABTZX
• Share Class: Class Z
• Index: Bloomberg Municipal Bond TR

Performance

ABTZX had a total return of -2.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.05%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ABTYX	Advisor Class	0.97%
ABTHX	Class A	1.22%
ABTFX	Class C	1.97%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04062	Sep 30, 2026
Aug 31, 2026	$0.03874	Aug 31, 2026
Jul 31, 2026	$0.04409	Jul 31, 2026
Jun 30, 2026	$0.03997	Jun 30, 2026
May 29, 2026	$0.04697	May 29, 2026
Apr 30, 2026	$0.03955	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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