AB High Income Municipal Z (ABTZX)
| Fund Assets | 2.79B |
| Expense Ratio | 0.87% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.61% |
| Dividend Growth | 6.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.36 |
| YTD Return | 2.81% |
| 1-Year Return | 8.46% |
| 5-Year Return | 2.76% |
| 52-Week Low | 9.76 |
| 52-Week High | 10.47 |
| Beta (5Y) | n/a |
| Holdings | 858 |
| 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 8.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.02%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03997 | Jun 30, 2026 |
| May 29, 2026 | $0.04697 | May 29, 2026 |
| Apr 30, 2026 | $0.03955 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0368 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04035 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04221 | Jan 30, 2026 |