AB Municipal Income Fund California Portfolio Class C (ACACX)

Fund Assets	1.31B
Expense Ratio	1.442%
Min. Investment	$2,500
Turnover	21.00%
Dividend (ttm)	0.28
Dividend Yield	2.78%
Dividend Growth	4.54%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.93
YTD Return	-3.62%
1-Year Return	-2.99%
5-Year Return	-2.53%
52-Week Low	9.82
52-Week High	10.68
Beta (5Y)	0.10
Holdings	471
Inception Date	May 3, 1993

About ACACX

AB Municipal Income Fund – California Portfolio Class C is a tax-exempt municipal bond mutual fund focused on generating high current income free from U.S. federal and California state income taxes. The fund primarily invests in investment-grade California municipal securities, with selective exposure to high-yield bonds in a core-plus framework. It targets the intermediate portion of the yield curve to manage interest-rate risk, aligning with the Muni California Intermediate category’s typical duration and maturity profile. The portfolio finances essential public projects across the state—such as infrastructure, education, and healthcare—providing diversified exposure to California’s municipal credit market. Managed by AllianceBernstein’s fixed-income team, the strategy emphasizes diversified credit selection and risk controls while maintaining at least 80% of assets in California municipal debt. Within the market, it serves investors seeking state-specific, tax-advantaged income and a dedicated allocation to municipal bonds, offering a vehicle that balances income generation with measured interest-rate sensitivity and municipal credit risk.

• Fund Family: AllianceBernstein
• Category: Muni California Intermediate
• Performance Rating: Below Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: ACACX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

ACACX had a total return of -2.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.20%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FCMAX	Fidelity	Fidelity Advisor California Muni Inc A	0.74%
FCTFX	Fidelity	Fidelity California Municipal Income Fund	0.43%
FIJBX	Fidelity	Fidelity Advisor California Muni Inc Z	0.41%
FCMQX	Fidelity	Fidelity Advisor California Muni Inc I	0.52%
FCMTX	Fidelity	Fidelity Advisor California Muni Inc M	0.66%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ALCVX	Advisor Class	0.50%
ALCAX	Class A	0.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0235	Sep 30, 2026
Aug 31, 2026	$0.0217	Aug 31, 2026
Jul 31, 2026	$0.02424	Jul 31, 2026
Jun 30, 2026	$0.02231	Jun 30, 2026
May 29, 2026	$0.02487	May 29, 2026
Apr 30, 2026	$0.0237	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 15, 2026

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