AB Intermediate Diversified Municipal Portfolio Class A (AIDAX)
| Fund Assets | 5.43B |
| Expense Ratio | 0.69% |
| Min. Investment | $2,500 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 2.86% |
| Dividend Growth | 6.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 20, 2026 |
| Previous Close | 13.95 |
| YTD Return | 0.20% |
| 1-Year Return | 4.72% |
| 5-Year Return | 6.09% |
| 52-Week Low | 13.52 |
| 52-Week High | 14.23 |
| Beta (5Y) | n/a |
| Holdings | 1060 |
| Inception Date | Feb 1, 2002 |
About AIDAX
AB Intermediate Diversified Municipal Portfolio Class A is an actively managed mutual fund focused on U.S. municipal bonds with an intermediate interest-rate profile. Its primary objective is to provide tax-exempt income and maximize total after-tax return by investing broadly across states and sectors in investment-grade munis, while managing volatility through short- to intermediate-term duration positioning. The portfolio emphasizes credit quality—AllianceBernstein highlights that a substantial share of holdings are rated A or higher—and diversifies widely, with hundreds of bonds and a modest concentration in the top positions. The fund targets essential-service and revenue-backed issuers such as transportation, education, and energy-related authorities, reflecting a cross‑sector approach within the municipal market. Within the Muni National Short category, it is designed to balance income stability and interest-rate sensitivity, aiming to limit drawdowns relative to longer-duration strategies. Regular monthly distributions and a long operating history support its role as a core tax‑sensitive fixed income holding for investors seeking federally tax‑exempt income and broad municipal diversification.
Performance
AIDAX had a total return of 4.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.03%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2026 | $0.03096 | Mar 20, 2026 |
| Feb 22, 2026 | $0.03665 | Feb 22, 2026 |
| Jan 20, 2026 | $0.0216 | Jan 20, 2026 |
| Dec 31, 2025 | $0.01111 | Dec 31, 2025 |
| Dec 19, 2025 | $0.03465 | Dec 19, 2025 |
| Nov 20, 2025 | $0.03459 | Nov 20, 2025 |