AB Intermediate Diversified Muni A (AIDAX)
| Fund Assets | 5.16B |
| Expense Ratio | 0.69% |
| Min. Investment | $2,500 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 2.75% |
| Dividend Growth | 6.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 19, 2025 |
| Previous Close | 13.99 |
| YTD Return | 1.08% |
| 1-Year Return | 1.30% |
| 5-Year Return | 4.77% |
| 52-Week Low | 13.52 |
| 52-Week High | 14.04 |
| Beta (5Y) | n/a |
| Holdings | 1041 |
| 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 1.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.95%.
Top 10 Holdings
8.00% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 10.30.25 | 1.08% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 02.01.2054 | 1.07% |
| MICHIGAN FIN AUTH REV 5% | MI.MISFIN 5 05.15.2036 | 0.97% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 05.01.2053 | 0.89% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | AL.SEEPWR 12.01.2051 | 0.87% |
| NEW JERSEY ST TRANSN TR FD AUTH 5% | NJ.NJSTRN 5 12.15.2029 | 0.82% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 06.01.2053 | 0.61% |
| COLORADO ST ED LN PROG 5% | CO.COSEDU 5 06.30.2026 | 0.59% |
| PRIVATE COLLEGES & UNIVS AUTH GA REV 5% | GA.PRIHGR 5 09.01.2033 | 0.55% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 01.01.2029 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2025 | $0.03715 | Sep 19, 2025 |
| Aug 20, 2025 | $0.03531 | Aug 20, 2025 |
| Jul 18, 2025 | $0.03151 | Jul 18, 2025 |
| Jun 20, 2025 | $0.03692 | Jun 20, 2025 |
| May 20, 2025 | $0.0338 | May 20, 2025 |
| Apr 17, 2025 | $0.03481 | Apr 17, 2025 |