About AIDZX
Sanford C. Bernstein Fund, Inc. – AB Intermediate Diversified Municipal Portfolio Class Z is an actively managed municipal bond mutual fund designed to provide federally tax-exempt income by investing across a broad mix of U.S. state and local issuers. The portfolio emphasizes intermediate interest-rate exposure, aligning with a muni national short/intermediate profile that targets limited rate sensitivity while seeking diversified credit opportunities. Credit quality skews toward higher grades, with meaningful allocations to AA and A-rated bonds and a measured stake in BBB, reflecting a balance between quality and income potential. Sector exposure spans essential-service and revenue-backed projects such as transportation, education, and utility and energy supply authorities, dispersing risk across states and sectors. The strategy maintains a relatively modest concentration, with a small portion of assets in the top holdings, underscoring its diversified construction. Within the municipal bond market, this fund serves as a core tax-exempt income option for investors seeking intermediate duration, broad credit diversification, and professional management under a well-established platform, offered in an institutional-oriented share class structure.
Fund Family AllianceBernstein
Category Muni National Interm
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol AIDZX
Share Class Ab Intermediate Diversified Municipal Class Z
Index Bloomberg 5 Y Gen Obligation Muni Bond TR
AIDZX had a total return of 5.40% in the past year, including dividends.
Since the fund's inception, the average annual return has been 2.41%.
