AB Municipal Income Fund California Portfolio Advisor Class (ALCVX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.21
-0.01 (-0.10%)
May 30, 2025, 4:00 PM EDT
-1.45% (1Y)
| Fund Assets | 720.00M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.51% |
| Dividend Growth | 3.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 10.22 |
| YTD Return | -1.52% |
| 1-Year Return | 1.98% |
| 5-Year Return | 6.32% |
| 52-Week Low | 10.03 |
| 52-Week High | 10.75 |
| Beta (5Y) | n/a |
| Holdings | 410 |
| Inception Date | Aug 6, 2008 |
About ALCVX
The AB Municipal Income Fund California Portfolio Advisor Class (ALCVX) seeks to earn the highest level of current income, exempt from federal income tax and California personal income tax that is available without assuming what the Adviser considers to be undue risk to income or principal. ALCVX invests principally in high-yielding, investment grade municipal securities.
Fund Family AB Funds - ADV
Category Muni California Intermediate
Performance Rating High
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol ALCVX
Share Class Advisor Class
Index Bloomberg Municipal Bond TR
Performance
ALCVX had a total return of 1.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
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 Municipal Income Fund - Class A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class M | 0.67% |
Top 10 Holdings
15.09% of assets| Name | Symbol | Weight |
|---|---|---|
| LOS ANGELES CALIF UNI SCH DIST 5% | CA.LOSSCD 5 07.01.2032 | 2.39% |
| LOS ANGELES CNTY CALIF 5% | CA.LOS 5 06.30.2025 | 1.96% |
| CALIFORNIA ST 5.25% | CA.CAS 5.25 09.01.2053 | 1.68% |
| AB Government Money Market Portfolio | MYMXX | 1.67% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5% | CA.CASDEV 5 12.01.2054 | 1.61% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | CA.CASGEN 5.25 12.01.2054 | 1.51% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.28% | CA.BAYTRN 04.01.2056 | 1.14% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2041 | 1.06% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2056 | 1.04% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2054 | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.03077 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02917 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02844 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03309 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02987 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03031 | Nov 29, 2024 |