AB Municipal Income Fund National Portfolio Class C (ALNCX)
| Fund Assets | 1.96B |
| Expense Ratio | 1.50% |
| Min. Investment | $2,500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.69% |
| Dividend Growth | 9.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.75 |
| YTD Return | 1.28% |
| 1-Year Return | 4.50% |
| 5-Year Return | 0.37% |
| 52-Week Low | 9.01 |
| 52-Week High | 9.76 |
| Beta (5Y) | n/a |
| Holdings | 796 |
| Inception Date | May 3, 1993 |
About ALNCX
AB Municipal Income Fund National Portfolio Class C is an open-end mutual fund specializing in municipal fixed-income investments. Its primary goal is to provide high levels of income that are exempt from federal income tax by investing at least 80% of its assets in a diversified portfolio of municipal securities, which are primarily investment-grade but may also include selective high-yield bonds. The fund's portfolio spans issuers across multiple states, with the flexibility to concentrate more than 25% of assets in a single state if beneficial, and certain securities may be subject to the alternative minimum tax for specific investors. Monthly dividend distributions and a focus on intermediate maturities help the fund manage interest rate risk while seeking a balance between income generation and capital preservation. With hundreds of holdings across sectors such as transportation, healthcare, and public infrastructure, this fund plays a key role for investors seeking federally tax-exempt income, broad municipal bond exposure, and diversification within the U.S. fixed-income market.
Performance
ALNCX had a total return of 4.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02322 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02239 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02108 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02456 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0215 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02356 | Aug 29, 2025 |