AB Municipal Income Fund National Portfolio Class C (ALNCX)

Fund Assets	1.98B
Expense Ratio	1.50%
Min. Investment	$2,500
Turnover	21.00%
Dividend (ttm)	0.27
Dividend Yield	2.83%
Dividend Growth	7.72%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.53
YTD Return	0.26%
1-Year Return	4.48%
5-Year Return	-0.55%
52-Week Low	9.38
52-Week High	9.81
Beta (5Y)	0.09
Holdings	870
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.

• Fund Family: AllianceBernstein
• Category: Muni National Interm
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ALNCX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

ALNCX had a total return of 4.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.08%.

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 M	0.75%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.50%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.50%
FUENX	Fidelity	Fidelity Flex Municipal Income Fund	n/a
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ALTVX	Advisor Class	0.50%
ALTHX	Class A	0.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02348	Jul 31, 2026
Jun 30, 2026	$0.0224	Jun 30, 2026
May 29, 2026	$0.02345	May 29, 2026
Apr 30, 2026	$0.02195	Apr 30, 2026
Mar 31, 2026	$0.02079	Mar 31, 2026
Feb 27, 2026	$0.02154	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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