AB Municipal Income Fund National Portfolio Class C (ALNCX)
| Fund Assets | 2.00B |
| Expense Ratio | 1.50% |
| Min. Investment | $2,500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.76% |
| Dividend Growth | 7.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.72 |
| YTD Return | 1.81% |
| 1-Year Return | 5.88% |
| 5-Year Return | 0.97% |
| 52-Week Low | 9.29 |
| 52-Week High | 9.81 |
| Beta (5Y) | 0.09 |
| Holdings | 856 |
| 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 5.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jan 30, 2026 | $0.02322 | Jan 30, 2026 |