AB Municipal Income Fund New York Portfolio Advisor Class (ALNVX)
| Fund Assets | 546.62M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.52% |
| Dividend Growth | 10.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.34 |
| YTD Return | 1.17% |
| 1-Year Return | 5.02% |
| 5-Year Return | 5.04% |
| 52-Week Low | 8.62 |
| 52-Week High | 9.35 |
| Beta (5Y) | n/a |
| Holdings | 216 |
| Inception Date | Aug 6, 2008 |
About ALNVX
AB Municipal Income Fund New York Portfolio Advisor Class is a municipal bond mutual fund designed to provide shareholders with the highest possible level of current income exempt from federal, New York State, and New York City income taxes, within a risk framework established by the fund's adviser. The fund primarily invests in high-quality, investment-grade municipal securities issued within New York, with approximately 80% of its holdings rated A or higher. Its portfolio focuses on short- to intermediate-term bonds to help manage volatility and interest-rate risk, making it suitable for investors seeking tax-advantaged income with a moderate risk profile. With over 200 holdings and a strong emphasis on credit quality, this fund plays a significant role for New York residents aiming to maximize after-tax income. It is managed by AllianceBernstein using a data-driven and disciplined investment approach, offering monthly income distributions and aiming for stability alongside competitive, risk-adjusted returns within its category.
Performance
ALNVX had a total return of 5.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.81%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEMIX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class I | 0.52% |
| FNMAX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class A | 0.75% |
| FTFMX | Fidelity | Fidelity New York Municipal Income Fund | 0.44% |
| FNYPX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class M | 0.71% |
| FNYCX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class C | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02851 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02804 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02539 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02933 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02601 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02902 | Aug 29, 2025 |