AB Municipal Income Fund New York Portfolio Class A (ALNYX)
| Fund Assets | 546.62M |
| Expense Ratio | 0.75% |
| Min. Investment | $2,500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.18% |
| Dividend Growth | 11.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.34 |
| YTD Return | 1.22% |
| 1-Year Return | 4.61% |
| 5-Year Return | 3.39% |
| 52-Week Low | 8.91 |
| 52-Week High | 9.64 |
| Beta (5Y) | n/a |
| Holdings | 216 |
| Inception Date | Dec 29, 1986 |
About ALNYX
AB Municipal Income Fund New York Portfolio Class A is a mutual fund focused on generating income that is exempt from both federal and New York state and city income taxes. The fund primarily invests in high-yielding, investment-grade municipal securities, making it particularly appealing to individuals residing in New York who seek tax-advantaged income. Its strategy employs a core-plus approach, emphasizing a diversified portfolio of municipal bonds, with selective allocations to higher-yield opportunities while managing interest rate risk by targeting the intermediate segment of the yield curve. Typically, the fund maintains a duration of approximately 4 to 6 years or an average maturity of five to twelve years, positioning it as a muni New York intermediate portfolio. Managed by experienced professionals leveraging robust research platforms, the fund regularly reviews market conditions to optimize tax-exempt income. AB Municipal Income Fund New York Portfolio Class A plays a significant role in the municipal bond market by providing targeted, tax-advantaged income solutions to New York investors and contributing to the financing of public infrastructure within the state.
Performance
ALNYX had a total return of 4.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.09%.
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 | $0.02647 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02607 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02361 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02723 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02419 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02705 | Aug 29, 2025 |