AB Municipal Income National Advisor (ALTVX)
| Fund Assets | 2.02B |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.75% |
| Dividend Growth | 5.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.72 |
| YTD Return | 2.41% |
| 1-Year Return | 6.93% |
| 5-Year Return | 5.47% |
| 52-Week Low | 9.30 |
| 52-Week High | 9.82 |
| Beta (5Y) | 0.09 |
| Holdings | 856 |
| Inception Date | Aug 6, 2008 |
About ALTVX
AB Municipal Income Fund, Inc. – National Portfolio Advisor Class is a diversified mutual fund primarily focused on municipal fixed income securities. Its main purpose is to generate income that is exempt from federal income taxes, by investing at least 80% of its assets in municipal bonds, predominantly of investment-grade quality, though it may also hold select high-yield issues. The fund targets the intermediate segment of the yield curve to manage interest rate risk and to capture favorable risk-adjusted returns, maintaining an effective duration around 6 years. Its portfolio spans various sectors, including transportation, healthcare, and education, as reflected in its holdings of municipal bonds issued by state and local governments and related authorities across the U.S.. With a long-term, income-oriented approach, AB Municipal Income Fund, Inc. – National Portfolio Advisor Class serves investors seeking tax-advantaged income and diversification within the municipal bond market. It is managed by AllianceBernstein’s experienced municipal bond team, leveraging systematic and data-driven investment processes to remain adaptable in evolving market conditions.
Performance
ALTVX had a total return of 6.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.48%.
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 | $0.03034 | Jun 30, 2026 |
| May 29, 2026 | $0.03161 | May 29, 2026 |
| Apr 30, 2026 | $0.02989 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02873 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02905 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0317 | Jan 30, 2026 |