AB Municipal Income Fund II Massachusetts Portfolio Class A (AMAAX)
| Fund Assets | 261.45M |
| Expense Ratio | 0.77% |
| Min. Investment | $2,500 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.16% |
| Dividend Growth | 9.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.38 |
| YTD Return | 0.95% |
| 1-Year Return | 4.34% |
| 5-Year Return | 1.51% |
| 52-Week Low | 9.91 |
| 52-Week High | 10.70 |
| Beta (5Y) | n/a |
| Holdings | 147 |
| Inception Date | Mar 29, 1994 |
About AMAAX
AB Municipal Income Fund II Massachusetts Portfolio Class A is an open-end municipal bond fund focused on generating high levels of current income that are exempt from federal and Massachusetts state income taxes. The strategy primarily invests in investment-grade Massachusetts municipal securities, with selective exposure to high-yield issues, and targets the intermediate portion of the yield curve to balance income and interest-rate risk. The portfolio is diversified across essential-service and state-backed issuers, including bonds from the Commonwealth of Massachusetts, transportation authorities, water resources, and development finance agencies. Managed within AllianceBernstein’s fixed-income platform, the fund emphasizes medium credit quality and moderate interest-rate sensitivity, reflecting an effective duration near the intermediate range. It distributes income monthly and has operated since 1994 in this share class, positioning it as a long-standing option for investors seeking tax-exempt income tied to Massachusetts municipal finance. The fund’s objective and approach align it with the Muni Massachusetts category, with holdings typically concentrated in state and local revenue and general obligation bonds issued to fund infrastructure and public services.
Performance
AMAAX had a total return of 4.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.61%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDMMX | Fidelity | Fidelity Massachusetts Municipal Income Fund | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03032 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02877 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02617 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0309 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0274 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0306 | Aug 29, 2025 |