AB Municipal Income Fund II Massachusetts Portfolio Class A (AMAAX)

Fund Assets	260.47M
Expense Ratio	0.746%
Min. Investment	$2,500
Turnover	14.00%
Dividend (ttm)	0.34
Dividend Yield	3.49%
Dividend Growth	4.76%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.76
YTD Return	-2.91%
1-Year Return	-2.20%
5-Year Return	-1.68%
52-Week Low	9.63
52-Week High	10.44
Beta (5Y)	0.06
Holdings	170
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.

• Fund Family: AllianceBernstein
• Category: Muni Massachusetts
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: AMAAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

AMAAX had a total return of -2.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.07%.

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AMAYX	Advisor Class	0.52%
AMACX	Class C	1.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02875	Sep 30, 2026
Aug 31, 2026	$0.02728	Aug 31, 2026
Jul 31, 2026	$0.03097	Jul 31, 2026
Jun 30, 2026	$0.02808	Jun 30, 2026
May 29, 2026	$0.02964	May 29, 2026
Apr 30, 2026	$0.02837	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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