AB Municipal Bond Inflation Strategy 2 (AUNTX)
| Fund Assets | 1.49B |
| Expense Ratio | 0.50% |
| Min. Investment | $5,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.00% |
| Dividend Growth | 12.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 10, 2025 |
| Previous Close | 10.82 |
| YTD Return | 3.10% |
| 1-Year Return | 3.41% |
| 5-Year Return | 16.92% |
| 52-Week Low | 10.36 |
| 52-Week High | 10.83 |
| Beta (5Y) | 0.23 |
| Holdings | 587 |
| Inception Date | Jan 26, 2010 |
About AUNTX
AB Municipal Bond Inflation Strategy 2 is a mutual fund designed to provide investors with a combination of tax-efficient income and protection against inflation. The fund primarily invests in high-quality short- and intermediate-term municipal bonds, which are generally exempt from federal income taxes, making it particularly attractive for investors seeking tax-advantaged income. To address inflation risk, the strategy incorporates inflation hedging by entering into inflation swap agreements or investing in other inflation-protected instruments, distinguishing itself from conventional municipal bond funds. This fund seeks to maximize real after-tax returns for investors subject to federal taxes, while maintaining a careful balance to avoid undue risk to principal. The investment approach is systematic and data-driven, focusing on flexibility and nimble allocation within the municipal bond universe. Additionally, the fund may allocate up to 20% of its assets to below investment grade securities, providing an opportunity for enhanced yield. Its structure aims to bolster after-tax returns compared to alternatives like Treasury Inflation-Protected Securities (TIPS), especially during inflationary periods, while managing interest rate risk through a portfolio of relatively short average durations.
Performance
AUNTX had a total return of 3.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.61%.
Top 10 Holdings
11.44% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST URBAN DEV CORP REV 5% | NY.NYSDEV 5 09.15.2029 | 2.85% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | AL.SEEPWR 12.01.2051 | 1.29% |
| NEW JERSEY ST TRANSN TR FD AUTH 5% | NJ.NJSTRN 5 06.15.2029 | 1.25% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | AL.BBEUTL 06.01.2051 | 1.14% |
| PHILADELPHIA PA 5% | PA.PHI 5 08.01.2028 | 0.95% |
| PORT SEATTLE WASH REV 4% | WA.PTSGEN 4 08.01.2041 | 0.82% |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | TX.TAREDU 5 07.01.2031 | 0.81% |
| PRIVATE COLLEGES & UNIVS AUTH GA REV 5% | GA.PRIHGR 5 09.01.2033 | 0.78% |
| MICHIGAN FIN AUTH REV 3.75% | MI.MISFIN 11.15.2049 | 0.78% |
| FEDERAL HOME LN MTG CORP ENHANCED RCPT C/O US BANK 3.87% | FCR.2019-B 1 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 10, 2025 | $0.0326 | Sep 12, 2025 |
| Aug 6, 2025 | $0.0251 | Aug 8, 2025 |
| Jul 9, 2025 | $0.0324 | Jul 11, 2025 |
| Jun 4, 2025 | $0.0245 | Jun 6, 2025 |
| May 7, 2025 | $0.0255 | May 9, 2025 |
| Apr 9, 2025 | $0.0298 | Apr 11, 2025 |