AB Municipal Income Fund II Virginia Portfolio Advisor Class (AVAYX)
| Fund Assets | 216.21M |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.32% |
| Dividend Growth | 9.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.59 |
| YTD Return | 1.26% |
| 1-Year Return | 5.45% |
| 5-Year Return | 4.89% |
| 52-Week Low | 9.69 |
| 52-Week High | 10.59 |
| Beta (5Y) | n/a |
| Holdings | 121 |
| Inception Date | Jul 25, 2016 |
About AVAYX
AB Municipal Income Fund II Virginia Portfolio Advisor Class is a fixed-income mutual fund designed to provide investors with high levels of income that are exempt from both federal and Virginia state income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds issued within Virginia, with selective allocations to higher-yielding securities to enhance returns. Its strategy focuses on managing interest rate risk by targeting the intermediate segment of the yield curve, seeking to balance potential yield with price stability. This fund leverages the expertise of a data-driven investment team and benefits from active risk management, aiming to deliver consistent, tax-advantaged income. The portfolio plays a significant role for investors seeking to preserve capital while earning tax-free income, particularly those residing in Virginia or seeking targeted municipal bond exposure within the state. Its tax-efficient structure makes it a common choice for individuals in higher tax brackets or those looking to supplement taxable fixed-income holdings with municipals exempt from federal and state taxes.
Performance
AVAYX had a total return of 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.13%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03177 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03053 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02723 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03185 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02817 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03109 | Aug 29, 2025 |