AB Municipal Income (MISHX)

Fund Assets	15.70B
Expense Ratio	0.188%
Min. Investment	$0.00
Turnover	21.00%
Dividend (ttm)	0.54
Dividend Yield	5.21%
Dividend Growth	5.11%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.42
YTD Return	-3.12%
1-Year Return	-2.03%
5-Year Return	2.35%
52-Week Low	10.29
52-Week High	11.32
Beta (5Y)	0.35
Holdings	2310
Inception Date	Sep 1, 2010

About MISHX

AB Municipal Income Fund is an open-end mutual fund that specializes in generating a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, targeting both investment-grade and high-yield (non-investment grade) bonds issued by state and local governments throughout the United States. Its holdings span a wide range of sectors that finance public infrastructure, such as transportation, healthcare, energy, and education projects. The fund actively manages interest rate and credit risk, utilizing strategies such as investment in variable and floating-rate securities, derivatives, and tender option bond transactions to enhance yield and maintain portfolio flexibility. Management emphasizes a balance between seeking competitive tax-exempt income and maintaining an appropriate risk profile. The AB Municipal Income Fund also features a low expense ratio, monthly dividend distributions, and a broad, multi-state approach, making it a significant participant in the national municipal bond market and an important vehicle for investors seeking income with potential tax benefits.

• Fund Family: AllianceBernstein
• Category: High Yield Muni
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MISHX
• Index: Bloomberg Municipal Bond TR

Performance

MISHX had a total return of -2.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.92%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04604	Sep 30, 2026
Aug 31, 2026	$0.04312	Aug 31, 2026
Jul 31, 2026	$0.0493	Jul 31, 2026
Jun 30, 2026	$0.0452	Jun 30, 2026
May 29, 2026	$0.04596	May 29, 2026
Apr 30, 2026	$0.04588	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 15, 2026

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