AB Municipal Income N (MISNX)
| Fund Assets | 642.44M |
| Expense Ratio | 0.10% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 9.91 |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.85 |
| 52-Week High | 9.94 |
| Beta (5Y) | 0.73 |
| Holdings | 85 |
| Inception Date | Dec 29, 2011 |
About MISNX
AB Municipal Income Shares N is a mutual fund that seeks to provide the highest level of current income exempt from federal income tax. It pursues this objective by investing principally in high-yielding municipal securities, which may include both investment-grade bonds and non-investment-grade high-yield municipals. The fund maintains a core-plus strategy, focusing primarily on investment-grade municipal bonds while selectively incorporating high-yield options to enhance tax-exempt income potential. To manage interest rate risk, it targets the intermediate segment of the yield curve. Managed by AllianceBernstein, the fund leverages advanced fixed-income research and technology platforms to construct its portfolio. Classified in the high yield municipal category, it offers a no-load share class with a low distribution fee level, making it accessible to a broad range of investors seeking tax-advantaged fixed-income exposure. AB Municipal Income Shares N plays a key role in the municipal bond market by delivering diversified, income-oriented investments backed by municipal issuers across various sectors.
Top 10 Holdings
23.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Nestlé S.A. | NESN | 2.72% |
| Columbia Short-Term Cash | n/a | 2.47% |
| Japan Tobacco Inc. | 2914 | 2.44% |
| United Overseas Bank Limited | U11 | 2.41% |
| Roche Holding AG | ROP | 2.32% |
| KDDI Corporation | 9433 | 2.32% |
| SAP SE | SAP | 2.26% |
| Mitsubishi Electric Corporation | 6503 | 2.18% |
| Unilever PLC | ULVR | 2.11% |
| Air Liquide S.A. | AI | 2.07% |