AB Diversified Municipal (SNDPX)
| Fund Assets | 5.10B |
| Expense Ratio | 0.50% |
| Min. Investment | $25,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.00% |
| Dividend Growth | 7.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 13.95 |
| YTD Return | 1.01% |
| 1-Year Return | 1.17% |
| 5-Year Return | 5.03% |
| 52-Week Low | 13.51 |
| 52-Week High | 14.09 |
| Beta (5Y) | n/a |
| Holdings | 1004 |
| Inception Date | Jan 17, 1989 |
About SNDPX
AB Intermediate Diversified Municipal Portfolio is an open-end municipal bond fund designed to deliver federally tax‑exempt income with an emphasis on capital preservation. The portfolio invests primarily in short‑ to intermediate‑term municipal securities, maintaining a conservative credit profile with a large majority of holdings rated A or higher to manage default risk and dampen volatility. It spans a wide range of issuers and sectors—such as state transportation authorities, education loan programs, and utility and energy systems—providing broad diversification across geographies and revenue sources. Positioned in the Muni National Short category, the strategy targets limited interest‑rate sensitivity while seeking stable income through a laddered, research‑driven approach. The fund’s sizable asset base, extensive bond count, and relatively small concentration in top positions reflect a diversified structure intended to mitigate idiosyncratic risk. By focusing on tax‑exempt cash flows and disciplined duration management, AB Intermediate Diversified Municipal Portfolio plays a role as a core municipal allocation for investors prioritizing steady income, high credit quality, and risk-aware exposure to the U.S. municipal market.
Performance
SNDPX had a total return of 1.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
7.68% of assets| Name | Symbol | Weight |
|---|---|---|
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 02.01.2054 | 1.12% |
| MICHIGAN FIN AUTH REV 5% | MI.MISFIN 5 05.15.2036 | 1.02% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 05.01.2053 | 0.93% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | AL.SEEPWR 12.01.2051 | 0.92% |
| NEW JERSEY ST TRANSN TR FD AUTH 5% | NJ.NJSTRN 5 12.15.2029 | 0.86% |
| PRIVATE COLLEGES & UNIVS AUTH GA REV 5% | GA.PRIHGR 5 09.01.2033 | 0.58% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 01.01.2029 | 0.58% |
| ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% | IL.ILSTRN 5 01.01.2041 | 0.57% |
| PASCO CNTY FLA HOSP REV 5% | FL.PCHMED 5 07.01.2030 | 0.56% |
| NORTH TEX TWY AUTH REV 5% | TX.NRTTRN 5 01.01.2034 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 20, 2025 | $0.03724 | Aug 20, 2025 |
| Jul 18, 2025 | $0.03322 | Jul 18, 2025 |
| Jun 20, 2025 | $0.03914 | Jun 20, 2025 |
| May 20, 2025 | $0.03585 | May 20, 2025 |
| Apr 17, 2025 | $0.03695 | Apr 17, 2025 |
| Mar 20, 2025 | $0.03296 | Mar 20, 2025 |