AB Diversified Municipal (SNDPX)
| Fund Assets | 5.16B |
| Expense Ratio | 0.50% |
| Min. Investment | $25,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.02% |
| Dividend Growth | 5.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 20, 2025 |
| Previous Close | 14.03 |
| YTD Return | 4.24% |
| 1-Year Return | 3.26% |
| 5-Year Return | 7.25% |
| 52-Week Low | 13.23 |
| 52-Week High | 14.03 |
| Beta (5Y) | n/a |
| Holdings | 1055 |
| 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 3.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.70%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
7.91% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Bills | B.0 10.30.25 | 1.06% |
| Patriots Energy Group Financing Agency - PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE | SC.PEGUTL 02.01.2054 | 1.06% |
| Michigan Finance Authority - MICHIGAN ST FIN AUTH REVENUE | MI.MISFIN 5 05.15.2036 | 0.95% |
| Southeast Energy Authority A Cooperative District - SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE | AL.SEEPWR 12.01.2051 | 0.88% |
| Tennessee Energy Acquisition Corp - TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE | TN.TNSUTL 05.01.2053 | 0.88% |
| New Jersey Transportation Trust Fund Authority - NEW JERSEY ST TRANSPRTN TRUST FUND AUTH | NJ.NJSTRN 5 12.15.2029 | 0.80% |
| MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE | GA.MAIUTL 06.01.2053 | 0.60% |
| Colorado State Education Loan Program - COLORADO ST EDUC LOAN PROGRAM | CO.COSEDU 5 06.30.2026 | 0.57% |
| Private Colleges & Universities Authority - PRIV CLGS & UNIVS AUTH GA | n/a | 0.56% |
| Illinois State Toll Highway Authority - ILLINOIS ST TOLL HIGHWAY AUTH | n/a | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 20, 2025 | $0.03661 | Nov 20, 2025 |
| Oct 20, 2025 | $0.03461 | Oct 20, 2025 |
| Sep 19, 2025 | $0.03923 | Sep 19, 2025 |
| Aug 20, 2025 | $0.03724 | Aug 20, 2025 |
| Jul 18, 2025 | $0.03322 | Jul 18, 2025 |
| Jun 20, 2025 | $0.03914 | Jun 20, 2025 |