Morningstar

AB Municipal Income II Arizona Adv AAZYX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 10.55  /  +0.21 %
  • Total Assets 84.0 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.540%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.78%
  • Effective Duration 6.70 years

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:40 AM GMT+0

Morningstar’s Analysis AAZYX

Will AAZYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAZYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAZYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAZYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit AB Municipal Income II Arizona Adv to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings AAZYX

More AAZYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GILBERT ARIZ WTR RES MUN PPTY CORP UTIL SYS REV 4%

6.05 5.1 Mil
municipal

BUCKEYE ARIZ EXCISE TAX REV 5%

4.19 3.5 Mil
municipal

ARIZONA HEALTH FACS AUTH REV 5%

3.61 3.0 Mil
municipal

SALT VERDE FINL CORP GAS REV ARIZ 5%

3.30 2.8 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5%

3.15 2.6 Mil
municipal

AB Government Money Market AB

3.15 2.6 Mil
Cash and Equivalents

GLENDALE ARIZ MUN PPTY CORP EXCISE TAX REV 5%

2.99 2.5 Mil
municipal

ARIZONA INDL DEV AUTH STUDENT HSG REV 5%

2.80 2.3 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 4%

2.63 2.2 Mil
municipal

ARIZONA SPORTS & TOURISM AUTH SR REV 5%

2.61 2.2 Mil
municipal

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