Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
AB Municipal Income II Arizona C AAZCX
- NAV / 1-Day Return 10.50 / −0.36 %
- Total Assets 84.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.530%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category Muni Single State Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.07%
- Effective Duration 6.70 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis AAZCX
Will AAZCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
GILBERT ARIZ WTR RES MUN PPTY CORP UTIL SYS REV 4% | 6.00 | 5.1 Mil | municipal |
BUCKEYE ARIZ EXCISE TAX REV 5% | 4.13 | 3.5 Mil | municipal |
ARIZONA HEALTH FACS AUTH REV 5% | 3.55 | 3.0 Mil | municipal |
AB Government Money Market AB | 3.36 | 2.9 Mil | Cash and Equivalents |
SALT VERDE FINL CORP GAS REV ARIZ 5% | 3.26 | 2.8 Mil | municipal |
PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5% | 3.10 | 2.6 Mil | municipal |
ARIZONA INDL DEV AUTH STUDENT HSG REV 5% | 2.76 | 2.3 Mil | municipal |
ARIZONA SPORTS & TOURISM AUTH SR REV 5% | 2.60 | 2.2 Mil | municipal |
PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 4% | 2.56 | 2.2 Mil | municipal |
MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | 2.44 | 2.1 Mil | municipal |