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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AB Municipal Income Fund II Michigan Portfolio

AMIBX |

-

$36 M

-

2.00%

Vitals

YTD Return

N/A

1 yr return

-0.6%

3 Yr Avg Return

3.8%

5 Yr Avg Return

1.7%

Net Assets

$36 M

Holdings in Top 10

51.3%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.00%

SALES FEES

Front Load N/A

Deferred Load 3.00%

TRADING FEES

Turnover 12.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

$2,500

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AB Municipal Income Fund II Michigan Portfolio

AMIBX |

-

$36 M

-

2.00%

AMIBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AB Municipal Income Fund II Michigan Portfolio
  • Fund Family Name
    AllianceBernstein
  • Inception Date
    Feb 25, 1994
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

AMIBX - Performance

Return Ranking - Trailing

Period AMIBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr -0.6% -4.5% 7.5% N/A
3 Yr 3.8%* -2.2% 2.6% N/A
5 Yr 1.7%* -1.1% 2.3% N/A
10 Yr 2.5%* -1.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period AMIBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.8% N/A
2021 N/A -4.9% 0.0% N/A
2020 N/A -5.6% 1.8% N/A
2019 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period AMIBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr -3.6% -4.5% 7.5% N/A
3 Yr 3.5%* -2.2% 2.6% N/A
5 Yr 1.7%* -1.1% 4.3% N/A
10 Yr 2.5%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period AMIBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.9% N/A
2021 N/A -4.9% 1.0% N/A
2020 N/A -5.6% 4.0% N/A
2019 N/A -34.8% 16.3% N/A

AMIBX - Holdings

Concentration Analysis

AMIBX Category Low Category High AMIBX % Rank
Net Assets 36 M 6.42 M 20.6 B N/A
Number of Holdings 32 31 4231 N/A
Net Assets in Top 10 17.9 M 261 K 2.92 B N/A
Weighting of Top 10 51.34% 2.5% 57.1% N/A

Top 10 Holdings

  1. Detroit Mich City Sch Dist 5% 7.23%
  2. Michigan St Bldg Auth 5% 7.15%
  3. Detroit Mich Wtr & Sew Dept Se Rev An 5% 6.13%
  4. Michigan Pub Pwr Agy Rev Rev Bds 5% 5.70%
  5. Oakland Univ Mich Rev Gen Rev B 5% 4.75%
  6. Michigan Fin Auth 5% 4.71%
  7. Atlanta Ga Arpt Rev Airport G 5% 4.01%
  8. Lansing Mich Cmnty College Ltd Go Re 5% 3.96%
  9. Holland Mich Elec Rev Rev Bds 5% 3.96%
  10. Dexter Mich Cmnty Schs Refunding 5% 3.76%

Asset Allocation

Weighting Return Low Return High AMIBX % Rank
Bonds 		100.00% -0.60% 102.82% N/A
Stocks 		0.00% 0.00% 0.24% N/A
Preferred Stocks 		0.00% 0.00% 0.00% N/A
Other 		0.00% -2.39% 8.43% N/A
Convertible Bonds 		0.00% 0.00% 0.00% N/A
Cash 		0.00% -2.82% 92.17% N/A

Bond Sector Breakdown

Weighting Return Low Return High AMIBX % Rank
Municipal 		100.00% 0.00% 103.29% N/A
Derivative 		0.00% -0.20% 0.00% N/A
Cash & Equivalents 		0.00% -2.82% 92.17% N/A
Securitized 		0.00% 0.00% 0.00% N/A
Corporate 		0.00% 0.00% 4.72% N/A
Government 		0.00% -12.23% 5.93% N/A

Bond Geographic Breakdown

Weighting Return Low Return High AMIBX % Rank
US 		100.00% -0.60% 102.38% N/A
Non US 		0.00% 0.00% 22.38% N/A

AMIBX - Expenses

Operational Fees

AMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.00% 0.09% 2.11% N/A
Management Fee 0.45% 0.08% 1.30% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.33% N/A

Sales Fees

AMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 3.00% 0.50% 5.00% N/A

Trading Fees

AMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 3.00% 293.00% N/A

AMIBX - Distributions

Dividend Yield Analysis

AMIBX Category Low Category High AMIBX % Rank
Dividend Yield 0.00% 0.00% 3.02% N/A

Dividend Distribution Analysis

AMIBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AMIBX Category Low Category High AMIBX % Rank
Net Income Ratio 2.47% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

AMIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

AMIBX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 9.01 1.5

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