AB Municipal Income Shares MISHX:NASDAQ

Net Asset Value$12.07Previous Close - 11/21/2019
1-Day Change0.00(0.00%)
YTD Change+0.76(6.72%)
This fund is not available for purchase through Ally Invest

Growth of $10,000 Since Fund Inception

View portfolioPortfolio as of N/A

Top 5 SectorsTop 5 Holdings
  
  
  
  
Concentration of Top 50.00% Concentration of Top 50.00% 

Fund Profile

Fund Strategy

The Fund seeks the highest level of current income, exempt from federal taxation, that is available consistent with what the Adviser considers to be an appropriate level of risk. The Fund invests primarily in in high-yielding municipal securities that may be non-investment grade or investment grade.

Fund Category General Tax-Exempt
Inception Date 09/01/2010
Manager Davidson/Norton/Hults
Fund Classification High Yield Municipal Debt Funds
Managed Since 2010
Other Managed Funds none

Lipper Leader Scorecard as of 10/31/2019

RatingTotal
Return
Consistent
Return
PreservationTax
Efficiency
Expense*
Overall Rating(# of funds in category)
153

153

5,870

153

58
3 Year Rating(# of funds in category)
153

153

5,870

153

58
5 Year Rating(# of funds in category)
133

133

5,111

133

49
10 Year Rating(# of funds in category)
N/A

N/A

N/A

N/A

N/A

Fund Highlights

Total Expense Ratio0.01%
Average Market CapitallizationN/A
Net Asset ValueN/A
Total Net Assets$4.2 B
Sales ExpensesInstitutional Load Fund
Minimum Initial InvestmentN/A
Minimum IRA InvestmentN/A
AvailabilityOpen to New Investors
Current Yield3.78%
Dividend Ex-Date10/31/2019

Risk Analysis

Beta vs. S&P 5001.24
R-Squared vs. S&P 5000.75
Standard Deviation4.65%
Sharpe Ratio0.80
Portfolio TurnoverN/A