10.21 Up +0.01 +0.10%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 10.20
Category Muni National Long
Net Assets 129.96 Mil
Yield 2.98%
Morningstar Risk Below Average
Morningstar Return Below Average
  • Last NAV update 7/28/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks to earn the highest level of current income, exempt from federal income tax, that is available without assuming what the Adviser considers to be undue risk to principal or income. The fund invests principally in high-yielding, predominantly investment grade municipal securities. It invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax ("AMT") for certain taxpayers. The fund may invest more than 25% of its assets in a single state.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 2.83% 9.95% 7.73% -5.07% 6.33%
Value ($) 10,282.56 11,305.96 12,180.11 11,562.31 12,293.89
  • Year to date performance as of 7/28/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family AllianceBernstein
Fund Manager Terrance Hults
Tenure (Years) 19
Fund Status Open
Minimum Initial Purchase 2,500.00
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 1.50%
PERFORMANCE
Symbol Value ($)
1 Month 0.32%
3 Months 1.62%
1 Year 6.42%
3 Years* 4.42%
5 Years* 5.33%
  • * Annualized returns
  • Performance as of 7/28/2014 12:00 AM ET
PEER COMPARISON
  ALNCX Muni National Long
5-Yr Return 5.33% 5.85%
Sharpe Ratio 1.02 1.25
Net Assets 129.96 Mil 408.81 Mil
Avg Market Cap NA 30.88 Bil
Avg P/E NA NA
Portfolio Turnover 26 34
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 0.28%
Fixed Income 99.11%
Other 0.61%
TOP 10 HOLDINGS
NAME % NET ASSETS
Metropolitan Pier & Exposition Proj B 5% 3.18%
Los Angeles Calif Hbr Dept Rev Ref 5.25% 2.20%
New York N Y City Transitional Subord 5% 1.85%
Mississippi Dev Bk Spl Obl Spl Obl 5.25% 1.82%
Chicago Ill Brd Ed Go Ref Bd 5% 1.71%
Kansas City Mo Spl Obl Spl Oblig 5% 1.65%
Dallas Fort Worth Tex Intl Arp Joint 5% 1.61%
Clark Cnty Nev Bond Bk B 5% 1.57%
Clark Cnty Wash Pub Util Dist 5% 1.54%
New York St Urban Dev Corp Rev Income 5% 1.44%
DATA PROVIDERS

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