| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
5
5
2
4
1
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
B+
(Buy)
|
#7 in High Yield Muni
U.S. News evaluated 38 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all AllianceBernstein funds
Performance
The fund has returned 8.95 percent over the past year, and 9.85 percent over the past three years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 1.5% |
| 1 Year | 8.9% |
| 3 Years (Annualized) | 9.8% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to earn the highest level of current income, exempt from federal income tax, that is available consistent with what the Adviser considers to be an appropriate level of risk. The fund invests principally in high-yielding municipal securities that may be non-investment grade or investment grade. It normally 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 without limit in lower-rated securities.
Fees
Fees are High compared to funds in the same category.
AllianceBernstein High Income Municipal Portfolio has an expense ratio of 0.80 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
