AllianceBernstein Municipal Income Fund California Port

Scorecard
3 / 5 Stars
Lipper
3 2 2 3 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
B (Buy)

#28 in Muni California Long

U.S. News evaluated 32 Muni California Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 5.84 percent over the past year, 6.69 percent over the past three years, 5.87 percent over the past five years, and 5.02 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 1.5%
1 Year 5.8%
3 Years (Annualized) 6.7%
5 Years (Annualized) 5.9%
10 Years (Annualized) 5.0%

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Summary

The investment seeks to earn the highest level of current income, exempt from federal income tax and California personal income tax, that is available without assuming what the Adviser considers to be undue risk to income or principal. 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.

Fees

Fees are Above Average compared to funds in the same category.
AllianceBernstein Municipal Income Fund California Port has an expense ratio of 0.75 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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