AllianceBernstein Municipal Income Portfolios Minnesota Portfolio

Scorecard
3 / 5 Stars
Lipper
2 2 4 1 3
Zacks Investment Research
4 (Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
B+ (Buy)

#14 in Muni Minnesota

U.S. News evaluated 15 Muni Minnesota 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 -0.85 percent over the past year, 4.53 percent over the past three years, 4.44 percent over the past five years, and 3.76 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.4%
1 Year -0.9%
3 Years (Annualized) 4.5%
5 Years (Annualized) 4.4%
10 Years (Annualized) 3.8%

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Summary

The investment seeks to earn the highest level of current income exempt from both federal income tax and State of Minnesota personal income tax that is available without assuming what the Adviser considers to be undue risk. The fund normally invests at least 80% of assets in municipal securities issued by Minnesota State with 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 Below Average compared to funds in the same category.
AllianceBernstein Municipal Income Portfolios Minnesota Portfolio has an expense ratio of 0.90 percent.

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Risk

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

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