AllianceBernstein Municipal Income Portfolios Pennsylvania Portfolio

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

U.S. News evaluated 20 Muni Pennsylvania 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

See full Muni Pennsylvania rankings

See more fund rankings

Performance

The fund has returned -2.14 percent over the past year, 3.96 percent over the past three years, 4.85 percent over the past five years, and 3.03 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.9%
1 Year -2.1%
3 Years (Annualized) 4.0%
5 Years (Annualized) 4.9%
10 Years (Annualized) 3.0%

See more APACX performance

Summary

The investment seeks to earn the highest level of current income exempt from both federal income tax and Commonwealth of Pennsylvania personal income tax that is available without assuming what the Adviser considers to be undue risk. The fund 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. It invests at least 80% of its net assets in municipal securities of Pennsylvania or municipal securities with interest that is otherwise exempt from Pennsylvania state income tax.

Fees

Fees are High compared to funds in the same category.
AllianceBernstein Municipal Income Portfolios Pennsylvania Portfolio has an expense ratio of 1.62 percent.

See more APACX fees

Risk

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

See more APACX risk