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Ab Municipal Income Fund, Inc. - California Portfolio - Class A: (MF: ALCAX)
(NASDAQ Mutual Funds) As of Jun 26, 2024 08:00 PM ET
$10.52 USD
-0.03 (-0.28%)
Zacks MF Rank
2-Buy of 5 2
Fund Description
Alliance Municipal Income Fund California Portfolio, A Shares was incepted in December 1986 and is managed by Alliance Capital Management. The objective of the fund is to seek the highest level of income exempt from Federal and California income tax (income may be subject to the alternative minimum tax). The fund invests principally in high-yielding, predominantly medium-quality municipal securities. The dividends, if any, are declared on each first business day and paid on the twentieth day of each month.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| AB Municipal Income CA A | ALCAX | 3.00 | NA | 0.00 | 0.25 | 0.45 | 0.75 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| AllianceBernstein Muni Inc CA A | ALCAX | 10.55 | 12/29/1986 | 1.25 | 3.84 | -0.90 | 1.19 |
| AllianceBernstein Muni Inc CA C | ACACX | 10.51 | 4/30/1993 | 0.93 | 3.06 | -1.65 | 0.41 |
| AllianceBernstein Muni Inc CA Adv | ALCVX | 10.51 | 8/7/2008 | 1.34 | 4.11 | -0.65 | 1.44 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| AB Municipal Income CA A | ALCAX | 2500 | 50 | 2500 | M |
Contact Information
| Family | AllianceBernstein |
| Address | 1345 Ave of the Americas New York, NY 10105 |
| Phone | 800 221-5672 |