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ABTFX
Mutual Fund ticker: NASDAQ
AS OF
Jan 8 closing price
Price
$10.26
Change
-$0.05 (-0.48%)
Net Assets
2.94B

ABTFX AB High Income Municipal C Forecast, Technical & Fundamental Analysis

Category HighYieldMuni
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A.I.Advisor
published Highlights

Industry description

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 AMT for certain taxpayers. The fund may invest without limit in lower-rated securities.
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A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Fundamentals
Details
Category
High Yield Muni
Address
AllianceBernstein Muni Income Fund1345 Avenue Of The AmericasNew York
Phone
N/A
Web
www.AllianceBernstein.com
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ABTFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ABTFX has been closely correlated with MMHEX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if ABTFX jumps, then MMHEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABTFX
1D Price
Change %
ABTFX100%
-0.48%
MMHEX - ABTFX
98%
Closely correlated
-0.59%
PTYIX - ABTFX
96%
Closely correlated
-0.54%
CXHYX - ABTFX
96%
Closely correlated
-0.59%
HIMFX - ABTFX
96%
Closely correlated
-0.46%
AHICX - ABTFX
95%
Closely correlated
-0.46%
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