ABIMX

About ABIMX

AB Impact Municipal Income Fund is an open-end mutual fund managed by AllianceBernstein, specializing in municipal fixed income investments. Its primary function is to generate current income that is typically exempt from federal taxation by investing principally in municipal securities of diverse credit qualities. The fund distinguishes itself by integrating environmental, social, and governance (ESG) criteria into its investment process, focusing on bonds from issuers that demonstrate measurable positive environmental or social impact, especially in underserved or low socio-economic communities. The portfolio is actively managed and includes a mix of high-yielding municipal bonds and some holdings in cash or equivalents. The fund’s approach aims to provide a balance of income potential and impact-driven investing, making it particularly significant for investors seeking both return and social responsibility. Its allocation supports essential public initiatives, such as transportation, health, and education, thereby playing a crucial role in channeling capital to local and regional development projects while addressing broader ESG goals in the fixed income market.