ABTFX

About ABTFX

AB High Income Municipal Portfolio Class C is an open-end mutual fund that seeks to maximize risk-adjusted after-tax returns through investments in high-yielding municipal bonds. Its primary function is to provide investors with a source of tax-advantaged income by focusing on municipal securities issued by state and local governments across the United States. The fund emphasizes exposure to more-liquid, midgrade municipal bonds, which can offer greater flexibility and responsiveness in dynamic market conditions. Notably, the portfolio typically includes securities that are below investment grade or unrated, aligning it with the high-yield municipal bond category. This approach enables the fund to target bonds with higher yields while leveraging in-depth research from its management team. The fund serves a significant role for investors seeking diversified municipal fixed-income holdings, particularly those interested in balancing income generation with exposure to credit risk within the municipal sector. Through its strategy, the fund plays a notable part in funding essential public projects and infrastructure, while also enabling investors to benefit from municipal bond market dynamics and potential tax efficiencies associated with municipal interest income.