ABTZX

About ABTZX

AB High Income Municipal Portfolio Class Z is a mutual fund designed to provide a high level of current income that is exempt from federal taxation. The fund primarily invests in high-yielding municipal securities, encompassing both investment grade and non-investment grade bonds issued by state and local governments. Its core strategy focuses on capitalizing on opportunities within the more-liquid, midgrade segment of the municipal bond market, which enables greater flexibility and the ability to adjust positions under varying market conditions. With a broadly diversified portfolio—holding hundreds of individual securities—the fund aims to maximize risk-adjusted after-tax returns for investors. It is notable for its monthly income distributions, competitive dividend yield, and emphasis on in-depth credit research. AB High Income Municipal Portfolio Class Z serves investors seeking tax-advantaged income and plays a significant role in the high-yield municipal bond segment by helping to finance public projects while offering the potential for enhanced yields relative to traditional municipal bond funds.