AIDYX

About AIDYX

AB Intermediate Diversified Municipal Portfolio Advisor Class is an open‑end mutual fund focused on tax‑exempt fixed income. Its primary objective is to deliver federally tax‑free income and preserve capital by investing predominantly in short‑ to intermediate‑term municipal bonds, emphasizing high credit quality with a large share of holdings rated A or better. The portfolio targets controlled interest‑rate exposure through an intermediate effective duration profile, seeking to moderate volatility while maintaining consistent income generation. Managed by AllianceBernstein’s municipal team, the strategy applies a systematic, research‑driven process and broad diversification across states, revenue types, and essential‑service issuers, reflected in a wide roster of holdings and limited issuer concentration. Classified within the Muni National Short category with medium credit quality and limited interest‑rate sensitivity, it aims to balance stability with after‑tax total return. The fund’s income is generally exempt from federal income tax, though certain securities may be subject to the alternative minimum tax, aligning the vehicle with investors seeking tax‑efficient cash flows from the U.S. municipal market.