ALNCX

About ALNCX

AB Municipal Income Fund National Portfolio Class C is an open-end mutual fund specializing in municipal fixed-income investments. Its primary goal is to provide high levels of income that are exempt from federal income tax by investing at least 80% of its assets in a diversified portfolio of municipal securities, which are primarily investment-grade but may also include selective high-yield bonds. The fund's portfolio spans issuers across multiple states, with the flexibility to concentrate more than 25% of assets in a single state if beneficial, and certain securities may be subject to the alternative minimum tax for specific investors. Monthly dividend distributions and a focus on intermediate maturities help the fund manage interest rate risk while seeking a balance between income generation and capital preservation. With hundreds of holdings across sectors such as transportation, healthcare, and public infrastructure, this fund plays a key role for investors seeking federally tax-exempt income, broad municipal bond exposure, and diversification within the U.S. fixed-income market.