ALNYX

About ALNYX

AB Municipal Income Fund New York Portfolio Class A is a mutual fund focused on generating income that is exempt from both federal and New York state and city income taxes. The fund primarily invests in high-yielding, investment-grade municipal securities, making it particularly appealing to individuals residing in New York who seek tax-advantaged income. Its strategy employs a core-plus approach, emphasizing a diversified portfolio of municipal bonds, with selective allocations to higher-yield opportunities while managing interest rate risk by targeting the intermediate segment of the yield curve. Typically, the fund maintains a duration of approximately 4 to 6 years or an average maturity of five to twelve years, positioning it as a muni New York intermediate portfolio. Managed by experienced professionals leveraging robust research platforms, the fund regularly reviews market conditions to optimize tax-exempt income. AB Municipal Income Fund New York Portfolio Class A plays a significant role in the municipal bond market by providing targeted, tax-advantaged income solutions to New York investors and contributing to the financing of public infrastructure within the state.