ALTHX

About ALTHX

AB Municipal Income National A is a mutual fund specializing in municipal bonds, with a primary objective of generating high current income that is exempt from federal income tax. The fund predominantly invests in high-yielding, investment-grade municipal securities issued by state and local governments across the United States, and allocates selectively to high-yield (lower credit quality) municipal bonds to enhance income potential. Its core-plus strategy positions the portfolio mainly in the intermediate segment of the yield curve, balancing risk and return exposures. By maintaining a diversified portfolio—typically holding several hundred bonds from various sectors such as transportation, healthcare, and infrastructure—the fund aims to provide stable tax-free income to investors. AB Municipal Income National A plays a vital role in the market for individuals seeking tax-advantaged income, institutional investors looking for diversification, and entities seeking exposure to municipal credit markets without incurring federal tax liability on interest. Its structure and approach allow it to respond actively to market conditions using both fundamental and quantitative research-driven processes, while its expense ratio and fees are notable factors in evaluating its overall cost-efficiency within the municipal bond fund space.