AMAAX

About AMAAX

AB Municipal Income Fund II Massachusetts Portfolio Class A is an open-end municipal bond fund focused on generating high levels of current income that are exempt from federal and Massachusetts state income taxes. The strategy primarily invests in investment-grade Massachusetts municipal securities, with selective exposure to high-yield issues, and targets the intermediate portion of the yield curve to balance income and interest-rate risk. The portfolio is diversified across essential-service and state-backed issuers, including bonds from the Commonwealth of Massachusetts, transportation authorities, water resources, and development finance agencies. Managed within AllianceBernstein’s fixed-income platform, the fund emphasizes medium credit quality and moderate interest-rate sensitivity, reflecting an effective duration near the intermediate range. It distributes income monthly and has operated since 1994 in this share class, positioning it as a long-standing option for investors seeking tax-exempt income tied to Massachusetts municipal finance. The fund’s objective and approach align it with the Muni Massachusetts category, with holdings typically concentrated in state and local revenue and general obligation bonds issued to fund infrastructure and public services.