ANIAX

About ANIAX

AB Intermediate New York Municipal Portfolio Class A is an actively managed municipal bond mutual fund focused on generating tax-exempt income for New York residents. It invests at least 80% of assets in municipal securities issued by New York State and its political subdivisions or otherwise exempt from New York state income tax, emphasizing higher-quality bonds rated A or better to support capital preservation and steady income. The portfolio targets short- to intermediate-term maturities to help manage interest-rate risk and volatility while maintaining an intermediate duration profile. The fund distributes income monthly and holds a broad mix of general obligation and revenue bonds tied to essential-services issuers such as transportation and water systems, reflecting its role in financing public infrastructure. With a long operating history since 2002 and sizable assets under management, AB Intermediate New York Municipal Portfolio Class A serves as a specialized, single-state exposure within the municipal bond market, aimed at delivering federally and New York state tax-advantaged income alongside stability for taxable fixed income allocations.