ANMCX

About ANMCX

AB Intermediate New York Municipal Portfolio Class C is a municipal bond mutual fund focused on generating tax-advantaged income for New York residents by investing primarily in debt issued by the state and its local authorities. The portfolio emphasizes high-quality credit and an intermediate duration profile, targeting short- to intermediate-term securities to balance income with interest-rate sensitivity. Notable exposures include revenue bonds tied to essential infrastructure such as transportation systems and water and sewer authorities, reflecting the fund’s role in financing core public projects across the state. The strategy seeks income that is generally exempt from federal and New York State taxes, with some holdings potentially subject to the alternative minimum tax. Managed within a disciplined fixed-income platform, the fund typically holds a diversified set of New York municipal issuers, with meaningful weights in entities like transportation development and metropolitan transit authorities. Within the broader market, it serves investors looking for state-specific, tax-efficient fixed income with moderate interest-rate risk, aiming to provide income stability while supporting New York’s municipal financing needs.