ANYCX

About ANYCX

AB Municipal Income Fund New York Portfolio Class C is a municipal bond mutual fund designed to provide investors with a high level of current income exempt from federal, New York State, and New York City income taxes. Managed by AllianceBernstein, the fund primarily invests in a diversified portfolio of investment-grade and selectively high-yield municipal securities issued by New York-based entities, such as state authorities and city agencies. This focus makes it well-suited for individuals seeking tax-advantaged income within New York. With a portfolio that emphasizes intermediate durations, the fund balances yield with sensitivity to interest rate changes. Its assets are allocated across more than 200 holdings, and the portfolio's largest exposures include infrastructure and public utility issuers. The fund distributes income monthly and is structured as a Class C share with a higher expense ratio and level-load fee structure. Its role in the financial market is to serve as a fixed-income solution, particularly for New York residents aiming to maximize tax-exempt income while maintaining exposure to municipal credit risk and interest rate movements.