Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
3.5%
1 yr return
12.1%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
2.0%
Net Assets
$577 M
Holdings in Top 10
15.2%
Expense Ratio N/A
Front Load N/A
Deferred Load N/A
Turnover 14.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
• | tender option bond transactions (“TOBs”); |
• | forward commitments; |
• | zero‑coupon municipal securities and variable, floating and inverse floating-rate municipal securities; |
• | certain types of mortgage-related securities; and |
• | derivatives, such as options, futures contracts, forwards and swaps. |
Period | ABIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.5% | -5.6% | 31.6% | 4.93% |
1 Yr | 12.1% | 0.1% | 42.6% | 2.86% |
3 Yr | -0.2%* | -11.3% | 3.3% | 28.59% |
5 Yr | 2.0%* | -6.9% | 1103.7% | 4.32% |
10 Yr | N/A* | -0.9% | 248.7% | N/A |
* Annualized
Period | ABIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -1.4% | 41.0% | 2.80% |
2022 | -15.1% | -39.7% | 0.3% | 88.69% |
2021 | 1.7% | -5.6% | 6.9% | 3.34% |
2020 | 2.7% | -2.6% | 310.0% | 10.83% |
2019 | 7.1% | 0.0% | 26.0% | 2.64% |
Period | ABIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.5% | -5.6% | 31.6% | 4.93% |
1 Yr | 12.1% | 0.1% | 42.6% | 2.86% |
3 Yr | -0.2%* | -11.3% | 3.3% | 28.59% |
5 Yr | 2.0%* | -6.9% | 1103.7% | 4.32% |
10 Yr | N/A* | -0.9% | 248.7% | N/A |
* Annualized
Period | ABIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -1.3% | 41.0% | 1.20% |
2022 | -12.1% | -39.7% | 1.1% | 85.99% |
2021 | 4.5% | -4.8% | 23761504.0% | 4.36% |
2020 | 6.1% | -1.5% | 17057.9% | 5.69% |
2019 | 11.0% | 0.2% | 3514.6% | 1.36% |
ABIMX | Category Low | Category High | ABIMX % Rank | |
---|---|---|---|---|
Net Assets | 577 M | 3.22 M | 71.9 B | 44.24% |
Number of Holdings | 261 | 4 | 13418 | 45.81% |
Net Assets in Top 10 | 89.1 M | -317 M | 3.09 B | 48.00% |
Weighting of Top 10 | 15.21% | 1.8% | 100.3% | 63.42% |
Weighting | Return Low | Return High | ABIMX % Rank | |
---|---|---|---|---|
Bonds | 97.75% | 0.00% | 150.86% | 73.19% |
Cash | 1.75% | -50.86% | 44.62% | 33.75% |
Other | 0.50% | -3.69% | 51.88% | 4.66% |
Stocks | 0.00% | 0.00% | 99.78% | 16.57% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 2.80% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 2.07% |
Weighting | Return Low | Return High | ABIMX % Rank | |
---|---|---|---|---|
Municipal | 93.58% | 44.39% | 100.00% | 86.56% |
Corporate | 2.50% | 0.00% | 9.41% | 0.60% |
Cash & Equivalents | 0.96% | 0.00% | 44.41% | 30.09% |
Derivative | 0.50% | -3.69% | 51.88% | 3.20% |
Securitized | 0.00% | 0.00% | 5.93% | 3.48% |
Government | 0.00% | 0.00% | 52.02% | 9.22% |
Weighting | Return Low | Return High | ABIMX % Rank | |
---|---|---|---|---|
US | 97.75% | 0.00% | 142.23% | 70.71% |
Non US | 0.00% | 0.00% | 23.89% | 6.59% |
ABIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.01% | 8.02% | 99.54% |
Management Fee | 0.00% | 0.00% | 1.20% | 0.07% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
ABIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
ABIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ABIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 14.00% | 0.00% | 283.00% | 36.50% |
ABIMX | Category Low | Category High | ABIMX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.90% | 0.00% | 14.51% | 9.85% |
ABIMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
ABIMX | Category Low | Category High | ABIMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.88% | -0.53% | 5.33% | 8.49% |
ABIMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.032 | OrdinaryDividend |
Sep 30, 2024 | $0.028 | OrdinaryDividend |
Aug 30, 2024 | $0.032 | OrdinaryDividend |
Jul 31, 2024 | $0.030 | OrdinaryDividend |
Apr 30, 2024 | $0.029 | OrdinaryDividend |
Mar 28, 2024 | $0.030 | OrdinaryDividend |
Feb 29, 2024 | $0.028 | OrdinaryDividend |
Jan 31, 2024 | $0.030 | OrdinaryDividend |
Dec 29, 2023 | $0.029 | OrdinaryDividend |
Nov 30, 2023 | $0.027 | OrdinaryDividend |
Oct 31, 2023 | $0.027 | OrdinaryDividend |
Sep 29, 2023 | $0.028 | OrdinaryDividend |
Aug 31, 2023 | $0.029 | OrdinaryDividend |
Jul 31, 2023 | $0.027 | OrdinaryDividend |
Jun 30, 2023 | $0.029 | OrdinaryDividend |
May 31, 2023 | $0.030 | OrdinaryDividend |
Apr 28, 2023 | $0.028 | OrdinaryDividend |
Mar 31, 2023 | $0.032 | OrdinaryDividend |
Feb 28, 2023 | $0.027 | OrdinaryDividend |
Jan 31, 2023 | $0.029 | OrdinaryDividend |
Dec 30, 2022 | $0.029 | OrdinaryDividend |
Nov 30, 2022 | $0.028 | OrdinaryDividend |
Oct 31, 2022 | $0.025 | OrdinaryDividend |
Sep 30, 2022 | $0.027 | OrdinaryDividend |
Aug 31, 2022 | $0.027 | OrdinaryDividend |
Jul 29, 2022 | $0.027 | OrdinaryDividend |
Jun 30, 2022 | $0.025 | OrdinaryDividend |
May 31, 2022 | $0.025 | OrdinaryDividend |
Apr 29, 2022 | $0.026 | OrdinaryDividend |
Mar 31, 2022 | $0.025 | OrdinaryDividend |
Feb 28, 2022 | $0.022 | OrdinaryDividend |
Jan 31, 2022 | $0.024 | OrdinaryDividend |
Dec 31, 2021 | $0.023 | OrdinaryDividend |
Nov 30, 2021 | $0.023 | OrdinaryDividend |
Oct 29, 2021 | $0.023 | OrdinaryDividend |
Sep 30, 2021 | $0.021 | OrdinaryDividend |
Aug 31, 2021 | $0.021 | OrdinaryDividend |
Jul 30, 2021 | $0.023 | OrdinaryDividend |
Jun 30, 2021 | $0.022 | OrdinaryDividend |
May 28, 2021 | $0.022 | OrdinaryDividend |
Apr 30, 2021 | $0.025 | OrdinaryDividend |
Mar 31, 2021 | $0.025 | OrdinaryDividend |
Feb 26, 2021 | $0.023 | OrdinaryDividend |
Jan 29, 2021 | $0.026 | OrdinaryDividend |
Dec 31, 2020 | $0.027 | OrdinaryDividend |
Nov 30, 2020 | $0.024 | OrdinaryDividend |
Oct 30, 2020 | $0.026 | OrdinaryDividend |
Sep 30, 2020 | $0.026 | OrdinaryDividend |
Aug 31, 2020 | $0.025 | OrdinaryDividend |
Jul 31, 2020 | $0.028 | OrdinaryDividend |
Jun 30, 2020 | $0.026 | OrdinaryDividend |
May 29, 2020 | $0.026 | OrdinaryDividend |
Apr 30, 2020 | $0.026 | OrdinaryDividend |
Mar 31, 2020 | $0.026 | OrdinaryDividend |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Jan 31, 2020 | $0.030 | OrdinaryDividend |
Dec 31, 2019 | $0.027 | OrdinaryDividend |
Nov 29, 2019 | $0.028 | OrdinaryDividend |
Oct 31, 2019 | $0.029 | OrdinaryDividend |
Sep 30, 2019 | $0.026 | OrdinaryDividend |
Aug 30, 2019 | $0.031 | OrdinaryDividend |
Jul 31, 2019 | $0.029 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Sep 12, 2017
4.72
4.7%
Matthew Norton is a Senior Vice President and Co-Head of Municipal Portfolio Management, responsible for overseeing municipal bond investing at AB. He is also a member of the Municipal Impact Investment Policy Group. Previously, Mr. Norton was a portfolio manager on the Municipal Bond team. He joined AB in 2005, focusing primarily on research in tax-exempt and taxable fixed-income markets. Prior to joining the firm, Mr. Norton worked as a statistical research analyst at St. Lawrence University, evaluating the accuracy of biometric devices. He holds a BS in economics and mathematics from St. Lawrence University and an MBA in economics and quantitative finance from the Leonard N. Stern School of Business at New York University. Location: New York
Start Date
Tenure
Tenure Rank
Oct 06, 2021
0.65
0.7%
Marc Uy is a Vice President and Portfolio Manager for AB’s Municipal Impact products. He joined the firm in 2004 as a member of the trading and technical team. In 2011, he was promoted to Associate Portfolio Manager covering municipal fixed income portfolios where he focused on implementing investment strategies and monitoring risk exposures across AB's municipal platform. In 2018, he was advanced to his current role where he focuses on ESG portfolio strategy and research. Marc holds a BS in Business Management with concentrations in Finance, Economics and Chinese Cultural Studies from Babson College. Location: New York
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.35 | 1.58 |
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