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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
2.0%
1 yr return
6.8%
3 Yr Avg Return
0.6%
5 Yr Avg Return
1.2%
Net Assets
$997 M
Holdings in Top 10
21.4%
Expense Ratio 0.76%
Front Load 3.00%
Deferred Load N/A
Turnover 27.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$2,500
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | AICAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -5.1% | 26.8% | 34.55% |
1 Yr | 6.8% | 1.8% | 41.2% | 75.30% |
3 Yr | 0.6%* | -10.7% | 3.3% | 10.64% |
5 Yr | 1.2%* | -7.0% | 1103.1% | 15.65% |
10 Yr | 1.5%* | -0.9% | 248.7% | 54.67% |
* Annualized
Period | AICAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | -1.4% | 41.0% | 65.69% |
2022 | -6.5% | -39.7% | 0.3% | 14.29% |
2021 | -0.8% | -5.6% | 6.9% | 66.60% |
2020 | 1.4% | -2.6% | 310.0% | 65.76% |
2019 | 3.1% | 0.0% | 26.0% | 76.95% |
Period | AICAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -5.1% | 26.8% | 34.55% |
1 Yr | 6.8% | 1.8% | 41.2% | 75.30% |
3 Yr | 0.6%* | -10.7% | 3.3% | 10.64% |
5 Yr | 1.2%* | -7.0% | 1103.1% | 15.65% |
10 Yr | 1.5%* | -0.9% | 248.7% | 54.67% |
* Annualized
Period | AICAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -1.3% | 41.0% | 68.22% |
2022 | -4.8% | -39.7% | 1.1% | 12.93% |
2021 | 0.6% | -4.8% | 23761504.0% | 74.03% |
2020 | 3.2% | -1.5% | 17057.9% | 68.26% |
2019 | 5.1% | 0.2% | 3514.6% | 79.09% |
AICAX | Category Low | Category High | AICAX % Rank | |
---|---|---|---|---|
Net Assets | 997 M | 3.22 M | 71.9 B | 30.91% |
Number of Holdings | 368 | 4 | 13418 | 33.82% |
Net Assets in Top 10 | 218 M | -317 M | 3.09 B | 17.78% |
Weighting of Top 10 | 21.35% | 1.8% | 100.1% | 33.38% |
Weighting | Return Low | Return High | AICAX % Rank | |
---|---|---|---|---|
Bonds | 104.05% | 0.00% | 150.86% | 2.66% |
Other | 0.30% | -3.69% | 51.88% | 6.19% |
Stocks | 0.00% | 0.00% | 99.78% | 24.02% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 12.45% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 11.16% |
Cash | 0.00% | -50.86% | 44.62% | 85.75% |
Weighting | Return Low | Return High | AICAX % Rank | |
---|---|---|---|---|
Municipal | 91.49% | 44.39% | 100.00% | 91.18% |
Government | 0.19% | 0.00% | 52.02% | 3.14% |
Corporate | 0.16% | 0.00% | 9.41% | 12.83% |
Derivative | 0.15% | -3.69% | 51.88% | 3.99% |
Securitized | 0.10% | 0.00% | 5.93% | 1.47% |
Cash & Equivalents | 0.00% | 0.00% | 44.41% | 77.90% |
Weighting | Return Low | Return High | AICAX % Rank | |
---|---|---|---|---|
US | 104.05% | 0.00% | 142.23% | 2.66% |
Non US | 0.00% | 0.00% | 23.89% | 16.58% |
AICAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.76% | 0.01% | 8.02% | 46.30% |
Management Fee | 0.42% | 0.00% | 1.20% | 46.84% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 38.53% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
AICAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.00% | 0.50% | 4.75% | 66.09% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
AICAX 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.
AICAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 0.00% | 283.00% | 74.02% |
AICAX | Category Low | Category High | AICAX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.53% | 0.00% | 14.51% | 68.40% |
AICAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
AICAX | Category Low | Category High | AICAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.48% | -0.53% | 5.33% | 72.71% |
AICAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 18, 2024 | $0.029 | OrdinaryDividend |
Sep 20, 2024 | $0.035 | OrdinaryDividend |
Aug 20, 2024 | $0.031 | OrdinaryDividend |
Jul 19, 2024 | $0.032 | OrdinaryDividend |
Apr 19, 2024 | $0.032 | OrdinaryDividend |
Mar 20, 2024 | $0.029 | OrdinaryDividend |
Feb 20, 2024 | $0.030 | OrdinaryDividend |
Jan 19, 2024 | $0.020 | OrdinaryDividend |
Nov 20, 2023 | $0.028 | OrdinaryDividend |
Oct 20, 2023 | $0.030 | OrdinaryDividend |
Sep 20, 2023 | $0.029 | OrdinaryDividend |
Aug 18, 2023 | $0.028 | OrdinaryDividend |
Jul 20, 2023 | $0.026 | OrdinaryDividend |
Jun 20, 2023 | $0.026 | OrdinaryDividend |
May 19, 2023 | $0.029 | OrdinaryDividend |
Apr 20, 2023 | $0.029 | OrdinaryDividend |
Mar 20, 2023 | $0.026 | OrdinaryDividend |
Feb 17, 2023 | $0.027 | OrdinaryDividend |
Jan 20, 2023 | $0.020 | OrdinaryDividend |
Dec 30, 2022 | $0.009 | OrdinaryDividend |
Dec 20, 2022 | $0.025 | OrdinaryDividend |
Nov 18, 2022 | $0.026 | OrdinaryDividend |
Oct 20, 2022 | $0.024 | OrdinaryDividend |
Sep 20, 2022 | $0.022 | OrdinaryDividend |
Aug 19, 2022 | $0.023 | OrdinaryDividend |
Jul 20, 2022 | $0.020 | OrdinaryDividend |
Jun 17, 2022 | $0.019 | OrdinaryDividend |
May 20, 2022 | $0.020 | OrdinaryDividend |
Apr 20, 2022 | $0.018 | OrdinaryDividend |
Mar 18, 2022 | $0.014 | OrdinaryDividend |
Feb 18, 2022 | $0.016 | OrdinaryDividend |
Jan 20, 2022 | $0.009 | OrdinaryDividend |
Dec 31, 2021 | $0.005 | OrdinaryDividend |
Dec 20, 2021 | $0.014 | OrdinaryDividend |
Nov 19, 2021 | $0.017 | OrdinaryDividend |
Oct 20, 2021 | $0.016 | OrdinaryDividend |
Sep 20, 2021 | $0.015 | OrdinaryDividend |
Aug 20, 2021 | $0.017 | OrdinaryDividend |
Jul 20, 2021 | $0.016 | OrdinaryDividend |
Jun 18, 2021 | $0.017 | OrdinaryDividend |
May 20, 2021 | $0.017 | OrdinaryDividend |
Apr 20, 2021 | $0.018 | OrdinaryDividend |
Mar 19, 2021 | $0.017 | OrdinaryDividend |
Feb 19, 2021 | $0.023 | OrdinaryDividend |
Jan 20, 2021 | $0.012 | OrdinaryDividend |
Dec 31, 2020 | $0.007 | OrdinaryDividend |
Dec 18, 2020 | $0.018 | OrdinaryDividend |
Nov 20, 2020 | $0.022 | OrdinaryDividend |
Oct 20, 2020 | $0.019 | OrdinaryDividend |
Sep 18, 2020 | $0.020 | OrdinaryDividend |
Aug 20, 2020 | $0.021 | OrdinaryDividend |
Jul 20, 2020 | $0.020 | OrdinaryDividend |
Jun 19, 2020 | $0.023 | OrdinaryDividend |
May 20, 2020 | $0.022 | OrdinaryDividend |
Apr 20, 2020 | $0.022 | OrdinaryDividend |
Mar 20, 2020 | $0.023 | OrdinaryDividend |
Feb 20, 2020 | $0.023 | OrdinaryDividend |
Jan 17, 2020 | $0.015 | OrdinaryDividend |
Dec 31, 2019 | $0.007 | OrdinaryDividend |
Dec 20, 2019 | $0.023 | OrdinaryDividend |
Nov 20, 2019 | $0.022 | OrdinaryDividend |
Oct 18, 2019 | $0.020 | OrdinaryDividend |
Sep 20, 2019 | $0.024 | OrdinaryDividend |
Aug 20, 2019 | $0.022 | OrdinaryDividend |
Jul 19, 2019 | $0.023 | OrdinaryDividend |
Dec 07, 2010 | $0.149 | CapitalGainLongTerm |
Dec 08, 2009 | $0.041 | CapitalGainLongTerm |
Dec 09, 2008 | $0.039 | CapitalGainLongTerm |
Dec 05, 2003 | $0.010 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Dec 31, 2002
19.43
19.4%
Terrance T. Hults is a member of the Tax-Exempt Fixed-Income Investment Policy Group. Prior to joining the firm, he was an associate in the Municipal Derivative Products department at Merrill Lynch Capital Markets, where he specialized in securities arbitrage. These transactions involved issuers and investors, as well as proprietary trading and utilized futures, options, interest-rate swaps, and other over-the-counter derivative structures. Mr. Hults received a BA in economics from Williams College and an MBA in finance from Columbia University. Location: New York
Start Date
Tenure
Tenure Rank
Jan 28, 2016
6.34
6.3%
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
Jan 26, 2018
4.35
4.4%
Andrew Potter is a Vice President and Portfolio Manager on the Municipal Bond team, which oversees tax-exempt investing at AllianceBernstein. He joined the team in 2007 as an associate portfolio manager (APM), responsible for monitoring risk exposures and implementing investment strategy across the firm’s tax-aware fixed-income platform. In 2013, Mr. Potter took on additional responsibility as supervisor for the team’s APMs. He moved into his current role in 2015, shifting his focus toward developing portfolio strategy. Mr. Potter holds a BA in physics with a minor in economics from Colgate University. He is a CFA charterholder and a member of the CFA Society New York. Location: New York
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.35 | 1.58 |
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