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abrdn Intermediate Municipal Income Fund (ABEIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0030222097
CUSIP003022209
IssuerAberdeen
Inception DateMar 16, 1986
CategoryMunicipal Bonds
Min. Investment$1,000,000
Asset ClassBond

Expense Ratio

ABEIX has a high expense ratio of 0.50%, indicating higher-than-average management fees.


Expense ratio chart for ABEIX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


abrdn Intermediate Municipal Income Fund

Popular comparisons: ABEIX vs. TQQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in abrdn Intermediate Municipal Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%2024FebruaryMarchAprilMayJune
2.29%
14.78%
ABEIX (abrdn Intermediate Municipal Income Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

abrdn Intermediate Municipal Income Fund had a return of 1.51% year-to-date (YTD) and 5.37% in the last 12 months. Over the past 10 years, abrdn Intermediate Municipal Income Fund had an annualized return of 1.59%, while the S&P 500 had an annualized return of 10.85%, indicating that abrdn Intermediate Municipal Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date1.51%15.04%
1 month0.78%3.47%
6 months2.28%15.07%
1 year5.37%24.43%
5 years (annualized)0.81%13.22%
10 years (annualized)1.59%10.85%

Monthly Returns

The table below presents the monthly returns of ABEIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.09%0.31%0.32%-1.02%0.22%1.51%
20232.20%-1.63%1.30%0.04%-0.64%0.86%0.18%-1.18%-2.34%-1.46%5.76%2.49%5.44%
2022-2.42%-0.60%-2.61%-2.46%0.69%-1.40%2.03%-1.62%-3.21%-0.66%3.45%0.15%-8.54%
20210.93%-1.17%0.52%0.83%0.51%0.52%0.81%-0.19%-0.89%-0.19%0.72%0.11%2.52%
20201.54%1.13%-4.98%-1.71%2.46%1.20%1.47%-0.20%-0.05%-0.07%1.47%0.72%2.80%
20190.58%0.49%1.20%0.23%1.19%0.57%0.30%1.31%-0.90%-0.30%0.00%0.04%4.79%
2018-0.86%-0.35%0.27%-0.14%0.79%0.17%0.16%0.17%-0.35%-0.46%0.70%0.61%0.70%
20170.36%0.48%0.17%0.67%0.97%-0.24%0.46%0.57%-0.34%-0.04%-0.71%0.67%3.06%
20160.96%0.19%-0.20%0.47%0.05%1.05%0.06%0.06%-0.33%-0.52%-2.70%0.68%-0.28%
20151.41%-0.89%0.08%-0.30%-0.30%-0.30%0.48%0.09%0.77%0.29%0.09%0.29%1.69%
20141.68%1.18%-0.01%1.07%1.15%-0.11%-0.01%1.06%0.18%0.57%0.09%0.40%7.48%
20130.19%-0.47%1.12%-1.31%-2.65%-0.59%-0.99%1.78%0.78%-0.19%-0.24%-2.63%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ABEIX is 54, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of ABEIX is 5454
ABEIX (abrdn Intermediate Municipal Income Fund)
The Sharpe Ratio Rank of ABEIX is 6060Sharpe Ratio Rank
The Sortino Ratio Rank of ABEIX is 6464Sortino Ratio Rank
The Omega Ratio Rank of ABEIX is 7171Omega Ratio Rank
The Calmar Ratio Rank of ABEIX is 3535Calmar Ratio Rank
The Martin Ratio Rank of ABEIX is 4141Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for abrdn Intermediate Municipal Income Fund (ABEIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ABEIX
Sharpe ratio
The chart of Sharpe ratio for ABEIX, currently valued at 1.42, compared to the broader market-1.000.001.002.003.004.001.42
Sortino ratio
The chart of Sortino ratio for ABEIX, currently valued at 2.22, compared to the broader market0.005.0010.002.22
Omega ratio
The chart of Omega ratio for ABEIX, currently valued at 1.31, compared to the broader market1.002.003.004.001.31
Calmar ratio
The chart of Calmar ratio for ABEIX, currently valued at 0.46, compared to the broader market0.005.0010.0015.000.46
Martin ratio
The chart of Martin ratio for ABEIX, currently valued at 3.02, compared to the broader market0.0020.0040.0060.0080.003.02
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.17, compared to the broader market-1.000.001.002.003.004.002.17
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.07, compared to the broader market0.005.0010.003.07
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.73, compared to the broader market0.005.0010.0015.001.73
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.12, compared to the broader market0.0020.0040.0060.0080.008.12

Sharpe Ratio

The current abrdn Intermediate Municipal Income Fund Sharpe ratio is 1.42. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of abrdn Intermediate Municipal Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.002024FebruaryMarchAprilMayJune
1.42
2.10
ABEIX (abrdn Intermediate Municipal Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

abrdn Intermediate Municipal Income Fund granted a 3.68% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.33$0.30$0.27$0.26$0.30$0.16$0.31$0.29$0.30$0.34$0.39$0.44

Dividend yield

3.68%3.40%3.06%2.59%3.03%1.58%3.27%2.93%3.00%3.35%3.76%4.38%

Monthly Dividends

The table displays the monthly dividend distributions for abrdn Intermediate Municipal Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.00$0.14
2023$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.30
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.27
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2020$0.02$0.02$0.03$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.04$0.30
2019$0.03$0.03$0.03$0.01$0.03$0.03$0.00$0.00$0.00$0.00$0.00$0.01$0.16
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.31
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.03$0.29
2016$0.03$0.03$0.00$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.30
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.07$0.39
2013$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.18$0.44

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-2.54%
0
ABEIX (abrdn Intermediate Municipal Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the abrdn Intermediate Municipal Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the abrdn Intermediate Municipal Income Fund was 12.56%, occurring on Oct 26, 2022. The portfolio has not yet recovered.

The current abrdn Intermediate Municipal Income Fund drawdown is 2.54%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.56%Aug 6, 2021309Oct 26, 2022
-11.13%Mar 3, 202014Mar 20, 2020198Dec 31, 2020212
-5.91%May 3, 201387Sep 5, 2013155Apr 17, 2014242
-3.72%Sep 1, 201664Dec 1, 2016168Aug 3, 2017232
-2.08%Feb 3, 201589Jun 10, 2015129Dec 11, 2015218

Volatility

Volatility Chart

The current abrdn Intermediate Municipal Income Fund volatility is 1.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%2024FebruaryMarchAprilMayJune
1.09%
2.33%
ABEIX (abrdn Intermediate Municipal Income Fund)
Benchmark (^GSPC)