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AB Impact Municipal Income Shares (ABIMX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US01879V6020

Issuer

AllianceBernstein

Inception Date

Sep 11, 2017

Min. Investment

$0

Asset Class

Bond

Expense Ratio

ABIMX has an expense ratio of 0.00%, indicating no management fees are charged.


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

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.


Performance

Performance Chart

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


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
0.39%
7.19%
ABIMX (AB Impact Municipal Income Shares)
Benchmark (^GSPC)

Returns By Period

AB Impact Municipal Income Shares had a return of 1.64% year-to-date (YTD) and 2.25% in the last 12 months.


ABIMX

YTD

1.64%

1M

-2.12%

6M

0.39%

1Y

2.25%

5Y*

1.45%

10Y*

N/A

^GSPC (Benchmark)

YTD

23.00%

1M

-0.84%

6M

7.20%

1Y

24.88%

5Y*

12.77%

10Y*

10.96%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.10%-0.02%0.31%-1.96%0.55%2.48%1.13%0.93%1.30%-1.58%1.73%1.64%
20233.73%-2.51%1.94%0.08%-0.63%1.15%0.49%-1.47%-3.86%-2.26%8.87%3.67%8.91%
2022-2.69%-0.54%-3.62%-4.15%1.18%-2.89%3.32%-2.78%-4.86%-1.49%6.27%-0.23%-12.31%
20211.16%-1.80%0.89%1.34%0.66%0.57%1.03%-0.44%-0.90%0.12%1.31%0.30%4.27%
20202.28%1.81%-5.80%-3.25%3.59%2.31%1.90%-0.23%-0.04%-0.12%2.33%1.37%5.88%
20190.60%0.89%2.42%0.68%2.08%0.55%0.95%2.40%-0.79%0.09%0.17%0.26%10.74%
2018-1.43%-0.58%0.78%-0.37%1.38%0.05%0.25%0.40%-0.88%-0.95%1.01%1.52%1.15%
2017-0.34%0.30%-0.11%1.44%1.29%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ABIMX is 32, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ABIMX is 3232
Overall Rank
The Sharpe Ratio Rank of ABIMX is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of ABIMX is 3030
Sortino Ratio Rank
The Omega Ratio Rank of ABIMX is 3232
Omega Ratio Rank
The Calmar Ratio Rank of ABIMX is 3535
Calmar Ratio Rank
The Martin Ratio Rank of ABIMX is 3131
Martin 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 AB Impact Municipal Income Shares (ABIMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for ABIMX, currently valued at 0.57, compared to the broader market-1.000.001.002.003.004.000.571.83
The chart of Sortino ratio for ABIMX, currently valued at 0.79, compared to the broader market-2.000.002.004.006.008.0010.000.792.46
The chart of Omega ratio for ABIMX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.003.501.111.34
The chart of Calmar ratio for ABIMX, currently valued at 0.39, compared to the broader market0.002.004.006.008.0010.0012.0014.000.392.72
The chart of Martin ratio for ABIMX, currently valued at 2.30, compared to the broader market0.0020.0040.0060.002.3011.89
ABIMX
^GSPC

The current AB Impact Municipal Income Shares Sharpe ratio is 0.57. 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 AB Impact Municipal Income Shares 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.57
1.83
ABIMX (AB Impact Municipal Income Shares)
Benchmark (^GSPC)

Dividends

Dividend History

AB Impact Municipal Income Shares provided a 3.37% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.352017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$0.33$0.34$0.31$0.28$0.32$0.35$0.31$0.07

Dividend yield

3.37%3.48%3.29%2.51%2.92%3.27%3.14%0.68%

Monthly Dividends

The table displays the monthly dividend distributions for AB Impact Municipal Income Shares. 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$0.03$0.03$0.03$0.03$0.03$0.00$0.00$0.30
2023$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
2022$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.31
2021$0.03$0.02$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.28
2020$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.32
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2018$0.03$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.31
2017$0.01$0.02$0.02$0.02$0.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.29%
-3.66%
ABIMX (AB Impact Municipal Income Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AB Impact Municipal Income Shares. 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 AB Impact Municipal Income Shares was 17.90%, occurring on Oct 25, 2022. Recovery took 485 trading sessions.

The current AB Impact Municipal Income Shares drawdown is 3.29%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.9%Jan 4, 2022204Oct 25, 2022485Oct 1, 2024689
-13.58%Mar 10, 20209Mar 20, 2020178Dec 2, 2020187
-3.29%Dec 9, 20249Dec 19, 2024
-2.97%Oct 3, 202425Nov 6, 202419Dec 4, 202444
-2.9%Feb 16, 20218Feb 25, 202165May 28, 202173

Volatility

Volatility Chart

The current AB Impact Municipal Income Shares volatility is 1.57%, 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%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.57%
3.62%
ABIMX (AB Impact Municipal Income Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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