AB Municipal Bond Inflation Strategy (AUNYX)

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AB Municipal Bond Inflation Strategy (AUNYX) is up 2.6% since the beginning of the year. AUNYX is currently trading at $11 per share. Investors who bought $1,000 worth of AUNYX shares 5 years ago would now be looking at an investment worth $1,140.

AB Municipal Bond Inflation Strategy (AUNYX) has returned 2.63% so far this year and 6.89% over the past 12 months. Over the last ten years, AUNYX has returned 3.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Feb 3, 2010, AUNYX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Jul 2022 with a return of +3.7%, while the worst month was Mar 2020 at -7.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, AUNYX closed higher 40% of trading days. The best single day was Mar 25, 2020 with a return of +2.5%, while the worst single day was Mar 19, 2020 at -2.9%.

AB Municipal Bond Inflation Strategy has an annualized alpha of 2.28%, beta of 0.04, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since February 03, 2010.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.97%) than losses (13.15%) - typical of diversified or defensive assets.
• Beta of 0.04 may look defensive, but with R2 of 0.05 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.05 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

AUNYX has an expense ratio of 0.50%, placing it in the medium range.

AUNYX ranks 93 for risk / return — in the top 93% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

AB Municipal Bond Inflation Strategy provided a 3.03% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for AB Municipal Bond Inflation Strategy. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the AB Municipal Bond Inflation Strategy. 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 Municipal Bond Inflation Strategy was 14.10%, occurring on Mar 20, 2020. Recovery took 100 trading sessions.

The current AB Municipal Bond Inflation Strategy drawdown is 0.33%.

The chart below shows the rolling one-month volatility.