AB Municipal Bond Inflation Strategy (AUNYX)
The fund pursues its objective by investing principally in high-quality, predominantly investment-grade, municipal securities that pay interest exempt from federal taxation. It will invest at least 80% of its total assets in fixed-income securities rated A or better or the equivalent by one or more nationally recognized statistical rating organizations. The fund may invest up to 20% of its total assets in below investment grade fixed-income securities (“junk bonds”).
Fund Info
| ISIN | US0185284710 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Jan 25, 2010 |
| Category | Municipal Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
AUNYX features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: AUNYX vs. TAIAX, AUNYX vs. SCHG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Municipal Bond Inflation Strategy, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AB Municipal Bond Inflation Strategy had a return of 3.17% year-to-date (YTD) and 6.15% in the last 12 months. Over the past 10 years, AB Municipal Bond Inflation Strategy had an annualized return of 2.60%, while the S&P 500 had an annualized return of 11.39%, indicating that AB Municipal Bond Inflation Strategy did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.17% | 25.48% |
| 1 month | -0.64% | 2.14% |
| 6 months | 1.48% | 12.76% |
| 1 year | 6.15% | 33.14% |
| 5 years (annualized) | 3.26% | 13.96% |
| 10 years (annualized) | 2.60% | 11.39% |
Monthly Returns
The table below presents the monthly returns of AUNYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.16% | 0.73% | 0.22% | -0.09% | 0.07% | 0.94% | -0.07% | 0.27% | 1.12% | -0.69% | 3.17% | ||
| 2023 | 1.90% | -0.63% | 1.74% | -0.57% | -1.03% | 1.29% | 0.58% | -0.89% | -1.44% | -0.38% | 3.36% | 1.24% | 5.17% |
| 2022 | -2.16% | 1.11% | -0.71% | -1.38% | 1.04% | -3.27% | 3.66% | -1.59% | -5.11% | 1.45% | 2.46% | -0.11% | -4.84% |
| 2021 | 1.59% | -1.10% | 1.52% | 1.18% | 0.61% | 0.17% | 1.41% | -0.04% | -0.35% | 0.84% | 0.47% | 0.81% | 7.30% |
| 2020 | 0.69% | -0.11% | -7.13% | -0.05% | 2.40% | 2.08% | 2.41% | 1.56% | -0.26% | 0.28% | 1.43% | 1.58% | 4.58% |
| 2019 | 1.32% | 0.90% | 0.81% | 0.63% | 0.30% | 0.38% | 0.93% | -0.01% | -0.93% | 0.19% | 0.58% | 1.08% | 6.34% |
| 2018 | -0.11% | -0.11% | 0.01% | 0.02% | 0.68% | 0.55% | 0.33% | 0.08% | -0.46% | -1.19% | 0.48% | -0.33% | -0.07% |
| 2017 | 1.05% | 0.75% | 0.09% | 0.25% | 0.30% | -0.62% | 0.79% | 0.45% | -0.14% | 0.17% | -0.68% | 0.92% | 3.37% |
| 2016 | 0.33% | -0.03% | 1.06% | 0.73% | -0.58% | 0.34% | 0.10% | 0.15% | 0.45% | 0.35% | -2.24% | 1.17% | 1.82% |
| 2015 | 1.20% | -0.25% | -0.72% | 0.32% | -0.91% | 0.52% | -0.23% | -0.33% | -0.26% | 0.94% | 0.57% | 0.21% | 1.02% |
| 2014 | 1.11% | 1.00% | -0.56% | 1.08% | 1.00% | 0.21% | 0.22% | 0.32% | -0.93% | -0.07% | -0.61% | -1.21% | 1.56% |
| 2013 | 0.40% | -0.06% | -0.18% | 0.19% | -1.67% | -2.45% | 0.20% | -1.44% | 1.69% | 0.49% | -0.56% | -0.10% | -3.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of AUNYX is 82, placing it in the top 18% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Municipal Bond Inflation Strategy (AUNYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Municipal Bond Inflation Strategy provided a 2.48% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.26 | $0.17 | $0.19 | $0.25 | $0.26 | $0.26 | $0.22 | $0.20 | $0.20 | $0.15 | $0.15 |
Dividend yield | 2.48% | 2.44% | 1.66% | 1.66% | 2.38% | 2.50% | 2.64% | 2.13% | 2.01% | 1.92% | 1.49% | 1.45% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.00 | $0.25 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.26 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.19 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.25 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2016 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2015 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.03 | $0.20 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.15 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
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.
Worst Drawdowns
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 0.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.1% | Feb 25, 2020 | 19 | Mar 20, 2020 | 100 | Aug 12, 2020 | 119 |
| -8.44% | Jan 5, 2022 | 186 | Sep 30, 2022 | 307 | Dec 20, 2023 | 493 |
| -6.5% | Dec 10, 2012 | 186 | Sep 5, 2013 | 747 | Aug 23, 2016 | 933 |
| -2.97% | Oct 15, 2010 | 42 | Dec 14, 2010 | 56 | Mar 7, 2011 | 98 |
| -2.53% | Nov 11, 2016 | 12 | Nov 29, 2016 | 45 | Feb 3, 2017 | 57 |
Volatility
Volatility Chart
The current AB Municipal Bond Inflation Strategy volatility is 1.08%, 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.