ABTYX vs. ACGYX
Compare and contrast key facts about AB High Income Municipal Portfolio (ABTYX) and AB Income Fund (ACGYX).
ABTYX is managed by AllianceBernstein. It was launched on Jan 25, 2010. ACGYX is managed by AllianceBernstein. It was launched on Aug 28, 1987.
Performance
ABTYX vs. ACGYX - Performance Comparison
Loading graphics...
ABTYX vs. ACGYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABTYX AB High Income Municipal Portfolio | -0.57% | 5.88% | 4.64% | 5.49% | -15.49% | 5.73% | 5.08% | 11.31% | 1.02% | 10.22% |
ACGYX AB Income Fund | -0.77% | 7.86% | 2.07% | 6.16% | -15.45% | -1.30% | 6.88% | 11.25% | -1.21% | 6.33% |
Returns By Period
In the year-to-date period, ABTYX achieves a -0.57% return, which is significantly higher than ACGYX's -0.77% return.
ABTYX
- 1D
- 0.40%
- 1M
- -2.69%
- YTD
- -0.57%
- 6M
- 1.07%
- 1Y
- 3.26%
- 3Y*
- 4.18%
- 5Y*
- 0.61%
- 10Y*
- 2.84%
ACGYX
- 1D
- 0.31%
- 1M
- -2.15%
- YTD
- -0.77%
- 6M
- 0.12%
- 1Y
- 3.53%
- 3Y*
- 4.15%
- 5Y*
- -0.03%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABTYX vs. ACGYX - Expense Ratio Comparison
ABTYX has a 0.53% expense ratio, which is lower than ACGYX's 0.54% expense ratio.
Return for Risk
ABTYX vs. ACGYX — Risk / Return Rank
ABTYX
ACGYX
ABTYX vs. ACGYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB High Income Municipal Portfolio (ABTYX) and AB Income Fund (ACGYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ABTYX | ACGYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.52 | 0.82 | -0.31 |
Sortino ratioReturn per unit of downside risk | 0.73 | 1.16 | -0.43 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.15 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.28 | -0.57 |
Martin ratioReturn relative to average drawdown | 1.98 | 4.08 | -2.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ABTYX | ACGYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.52 | 0.82 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | -0.00 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.40 | +0.55 |
Correlation
The correlation between ABTYX and ACGYX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ABTYX vs. ACGYX - Dividend Comparison
ABTYX's dividend yield for the trailing twelve months is around 4.66%, more than ACGYX's 4.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABTYX AB High Income Municipal Portfolio | 4.66% | 5.93% | 4.15% | 3.10% | 3.91% | 2.59% | 3.70% | 4.27% | 4.60% | 4.20% | 4.48% | 4.69% |
ACGYX AB Income Fund | 4.60% | 5.02% | 5.38% | 4.04% | 3.99% | 2.95% | 3.80% | 4.50% | 4.54% | 5.84% | 3.23% | 0.00% |
Drawdowns
ABTYX vs. ACGYX - Drawdown Comparison
The maximum ABTYX drawdown since its inception was -21.44%, roughly equal to the maximum ACGYX drawdown of -21.58%. Use the drawdown chart below to compare losses from any high point for ABTYX and ACGYX.
Loading graphics...
Drawdown Indicators
| ABTYX | ACGYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.44% | -21.58% | +0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.90% | -3.36% | -3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -21.44% | -21.58% | +0.14% |
Max Drawdown (10Y)Largest decline over 10 years | -21.44% | — | — |
Current DrawdownCurrent decline from peak | -3.15% | -3.54% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -3.99% | -5.45% | +1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 1.05% | +1.43% |
Volatility
ABTYX vs. ACGYX - Volatility Comparison
The current volatility for AB High Income Municipal Portfolio (ABTYX) is 1.58%, while AB Income Fund (ACGYX) has a volatility of 1.70%. This indicates that ABTYX experiences smaller price fluctuations and is considered to be less risky than ACGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ABTYX | ACGYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 1.70% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.50% | 2.78% | -0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.19% | 4.71% | +2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 6.45% | -0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.60% | 5.44% | +0.16% |