Conservative, high-quality, actively-managed municipal bond portfolio that seeks the highest available level of current income exempt from federal taxes while maintaining overall portfolio risk

About this Fund

  • Conservative, high-quality municipal bond portfolio
  • Seeks to manage volatility and interest-rate risk by focusing on short to intermediate-term bonds 
  • The portfolio management team leverages the strength of AB’s award-winning fixed-income platform

Investment Approach

  • Municipal bonds that generate income exempt from federal taxes (some may be subject to the alternative minimum tax)

Meet the Team

We will manage to a client’s tax bracket. How many managers can say that? What you should want your manager to have is flexibility.

Daryl Clements—Portfolio Manager

Strategic Approach

Invest for Tax-Advantaged Income

Looking for more information about tax-advantaged income strategies? Explore our other products and thought leadership. 


Risks To Consider

  • Market Risk: The market values of the portfolio’s holdings rise and fall from day to day, so investments may lose value. 

  • Past performance does not guarantee future results. There is no assurance that a separately managed account will achieve its investment objective.

    Separately managed accounts are subject to market risk, the market values of securities owned will fluctuate so that your investment, when redeemed, may be worth more or less than its original cost.

    AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds. 

    AB mutual funds may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States.

    Investment Products Offered:

    Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed

    The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein® is a registered service mark used by permission of the owner, AllianceBernstein L.P..


Looking for More Information?

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