Municipal Bonds
Overview
An active, limited-duration municipal bond strategy that combines flexibility and innovation to increase after-tax returns and reduce volatility
About this Fund
- Uses a unique structure to balance three distinctive return sources designed to help boost returns: high-grade municipals, municipal credit, and taxable bonds
- Leverages proprietary technology that seamlessly integrates trading and portfolio management processes, contributing to increased opportunity for alpha
Investment Approach
- Invests primarily in high-quality municipal bonds with the flexibility to tactically allocate to taxable bonds and high-income municipals
- Targeted duration: 3 to 5 years
Meet the Team
Our systematic, data-driven approach allows us to be nimbler and more flexible, focusing our time and effort on investible ideas where we disagree with the market.
Andrew Potter, CFA—Portfolio Manager-Municipal Bond
Investment Insights
2025: Lessons on the Value of Proactive Tax Management in Muni SMAs
Munis are prized for their tax efficiency, but AB’s proactive tax management may unlock even more value for investors in separately managed accounts (SMAs). We believe systematic, year-round tax-loss harvesting is essential, especially in volatile markets like 2025. It’s been a case study in why waiting until year end to “rush” to market isn’t enough.
Additional Information
Risks To Consider
-
Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit our Literature Center or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing.
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 and AllianceBernstein® are registered trademarks used by permission of the owner, AllianceBernstein L.P.