The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABTFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ABTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ABTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Aggressive high-yield offering.
Ken Noguchi
Analyst
Summary
AB High Income Municipal’s broader team has grown, yet it has more to prove in delivering consistent, strong decision-making in the high-yield municipal market.