ALTVX – AB Municipal Income National Advisor Investment Strategy | Morningstar

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Strategy

The investment seeks to earn the highest level of current income, exempt from federal income tax, which is available without assuming what the Adviser considers to be undue risk to principal or income. The fund invests principally in high-yielding, predominantly investment grade municipal securities. It invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax ("AMT") for certain taxpayers. The fund may invest more than 25% of its assets in a single state.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ALTVX	AB Municipal Income Fund National Portfolio Advisor Class	No Load	Open			Aug 6, 2008	$1.46B	0.500%	Average	—	$24.16M
ALTHX	AB Municipal Income Fund National Portfolio Class A	Front Load	Open			Dec 29, 1986	$354.91M	0.750%	Average	$2,500	−$21.66M
ALNCX	AB Municipal Income Fund National Portfolio Class C	Level Load	Open			May 3, 1993	$9.11M	1.500%	Above Average	$2,500	−$3.90M

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