AB Municipal Income Fund II - Ohio Portfolio - Class A (AOHAX)
AB Municipal Income Fund II - Ohio Portfolio - Class A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $9.11, down 0.27% on the session, giving a market capitalisation of $33.3M. On trailing twelve-month figures it carries a trailing P/E of 13.39, a net margin of 94.4%. Its beta of 0.92 implies it has historically moved less than the broad market.
This fund allocates a minimum of 80% of its total assets to municipal bonds that generate interest free from federal income tax. However, it's important to note that for some taxpayers, the income from these securities might still be subject to the federal Alternative Minimum Tax (AMT). Furthermore, at least 80% of the portfolio's net assets are invested in municipal obligations issued by entities in Ohio, or other municipal securities providing interest income explicitly exempt from Ohio state income tax.
AB Municipal Income Fund II - Ohio Portfolio - Class A is most often compared with the following Financial Services names: