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ACACX AB Municipal Income California C

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Fund ACACX AB Municipal Income California C CMF iShares California Muni Bond  
100% 92%
Annual Fees
(1.50% Exp. Ratio)
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$11,659.31 $17,020.53
Est. savings over 30 yrs +$5,361.22
As of 9/30/16
1 YR RETURN 5.09%
3 YR 5.16%
5 YR 4.19%
10 YR 3.76%
1 YR RETURN 5.28%
3 YR 5.83%
5 YR 4.89%
10 YR --
The investment seeks to earn the highest level of current income, exempt from federal income tax and California personal income tax, which is available without assuming what the Adviser considers to be undue risk to income or principal. 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 investment seeks to track the investment results of the S&P California AMT-Free Municipal Bond IndexTM. The index measures the performance of the investment-grade segment of the California municipal bond market. The fund generally will invest at least 90% of its assets in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the index, but which BFA believes will help the fund track the index. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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