Fund name: Alliance Municipal Income Fund-National Portfolio (ALTHX)
Managed by: Alliance Capital
Portfolio manager: Susan Keenan
Total assets: $708 million
Top holdings: Bond ratings were 56.68% AAA-rated; 3.65% were AA-rated; 5.71% were A-rated; 21.51% were BBB-rated; and 12.45% were non-rated.
Average annual return: 7.89% since its December 31, 1986, inception
Maximum load: 4.25% on Class A shares
Total expense ratio: 0.66%, including a 12b-1 fee of 0.30%
Minimum initial investment: $250
Management fee: 0.63%
Phone: (800) 227-4618
Web site:http://www.alliancecapital.com
Figures are as of June 7, 1999.
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This article was originally published in the August 1999 print edition of Entrepreneur with the headline: Bonds Have More Fun.
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