ALCAX — AB California Portfolio
Data updated: 2026-07-24
ALCAX — AB California Portfolio data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $1.35B AUM · 0.75% expense ratio · 6.4% 1-yr return. From SEC regulatory filings.
ALCAX Fund Overview
ALCAX — AB California Portfolio is a US mutual fund managed by Ab Municipal Income Fund, Inc., categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ab Municipal Income Fund, Inc.
- Category: Long Municipal - National Bond
- Assets under management: $1.35B
- 1-year return: 6.4%
- Ticker: ALCAX
- SEC CIK: 0000798737
- SEC series ID: S000010348
- Share class ID: C000028619
ALCAX Holdings
Top 10 holdings of AB California Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| San Diego County Regional Airport Authority | 1.58% |
| California Statewide Communities Development Authority | 1.51% |
| California Infrastructure & Economic Development Bank | 1.50% |
| California Infrastructure & Economic Development Bank | 1.39% |
| California Community Choice Financing Authority | 1.37% |
| City of Los Angeles Department of Airports | 1.35% |
| M-S-R Energy Authority | 1.24% |
| Bay Area Toll Authority | 1.09% |
| California Community Choice Financing Authority | 0.98% |
| California Community Choice Financing Authority | 0.98% |
ALCAX Portfolio Allocation
Asset-class allocation of AB California Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.3% |
| Cash & Equivalents | 0.7% |
| Securitized | 0.5% |
| Real Estate | 0.1% |
ALCAX Performance
Total returns for ALCAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 6.4% |
| 3 years (annualised) | 3.9% |
| 5 years (annualised) | 1.0% |
ALCAX Risk Information
Risk metrics for ALCAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
ALCAX Costs and Fees
ALCAX costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 0.77%
- Portfolio turnover: 35%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
ALCAX Cashflows
Over the 12 months to 2026-02, AB California Portfolio had net inflows of $45.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $14.65M |
| 2026-01 | $22.13M |
| 2025-12 | $15.89M |
| 2025-11 | $16.81M |
| 2025-10 | $6.19M |
| 2025-09 | $3.88M |
ALCAX Debt Constituents
Largest debt holdings of AB California Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| San Diego County Regional Airport Authority | 1.58% |
| California Statewide Communities Development Authority | 1.51% |
| California Infrastructure & Economic Development Bank | 1.50% |
| California Infrastructure & Economic Development Bank | 1.39% |
| California Community Choice Financing Authority | 1.37% |
| City of Los Angeles Department of Airports | 1.35% |
| M-S-R Energy Authority | 1.24% |
| Bay Area Toll Authority | 1.09% |
| California Community Choice Financing Authority | 0.98% |
| California Community Choice Financing Authority | 0.98% |
ALCAX Prospectus and SEC Filings
Official AB California Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.