ALCVX Performance — AB California Portfolio, Advisor Class
Data updated: 2026-09-25
ALCVX returned +0.57% year to date and +5.52% over one year to Jul 2026. Annualised returns are +3.61% over 3 years and +0.88% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $111, against $109 for the category, and to $106 over one year, against $105. Volatility over the past three years was 5.35% a year. In the 12 months to Jul 2026 the fund took in a net $139.3M, and assets reached $1.36B.
ALCVX Growth of $100
What $100 invested in AB California Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | ALCVX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $111 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $104 | $102 |
| Since data start (Sep 2019 – Jul 2026) | $113 | $108 |
ALCVX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.57% |
| 1 year | +5.52% |
| 3 years (annualised) | +3.61% |
| 5 years (annualised) | +0.88% |
ALCVX Annual Returns
Calendar-year total returns of AB California Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.57% |
| 2025 | +3.96% |
| 2024 | +2.60% |
| 2023 | +6.93% |
| 2022 | −8.53% |
| 2021 | +2.36% |
| 2020 | +5.12% |
| 2019 (Sep–Dec) | −0.02% |
ALCVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.5% | −2.1% | +0.9% | +0.6% | +0.8% | −1.7% | — | — | — | — | — |
| 2025 | +0.1% | +1.2% | −1.4% | −0.8% | −0.4% | +0.7% | −0.4% | +0.8% | +2.5% | +1.3% | +0.1% | +0.1% |
| 2024 | +0.1% | +0.1% | +0.3% | −1.2% | +0.4% | +1.6% | +0.9% | +0.9% | +0.9% | −1.3% | +1.4% | −1.3% |
| 2023 | +3.0% | −1.8% | +1.3% | +0.3% | −0.5% | +0.7% | +0.2% | −0.7% | −2.5% | −1.4% | +5.8% | +2.6% |
| 2022 | −2.2% | −0.4% | −2.9% | −2.7% | +1.0% | −2.2% | +2.7% | −1.7% | −4.1% | −1.1% | +4.9% | +0.2% |
| 2021 | +0.9% | −1.5% | +0.8% | +1.0% | +0.5% | +0.4% | +0.8% | −0.3% | −0.8% | −0.2% | +0.8% | 0.0% |
| 2020 | +1.6% | +1.4% | −6.2% | −1.1% | +3.1% | +1.9% | +2.0% | −0.1% | +0.1% | 0.0% | +1.8% | +0.9% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | +0.1% | +0.2% | +0.4% |
ALCVX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.35%
- 3-year Sharpe ratio: -0.17 (vs 4.5% risk-free rate)
- Best month: +5.81% (Nov 2023)
- Worst month: −2.46% (Sep 2023)
ALCVX Fund Flows
Monthly money in and out of AB California Portfolio, from SEC Form N-PORT.
- 12-month net flow: $139.3M
- 12-month gross sales (incl. reinvestments): $422.3M
- Sales ÷ redemptions: 1.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $33.8M | $44.6M | −$10.8M |
| Jun 2026 | $63.1M | $17.7M | $45.3M |
| May 2026 | $34.2M | $21.7M | $12.5M |
| Apr 2026 | $29.8M | $25.2M | $4.5M |
| Mar 2026 | $30.4M | $15.5M | $14.9M |
| Feb 2026 | $31.2M | $16.6M | $14.7M |
| Jan 2026 | $39.5M | $17.4M | $22.1M |
| Dec 2025 | $41.6M | $25.7M | $15.9M |
| Nov 2025 | $31.5M | $14.7M | $16.8M |
| Oct 2025 | $28.5M | $22.3M | $6.2M |
| Sep 2025 | $27.5M | $23.6M | $3.9M |
| Aug 2025 | $31.3M | $38.1M | −$6.7M |
ALCVX Assets Under Management
Net assets of AB California Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.36B |
| 2026-05-31 | $1.35B |
| 2026-02-28 | $1.34B |
| 2025-11-30 | $1.27B |
| 2025-08-31 | $1.20B |
| 2025-05-31 | $1.22B |
| 2025-02-28 | $1.28B |
| 2024-11-30 | $1.27B |
| 2024-08-31 | $1.21B |
| 2024-05-31 | $1.16B |
| 2024-02-29 | $1.14B |
| 2023-11-30 | $1.05B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.