ALTVX Performance — AB National Portfolio, Advisor Class
Data updated: 2026-09-25
ALTVX returned +0.85% year to date and +5.85% over one year to Jul 2026. Annualised returns are +3.63% over 3 years and +0.68% 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 5.42% a year. In the 12 months to Jul 2026 the fund took in a net $96.5M, and assets reached $1.98B.
ALTVX Growth of $100
What $100 invested in AB National 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 | ALTVX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $111 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $103 | $102 |
| Since data start (Sep 2019 – Jul 2026) | $112 | $108 |
ALTVX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.85% |
| 1 year | +5.85% |
| 3 years (annualised) | +3.63% |
| 5 years (annualised) | +0.68% |
ALTVX Annual Returns
Calendar-year total returns of AB National Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.85% |
| 2025 | +4.12% |
| 2024 | +2.57% |
| 2023 | +6.30% |
| 2022 | −9.59% |
| 2021 | +2.75% |
| 2020 | +5.05% |
| 2019 (Sep–Dec) | −0.13% |
ALTVX 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% | +1.4% | −2.0% | +0.9% | +0.5% | +0.9% | −1.6% | — | — | — | — | — |
| 2025 | +0.3% | +1.2% | −1.5% | −0.6% | −0.4% | +0.6% | −0.4% | +0.8% | +2.5% | +1.3% | +0.2% | +0.1% |
| 2024 | +0.1% | +0.1% | +0.2% | −1.2% | +0.3% | +1.7% | +0.8% | +0.9% | +1.1% | −1.4% | +1.4% | −1.3% |
| 2023 | +2.9% | −1.9% | +1.6% | +0.3% | −0.7% | +0.6% | +0.1% | −0.9% | −2.6% | −1.5% | +6.0% | +2.5% |
| 2022 | −2.4% | −0.5% | −3.0% | −2.8% | +1.2% | −2.2% | +2.7% | −2.2% | −3.7% | −1.1% | +4.3% | −0.1% |
| 2021 | +0.9% | −1.5% | +0.7% | +0.9% | +0.5% | +0.5% | +0.7% | −0.4% | −0.7% | 0.0% | +0.9% | +0.1% |
| 2020 | +1.8% | +1.3% | −5.9% | −1.6% | +3.2% | +1.9% | +2.0% | −0.1% | −0.1% | −0.1% | +1.7% | +1.1% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | 0.0% | +0.1% | +0.3% |
ALTVX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.42%
- 3-year Sharpe ratio: -0.16 (vs 4.5% risk-free rate)
- Best month: +5.96% (Nov 2023)
- Worst month: −2.60% (Sep 2023)
ALTVX Fund Flows
Monthly money in and out of AB National Portfolio, from SEC Form N-PORT.
- 12-month net flow: $96.5M
- 12-month gross sales (incl. reinvestments): $593.4M
- Sales ÷ redemptions: 1.19×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $40.5M | $45.6M | −$5.0M |
| Jun 2026 | $40.4M | $35.7M | $4.7M |
| May 2026 | $52.3M | $34.6M | $17.8M |
| Apr 2026 | $47.2M | $45.1M | $2.1M |
| Mar 2026 | $53.3M | $35.2M | $18.1M |
| Feb 2026 | $49.4M | $39.6M | $9.8M |
| Jan 2026 | $59.3M | $36.4M | $22.9M |
| Dec 2025 | $62.9M | $49.2M | $13.7M |
| Nov 2025 | $37.3M | $27.4M | $9.9M |
| Oct 2025 | $58.9M | $42.5M | $16.4M |
| Sep 2025 | $46.7M | $43.3M | $3.4M |
| Aug 2025 | $45.2M | $62.3M | −$17.2M |
ALTVX Assets Under Management
Net assets of AB National Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.98B |
| 2026-05-31 | $2.00B |
| 2026-02-28 | $2.00B |
| 2025-11-30 | $1.92B |
| 2025-08-31 | $1.84B |
| 2025-05-31 | $1.85B |
| 2025-02-28 | $2.01B |
| 2024-11-30 | $2.03B |
| 2024-08-31 | $1.93B |
| 2024-05-31 | $1.85B |
| 2024-02-29 | $1.86B |
| 2023-11-30 | $1.77B |
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.