APAAX Performance — AB Pennsylvania Portfolio, Class A
Data updated: 2025-04-28
APAAX returned +4.78% over one year to Feb 2025. Over one year the fund beat its Long-Term Municipal Bond category average: $100 grew to $105, against $103 for the category. Volatility over the past 12 months was 3.66% a year. In the 12 months to Feb 2025 the fund lost a net $8.9M, and assets reached $41.40M.
APAAX Growth of $100
What $100 invested in AB Pennsylvania Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | APAAX | Category average |
|---|---|---|
| 1 year (Mar 2024 – Feb 2025) | $105 | $103 |
| 3 years (Mar 2022 – Feb 2025) | $102 | $101 |
| 5 years (Mar 2020 – Feb 2025) | $104 | $102 |
| Since data start (Sep 2019 – Feb 2025) | $107 | $105 |
APAAX Trailing Returns
Total returns to Feb 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.78% |
3- and 5-year figures withheld: not verified.
APAAX Annual Returns
Calendar-year total returns of AB Pennsylvania Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Feb) | +1.54% |
| 2024 | +3.28% |
| 2023 | +4.43% |
| 2022 | −9.46% |
| 2021 | +3.00% |
| 2020 | +4.63% |
| 2019 (Sep–Dec) | −0.09% |
APAAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.4% | +1.2% | — | — | — | — | — | — | — | — | — | — |
| 2024 | +0.3% | −0.2% | +0.3% | −1.3% | +0.5% | +1.5% | +1.1% | +0.9% | +1.4% | −1.2% | +1.3% | −1.1% |
| 2023 | +2.8% | −2.0% | +1.4% | −0.2% | −0.6% | +0.6% | +0.1% | −1.0% | −2.6% | −1.6% | +5.4% | +2.4% |
| 2022 | −2.1% | −0.6% | −2.9% | −2.9% | +0.9% | −2.0% | +2.3% | −2.0% | −3.8% | −1.2% | +4.5% | +0.2% |
| 2021 | +0.8% | −1.2% | +0.7% | +1.0% | +0.6% | +0.3% | +0.8% | −0.1% | −0.6% | 0.0% | +0.8% | +0.1% |
| 2020 | +1.6% | +1.1% | −4.3% | −1.7% | +2.9% | +1.2% | +1.8% | +0.1% | +0.1% | −0.1% | +1.3% | +0.8% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | +0.1% | +0.1% | +0.3% |
APAAX Risk
Risk measures from monthly returns over Mar 2024 – Feb 2025.
- 1-year volatility (annualised): 3.66%
- Best month: +1.52% (Jun 2024)
- Worst month: −1.29% (Apr 2024)
APAAX Fund Flows
Monthly money in and out of AB Pennsylvania Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$8.9M
- 12-month gross sales (incl. reinvestments): $3.5M
- Sales ÷ redemptions: 0.28×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2025 | $79K | $1.8M | −$1.8M |
| Jan 2025 | $79K | $2.4M | −$2.3M |
| Dec 2024 | $100K | $1.9M | −$1.8M |
| Nov 2024 | $342K | $583K | −$241K |
| Oct 2024 | $280K | $1.5M | −$1.2M |
| Sep 2024 | $267K | $427K | −$160K |
| Aug 2024 | $875K | $130K | $744K |
| Jul 2024 | $252K | $470K | −$218K |
| Jun 2024 | $341K | $368K | −$27K |
| May 2024 | $216K | $641K | −$425K |
| Apr 2024 | $285K | $958K | −$674K |
| Mar 2024 | $433K | $1.3M | −$824K |
APAAX Assets Under Management
Net assets of AB Pennsylvania Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-02-28 | $41.40M |
| 2024-11-30 | $47.50M |
| 2024-08-31 | $48.86M |
| 2024-05-31 | $47.08M |
| 2024-02-29 | $49.63M |
| 2023-11-30 | $48.06M |
| 2023-08-31 | $49.65M |
| 2023-05-31 | $51.04M |
| 2023-02-28 | $51.11M |
| 2022-11-30 | $51.61M |
| 2022-08-31 | $54.25M |
| 2022-05-31 | $58.93M |
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.