MISHX Performance — AB Municipal Income Shares
Data updated: 2026-09-24
MISHX returned +1.12% year to date and +6.73% over one year to Jul 2026. Annualised returns are +4.85% over 3 years and +0.99% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $115, against $109 for the category, and to $107 over one year, against $105. Volatility over the past three years was 7.09% a year. In the 12 months to Jul 2026 the fund took in a net $1.3B, and assets reached $16.88B.
MISHX Growth of $100
What $100 invested in AB Municipal Income Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | MISHX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $115 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $105 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $122 | $109 |
MISHX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.12% |
| 1 year | +6.73% |
| 3 years (annualised) | +4.85% |
| 5 years (annualised) | +0.99% |
MISHX Annual Returns
Calendar-year total returns of AB Municipal Income Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.12% |
| 2025 | +4.79% |
| 2024 | +4.84% |
| 2023 | +7.44% |
| 2022 | −12.46% |
| 2021 | +7.45% |
| 2020 | +6.22% |
| 2019 (Aug–Dec) | +2.62% |
MISHX 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 | +0.8% | +1.5% | −2.1% | +1.1% | +0.7% | +1.1% | −1.9% | — | — | — | — | — |
| 2025 | +0.6% | +1.5% | −1.6% | −0.9% | −0.4% | +0.8% | −0.7% | +1.0% | +3.1% | +1.1% | +0.3% | −0.1% |
| 2024 | +0.3% | +0.2% | +0.5% | −1.8% | +1.0% | +2.4% | +1.1% | +1.3% | +1.5% | −1.5% | +1.6% | −1.7% |
| 2023 | +3.8% | −2.2% | +1.6% | +0.5% | −0.9% | +0.6% | +0.2% | −1.3% | −3.8% | −2.2% | +8.0% | +3.5% |
| 2022 | −2.9% | −0.8% | −3.8% | −3.7% | +1.3% | −3.4% | +3.4% | −1.8% | −5.2% | −1.4% | +5.7% | −0.2% |
| 2021 | +2.3% | −1.5% | +1.3% | +1.6% | +1.2% | +0.7% | +1.2% | −0.3% | −0.8% | +0.1% | +1.4% | +0.3% |
| 2020 | +2.5% | +1.8% | −11.2% | −2.6% | +4.0% | +4.0% | +3.2% | +0.5% | −0.4% | +0.1% | +2.8% | +2.3% |
| 2019 | — | — | — | — | — | — | — | +2.4% | −0.8% | +0.1% | +0.3% | +0.6% |
MISHX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.09%
- 3-year Sharpe ratio: 0.05 (vs 4.5% risk-free rate)
- Best month: +7.97% (Nov 2023)
- Worst month: −3.83% (Sep 2023)
MISHX Fund Flows
Monthly money in and out of AB Municipal Income Shares, from SEC Form N-PORT.
- 12-month net flow: $1.3B
- 12-month gross sales (incl. reinvestments): $5.5B
- Sales ÷ redemptions: 1.30×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $370.5M | $422.7M | −$52.2M |
| Jun 2026 | $378.6M | $296.9M | $81.7M |
| May 2026 | $433.4M | $742.9M | −$309.6M |
| Apr 2026 | $411.6M | $823.1M | −$411.4M |
| Mar 2026 | $444.7M | $487.3M | −$42.6M |
| Feb 2026 | $456.9M | $151.1M | $305.8M |
| Jan 2026 | $525.9M | $185.7M | $340.2M |
| Dec 2025 | $492.0M | $275.8M | $216.2M |
| Nov 2025 | $400.3M | $171.1M | $229.2M |
| Oct 2025 | $543.7M | $205.0M | $338.7M |
| Sep 2025 | $497.8M | $276.8M | $221.0M |
| Aug 2025 | $532.6M | $195.9M | $336.7M |
MISHX Assets Under Management
Net assets of AB Municipal Income Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $16.88B |
| 2026-04-30 | $17.40B |
| 2026-01-31 | $17.67B |
| 2025-10-31 | $16.92B |
| 2025-07-31 | $15.40B |
| 2025-04-30 | $14.88B |
| 2025-01-31 | $14.57B |
| 2024-10-31 | $13.86B |
| 2024-07-31 | $13.06B |
| 2024-04-30 | $12.13B |
| 2024-01-31 | $11.62B |
| 2023-10-31 | $9.53B |
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.