Alliancebernstein National Municipal Fund Holdings Turnover

Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.

According to the company disclosure, Alliancebernstein National Municipal has a Holdings Turnover of 0.0%. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

The Macroaxis Fundamental Analysis modules help investors analyze Alliancebernstein National Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alliancebernstein using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alliancebernstein National Municipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Alliancebernstein financial ratios help investors to determine whether Alliancebernstein Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alliancebernstein with respect to the benefits of owning Alliancebernstein security.