Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) Stock Analysis
DELISTED 2025
What happened to Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) stock?
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) no longer trades on public markets. It was delisted in November 2025. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) trades at $13.49. Sanford C. Bernstein Fund, Inc. Market cap: $1.29B, Sector: Financial services.
Last analyzed: Mar 18, 2026Analyst Coverage for ANIAX: ANIAX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ANIAX against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) Financial Services Profile
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) is a non-diversified fund focusing on New York municipal securities rated A or higher, seeking to provide income exempt from New York state income tax within the asset management sector. The fund has a beta of 0.60.
What Is the Investment Thesis for ANIAX?
ANIAX presents a focused investment in New York municipal bonds, offering tax-exempt income for New York residents. The fund's strategy of investing in securities rated A or better provides a degree of safety, although its non-diversified nature introduces concentration risk. With a beta of 0.60, the fund exhibits lower volatility compared to the broader market. Key value drivers include the fund's ability to generate consistent tax-exempt income and its adherence to high credit quality standards. Growth catalysts are tied to the overall health of the New York municipal bond market and demand for tax-advantaged investment options. Potential risks include interest rate fluctuations and credit quality deterioration of the underlying municipal bonds.
Based on FMP financials and quantitative analysis
ANIAX Key Highlights
Market capitalization of $1.29B, indicating a substantial asset base.
- Beta of 0.60, suggesting lower volatility compared to the overall market.
- Investment focus on municipal securities issued by the State of New York or its political subdivisions.
- Minimum 80% of total assets invested in municipal securities rated A or better, reflecting a focus on high-quality investments.
- Non-diversified fund, allowing for concentrated investments in specific issuers.
Who Are ANIAX's Competitors?
ANIAX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| DFCIX Delaware SMID Cap Growth Fund Class A | $16.08 | -0.74% | $1.13B | 44 |
| DRNYX BNY Mellon New York Tax Exempt Bond Fund, Inc. | $13.53 | -0.07% | $1.00B | — |
| FSUPX Fidelity Large Cap Growth Idx Prm | $14.52 | -1.22% | $1.31B | 44 |
| GRMIX Nationwide S&P 500 Index Fund | $34.51 | -0.83% | $1.81B | 44 |
| IVWAX IVA Worldwide Fund Class A | $17.14 | -1.45% | $991M | — |
| HQH Abrdn Healthcare Investors | $23.84 | -3.33% | $1.36B | 71 |
| ASA ASA Gold and Precious Metals Limited | $62.31 | +0.10% | $1.17B | 70 |
| AOD Abrdn Total Dynamic Dividend Fund | $10.68 | +0.56% | $1.13B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ANIAX's Key Strengths?
Focus on tax-exempt New York municipal bonds.
- High credit quality of investments (rated A or better).
- Experienced management team.
- Lower volatility compared to the broader market (beta of 0.60).
What Are ANIAX's Weaknesses?
Non-diversified fund, leading to concentration risk.
- Limited geographic focus (New York only).
- Sensitivity to interest rate changes.
- Reliance on the financial health of New York municipalities.
What Could Drive ANIAX Stock Higher?
Potential changes in tax laws could increase demand for tax-exempt municipal bonds.
- Infrastructure projects in New York could lead to the issuance of new municipal bonds.
- Demand for ESG investments could drive growth in green municipal bonds.
What Are the Key Risks for ANIAX?
Rising interest rates could negatively impact bond values.
- Credit rating downgrades of New York municipalities could lead to losses.
- Non-diversified nature of the fund increases concentration risk.
- Changes in tax laws could reduce the attractiveness of municipal bonds.
What Are the Growth Opportunities for ANIAX?
- Increased Demand for Tax-Exempt Income: As tax rates potentially rise, the demand for tax-exempt investments like New York municipal bonds is likely to increase. This trend could drive more investors to ANIAX, boosting its assets under management (AUM). The market for municipal bonds is substantial, with trillions of dollars outstanding, offering ample opportunity for growth. Timeline: Ongoing.
- Strategic Partnerships with Financial Advisors: ANIAX can expand its reach by forming strategic partnerships with financial advisors and wealth management firms. These partnerships can provide access to a broader client base and increase the distribution of ANIAX's fund. The wealth management industry is growing, presenting a significant opportunity for ANIAX to tap into new markets. Timeline: Ongoing.
- Expansion into Green Bonds: Investing in green bonds issued by New York municipalities can attract socially responsible investors and further differentiate ANIAX from its competitors. The market for green bonds is rapidly expanding, with increasing investor interest in environmentally sustainable investments. This aligns with broader ESG (Environmental, Social, and Governance) trends. Timeline: Ongoing.
- Enhanced Marketing and Investor Education: Implementing a comprehensive marketing strategy focused on educating investors about the benefits of New York municipal bonds and ANIAX's investment approach can attract new investors. Investor education can highlight the tax advantages and risk-adjusted returns of municipal bond investments. Timeline: Ongoing.
- Active Management and Security Selection: Employing active management strategies to identify undervalued municipal bonds and manage credit risk can enhance ANIAX's performance and attract investors seeking superior returns. Active management can involve in-depth credit analysis and sector rotation strategies. Timeline: Ongoing.
What Are ANIAX's Competitive Advantages?
- Tax-exempt status of New York municipal bonds provides a unique advantage.
- Focus on high-quality, investment-grade securities reduces credit risk.
- Established track record in managing municipal bond portfolios.
- Expertise in New York municipal bond market.
What Does ANIAX Do?
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) is a fund managed by Sanford C. Bernstein Fund, Inc. The fund's primary investment objective is to provide current income exempt from New York state income tax. To achieve this, ANIAX invests at least 80% of its net assets in municipal securities issued by the State of New York or its political subdivisions. These securities are exempt from New York state income tax, making the fund attractive to investors seeking tax-advantaged income. The fund also invests at least 80% of its total assets in municipal securities rated A or better by Nationally Recognized Statistical Rating Organizations (NRSROs) and comparably rated municipal notes, indicating a focus on investment-grade securities. ANIAX is classified as a non-diversified fund, which means it can invest a larger portion of its assets in a smaller number of issuers compared to a diversified fund. This strategy can potentially lead to higher returns but also carries greater risk due to the lack of diversification. As of 2026, the fund manages approximately $1.29 billion in assets.
What Products and Services Does ANIAX Offer?
- Invests primarily in New York municipal securities.
- Seeks to provide income exempt from New York state income tax.
- Focuses on municipal securities rated A or better.
- Operates as a non-diversified fund.
- Manages a portfolio of municipal bonds.
- Provides tax-advantaged investment options for New York residents.
How Does ANIAX Make Money?
- Generates revenue through management fees based on assets under management (AUM).
- Invests in municipal bonds and earns interest income.
- Aims to provide tax-exempt income to investors.
- Manages investment risk through credit analysis and security selection.
What Industry Does ANIAX Operate In?
ANIAX operates within the asset management industry, specifically focusing on municipal bond funds. The market for municipal bonds is influenced by factors such as interest rates, credit ratings, and tax policies. Demand for municipal bonds is often driven by investors seeking tax-exempt income, particularly those in high-tax states like New York. Competitors in this space include funds like DFCIX, DRNYX, FSUPX, GRMIX, and IVWAX, which offer similar investment strategies focused on municipal bonds. The overall asset management industry is experiencing growth due to increasing demand for investment products and services.
Who Are ANIAX's Key Customers?
- Individual investors seeking tax-exempt income.
- High-net-worth individuals residing in New York.
- Financial advisors seeking tax-advantaged investment options for their clients.
- Institutions looking for stable, income-generating investments.
Key Financial Metrics
Return on equity for Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. ANIAX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
How Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A Is Valued
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A carries a market capitalization of $1.29B, placing it in the small-cap category.
ANIAX Financials
Bull Case vs Bear Case
Bull Case
- Focus on tax-exempt New York municipal bonds.
- High credit quality of investments (rated A or better).
- Experienced management team.
- Lower volatility compared to the broader market (beta of 0.60).
Bear Case
- Non-diversified fund, leading to concentration risk.
- Limited geographic focus (New York only).
- Sensitivity to interest rate changes.
- Reliance on the financial health of New York municipalities.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
ANIAX Latest News
No recent news available for ANIAX.
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A Financial Services Stock: Key Questions Answered
What happened to Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) stock?
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) no longer trades on public markets. It was delisted in November 2025. The figures below are historical and are not a current quote.
Can I still buy ANIAX shares?
No. ANIAX stopped trading on public markets in November 2025, so the shares are not available through a broker. Anything you see quoted for ANIAX elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before ANIAX stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A do?
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A (ANIAX) is a mutual fund that invests primarily in municipal securities issued by the State of New York or its political subdivisions. The fund's objective is to provide investors with current income that is exempt from New York state income tax.
What do analysts say about ANIAX stock?
As of 2026-03-18, there is no specific analyst coverage available for ANIAX. The fund's performance is primarily driven by the performance of the New York municipal bond market and its ability to generate tax-exempt income. Investors may want to evaluate factors such as interest rate risk, credit risk, and the fund's non-diversified nature when evaluating ANIAX. The fund's beta of 0.60 suggests lower volatility compared to the broader market.
What are the main risks for ANIAX?
The main risks for ANIAX include interest rate risk, credit risk, and concentration risk. Rising interest rates can negatively impact the value of the fund's bond holdings. Credit risk refers to the possibility that a municipal issuer may default on its debt obligations.
How does Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A generate revenue?
Sanford C. Bernstein Fund, Inc.- AB Intermediate New York Municipal Portfolio - Class A generates revenue primarily through management fees, which are a percentage of the fund's assets under management (AUM). The fund also earns interest income from the municipal bonds it holds in its portfolio.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and should not be considered investment advice.
- Investors should conduct their own research and consult with a financial advisor before making any investment decisions.