Terrance T. Hults

Portfolio Manager—Tax-Exempt Fixed-Income Investment Policy Group

29 Years at AB|34 Years of Experience

Terrance T. Hults is a Portfolio Manager and member of the Tax-Exempt Fixed-Income Investment Policy Group. Hults joined AB in 1995 and has been instrumental in the designing and managing of numerous innovative, top-performing strategies within the municipal group. These strategies include the AB Tax Aware SMA, an industry-leading, flexible, separately-managed municipal account, and the AB Municipal Bond Inflation Portfolio, one of the first mutual funds to systematically incorporate inflation hedging into a municipal bond strategy. Prior to joining the firm, he was an associate in the Municipal Derivative Products department at Merrill Lynch Capital Markets, where he specialized in securities arbitrage. These transactions involved issuers and investors, as well as proprietary trading and utilized futures, options, interest-rate swaps and other over-the-counter derivative structures. Hults holds a BA in economics from Williams College and an MBA in finance from Columbia University. Location: New York

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