AB Tax-Aware Intermediate Municipal ETF (TAFM) Price, Holdings, & News

ETF Overview

The AB Tax-Aware Intermediate Municipal ETF (TAFM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 4 to 7 years TAFM was launched on Dec 13, 2023 and is issued by AB Funds.

Key Stats

• Today's Range: $24.75 to $24.78
• 50-Day Range: $24.58 to $24.92
• 52-Week Range: $24.04 to $25.94
• Volume: 1,010 shs
• Average Volume: 94,209 shs
• Market Capitalization: $295.64 million
• Assets Under Management: $318.17 million
• Dividend Yield: 3.35%
• Net Expense Ratio: 0.28%
• Aggregate Rating: N/A

TAFM ETF - Frequently Asked Questions

How have TAFM shares performed this year?

AB Tax-Aware Intermediate Municipal ETF's stock was trading at $25.28 at the beginning of the year. Since then, TAFM shares have decreased by 2.1% and is now trading at $24.74.

Who are AB Tax-Aware Intermediate Municipal ETF's major shareholders?

AB Tax-Aware Intermediate Municipal ETF's top institutional shareholders include NorthRock Partners LLC (11.82%), LVW Advisors LLC (7.42%), Leverty Financial Group LLC (2.74%) and FSM Wealth Advisors LLC (2.46%).

How do I buy shares of AB Tax-Aware Intermediate Municipal ETF?

Shares of TAFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: AllianceBernstein
• Fund Name: AB Tax-Aware Intermediate Municipal ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:TAFM
• Inception Date: 12/13/2023
• Fund Manager: Matthew Norton, Andrew Potter, Daryl Clements
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Broad Municipals
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 435

Fund Statistics

• Assets Under Management: $318.17 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.03%

Administrator, Advisor and Custodian

• Administrator: State Street Bank and Trust Company
• Advisor: AllianceBernstein L.P.
• Custodian: State Street Bank and Trust Company
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 61,900 shs

Miscellaneous

• Outstanding Shares: 11,950,000
• Beta: 0.04
• Creation Unit: 50,000
• Creation Fee: $250.00