Key stats
About AB Tax-Aware Intermediate Municipal ETF
Home page
Inception date
Dec 13, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AllianceBernstein LP
Distributor
Foreside Fund Services LLC
ISIN
US00039J8898
TAFM aims to provide a moderate rate of after-tax return and income by actively investing in an intermediate-term portfolio of municipal bonds issued and guaranteed by the US and its territories. While focused on investment grade tax-exempt munis, the fund could opportunistically invest in junk bonds and may hold bonds subject to alternative minimum tax. The adviser selects securities based on various factors, including credit quality, maturity, diversification benefits, and relative expected after-tax returns of taxable and municipal securities. The adviser also considers tax implications from trading activities. More than 25% of assets may be invested in related securities or obligations that may influence each other. The portfolio's effective duration is expected to be 4 to 7 years. The fund may utilize derivatives to hedge the portfolio, enhance income, or leverage exposure.
Related funds
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.43%
Cash1.30%
Securitized0.27%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TAFM trades at 25.56 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on TAFM price chart.
TAFM net asset value is 25.53 today — it's risen 0.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TAFM assets under management is 404.57 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TAFM price has fallen by −0.31% over the last month, and its yearly performance shows a 0.31% increase. See more dynamics on TAFM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 4.10% increase in three-month performance and has increased by 3.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 4.10% increase in three-month performance and has increased by 3.95% in a year.
TAFM fund flows account for 315.68 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TAFM invests in bonds. See more details in our Analysis section.
TAFM expense ratio is 0.28%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TAFM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TAFM technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TAFM shows the buy signal. See more of TAFM technicals for a more comprehensive analysis.
Today, TAFM technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TAFM shows the buy signal. See more of TAFM technicals for a more comprehensive analysis.
Yes, TAFM pays dividends to its holders with the dividend yield of 3.44%.
TAFM trades at a premium (0.26%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TAFM shares are issued by Equitable Holdings, Inc.
TAFM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 13, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.