TAFMAB Tax-Aware Intermediate Municipal ETF
Seeks enhanced income and attractive risk-adjusted after-tax returns.
By AllianceBernstein · Launched 2023
Annual Cost
0.28%
#1,253 of 5,861 · low cost
Fund Size
$673M
#1,384 of 5,861 · large
Dividend YieldGoal
3.62%
Track Record
2 years
#3,252 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,565+5.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 7.6% of fund✓ well diversified
Alliance Bernstein
2.2%
City of New York NY
0.7%
California Community Choice Financing Authority
0.7%
County of Montgomery OH
0.7%
Town of Vail CO
0.6%
Black Belt Energy Gas District
0.6%
Commonwealth of Massachusetts
0.5%
Michigan State Hospital Finance Authority
0.5%
New York State Dormitory Authority
0.5%
Colorado State Education Loan Program
0.5%
Asset allocation
Bonds
92.1%
Cash
7.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.1%Low
Year-on-year price swings
Max drawdown
-4.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.7 years
Avg maturity
10.5 years
Credit ratings
US Government
0.0%
AAA
17.5%
AA
35.3%
A
26.4%
BBB
11.9%
BB
3.5%
B
0.7%
Below B
0.0%
Other
4.7%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks enhanced income and attractive risk-adjusted after-tax returns.
- Strategy
- Actively manages a national portfolio of municipal and taxable fixed-income securities, investing at least 80% in municipal securities exempt from federal income tax. Considers credit quality, maturity, and after-tax returns, while also using derivatives for hedging and exposure.
- Inception date
- December 12, 2023
- Fund family
- AllianceBernstein
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Data updated on 2026-08-04