TAFI AB Tax-Aware Short Duration Municipal ETF

*Unless otherwise stated, data provided by FactSet.

TAFI Fund Description

TAFI is an actively managed ETF that primarily invests in investment-grade municipal bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than three years.

TAFI Factset Analytics Insight

TAFI aims to provide a moderate rate of after-tax return and income by actively investing in short-duration municipal bonds issued and guaranteed by the US and its territories. While focused on investment-grade AMT-free munis, the fund could opportunistically invest in US Treasurys, junk bonds, and taxable debt securities. As such, investors may incur more tax liability than from funds investing exclusively in municipal securities. The adviser selects securities based on various factors, including credit quality, maturity, diversification benefits, and the 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 dollar-weighted average duration is expected to be less than three years. The fund may also make use of derivatives.

PERFORMANCE [as of 09/26/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TAFI -- -- -- -- -- -- --
TAFI (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Municipal Short (1-5 Y) -1.68% -1.61% -4.94% -5.11% -0.35% 0.52% 0.88%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TAFI Summary Data

AB Funds
09/13/22
Open-Ended Fund
0.27%
$25.99M
$2.94M
0.12%
N/A

TAFI Portfolio Data

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TAFI Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Municipal Short (1-5 Y)

TAFI Portfolio Management

0.27%
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TAFI Tax Exposures

20.00% / 39.60%
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N/A
No

TAFI Fund Structure

Open-Ended Fund
No
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N/A
N/A
Low
None

TAFI Factset Analytics Block Liquidity

As of 09/27/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TAFI. TAFI is rated a N/A out of 5.

TAFI Tradability

124,651
$2.94M
11,372
$138.66K
0.12%
$0.03
0.18%
0.41% / 0.03%
None
100.00%
50,000
0.23
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$24.62
N/A

TAFI Sector/Industry Breakdown


TAFI
Segment Benchmark
62.85%
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12.01%
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10.36%
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7.77%
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3.60%
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3.41%
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TAFI Top 10 Holdings[View All]

5.93%
4.95%
4.79%
4.47%
4.35%
4.33%
4.18%
4.13%
4.02%
3.95%
45.11%

TAFI Performance Statistics

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TAFI Holdings Statistics

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TAFI Avg Life Maturity Distribution

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TAFI OAS Breakdown

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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.