TAFI AB Tax-Aware Short Duration Municipal ETF
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.
TAFI Summary Data
TAFI Portfolio Data
TAFI Index Data
TAFI Portfolio Management
TAFI Tax Exposures
TAFI Fund Structure
TAFI Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
TAFI Top 10 Holdings[View All]
TAFI Performance Statistics
TAFI Holdings Statistics
TAFI Avg Life Maturity Distribution
TAFI OAS Breakdown
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.