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TAFL ETF · AB Tax-Aware Long Municipal ETF
The TAFL Exchange Traded Fund (ETF) is provided by AllianceBernstein. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.-0.64%
Last price
$25.02
1M perf.
-0.06%
1M flows
-€3.2M
AuM
€40M
E/R
0.28%
Rating
Not rated
ESG Consensus®
TAFL
$25.02
Performance & flows
Segment for quartile rank
December 11, 2025 → March 11, 2026
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TAFL
$25.01
+1.13%
Municipal Bonds
+1.08%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -0.06%  | +1.13%  | +3.80%  | N/A | N/A | -1.32% | +0.88% | +0.88% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/11/2026
$25.01
1D NAV change
-0.20%
Dividend policy
No. of holdings
107
Inception date
12/13/2023
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The Fund’s investment objective is to provide relative stability of principal and a moderate rate of after-tax return and income.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.13% | +3.80% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Countries
USA
99.92%
Sectors
Municipal
13.90%
Unavailable
86.10%
Diversification
Total weight of top 15 holdings out of 107
Top 15 holdings
Data as of January 31, 2026
US74448UAD00
US64990KJE47
US59333P7M43
US494791UA28
US79766DTP41
US010559AV49
US576000E334
US873519RA29
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US93978HF751
US88283PAN78
US23503CGJ09
US7092352L80
US592647PE51
US452252RA98
US896035DH24
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Enterprise
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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AllianceBernstein
AllianceBernstein ID Card
Number of funds
24
Total AuM
€14.73B
Expense ratio range
0.25% - 0.7%
Average expense ratio
0.4271%
Top 5 funds by AllianceBernstein
| AuM | ||
|---|---|---|
ILOW | AB International Low Volatility Equity ETF | €1.45B |
FWD | AB Disruptors ETF | €1.42B |
YEAR | AB Ultra Short Income ETF | €1.27B |
EMOP | AB Emerging Markets Opportunities ETF | €1.26B |
NYM | AB New York Intermediate Municipal ETF | €1.13B |
Frequently asked questions about TAFL
What does AB Tax-Aware Long Municipal ETF, TAFL, invest in?
TAFL is a Active ETF. This ETF provides exposure to US Mixed Ratings Municipal Bonds.
What is the Total Expense ratio (TER) of TAFL?
TAFL carries a total expense ratio (TER) of 0.28%, indicating the annual cost for holding the fund.
When was TAFL launched?
TAFL was introduced to the market on December 13, 2023. It trades on United States
Who is the ETF issuer of TAFL?
AB Tax-Aware Long Municipal ETF, TAFL, is provided by AllianceBernstein. Learn more about AllianceBernstein here.
What is the current assets under management (AUM) of TAFL?
TAFL oversees €40M in assets as of March 11, 2026.
How has TAFL performed lately?
Based on data from March 11, 2026, TAFL returned -0.06% over the past month, 1.13% over the last three months and 0.88% year-to-date.
What are the latest inflows or outflows for TAFL?
As of March 11, 2026, TAFL recorded net flows of -€3.2M over the last month and -€1.1M year-to-date.
Does TAFL distribute dividends?
TAFL follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 4.11%.
What are the main country or region exposures of TAFL?
As of January 31, 2026, TAFL has significant geographic allocations in USA.
In which sector or theme does TAFL invest in?
As of January 31, 2026, TAFL focuses largely on Municipal.
How many securities does TAFL hold and how diversified is it?
As of January 31, 2026, TAFL holds 107 positions in its portfolio, with 34.68% of assets concentrated in its top 15 holdings.
What are the main positions in TAFL?
As of January 31, 2026, TAFL top three holdings include US74448UAD00, US64990KJE47 and US59333P7M43.
What is the base currency of TAFL?
The base currency of TAFL is USD.
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