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TAFM ETF · AB Tax-Aware Intermediate Municipal ETF
The TAFM 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 Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.+0.58%
Last price
$25.62
1M perf.
+0.66%
1M flows
+€51M
AuM
€595M
TER
0.28%
Rating
Not rated
TAFM
$25.62
Performance & flows
Segment for quartile rank
April 6, 2026 → July 3, 2026
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TAFM
$25.56
+1.97%
Municipal Bonds
+1.71%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.66%  | +1.96% | +6.93% | N/A | N/A | +0.03% | +0.03% | +2.44%  | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
7/3/2026
$25.57
1D NAV change
N/A
Dividend policy
No. of holdings
564
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 | +1.96% | +6.93% | 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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Exposure
Countries
USA
11.75%
Unavailable
88.26%
Sectors
Municipal
11.75%
Unavailable
88.26%
Diversification
Total weight of top 15 holdings out of 564
Top 15 holdings
Data as of May 31, 2026
Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B)
US115067MT41
US74440DGL29
US16772PEP71
US74448UAA60
US13013JEB89
US91878DAX75
US650116JQ04
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US31350AEC80
US09182TEC71
US442349HW90
US57582TCN00
US59465HXD33
US19672MDH88
US64990F6J81
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Sustainability
Integrates ESG criteria
No
SDG
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Issuer
AllianceBernstein
AllianceBernstein ID Card
Number of funds
30
Total AuM
€17.8B
Expense ratio range
0.25% - 0.78%
Average expense ratio
0.428%
Top 5 funds by AllianceBernstein
| AuM | ||
|---|---|---|
FWD | AB Disruptors ETF | €2.6B |
EMOP | AB Emerging Markets Opportunities ETF | €1.82B |
ILOW | AB International Low Volatility Equity ETF | €1.59B |
YEAR | AB Ultra Short Income ETF | €1.27B |
TAFI | AB Tax-Aware Short Duration Municipal ETF | €1.18B |
Frequently asked questions about TAFM
What does AB Tax-Aware Intermediate Municipal ETF, TAFM, invest in?
TAFM is a Active ETF. This ETF provides exposure to US Mixed Ratings Municipal Bonds.
What is the Total Expense ratio (TER) of TAFM?
TAFM carries a total expense ratio (TER) of 0.28%, indicating the annual cost for holding the fund.
When was TAFM launched?
TAFM was introduced to the market on December 13, 2023. It trades on United States
Who is the ETF issuer of TAFM?
AB Tax-Aware Intermediate Municipal ETF, TAFM, is provided by AllianceBernstein. Learn more about AllianceBernstein here.
What is the current assets under management (AUM) of TAFM?
TAFM oversees €595M in assets as of July 3, 2026.
How has TAFM performed lately?
Based on data from July 3, 2026, TAFM returned 0.66% over the past month, 1.96% over the last three months and 2.44% year-to-date.
What are the latest inflows or outflows for TAFM?
As of July 3, 2026, TAFM recorded net flows of +€51M over the last month and +€193M year-to-date.
Does TAFM distribute dividends?
TAFM follows a distributing dividend policy, meaning it pays out income to investors. As of July 3, 2026, its 12-month trailing yield was 3.62%.
What are the main country or region exposures of TAFM?
As of May 31, 2026, TAFM has significant geographic allocations in USA.
In which sector or theme does TAFM invest in?
As of May 31, 2026, TAFM focuses largely on Municipal.
How many securities does TAFM hold and how diversified is it?
As of May 31, 2026, TAFM holds 564 positions in its portfolio, with 8.05% of assets concentrated in its top 15 holdings.
What are the main positions in TAFM?
As of May 31, 2026, TAFM top three holdings include Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B), US115067MT41 and US74440DGL29.
What is the base currency of TAFM?
The base currency of TAFM is USD.
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