AB Active ETFs, Inc. AB Tax-Aware Short Duration Municipal ETF (TAFI)
ARCA ARCA Primary Summary
TAFI Chart
AB Active ETFs, Inc. AB Tax-Aware Short Duration Municipal ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 8,721 | $220,990.14 | $219,333.15 | -$1,656.99 | -0.75% |
| PAP Penny A. Phillips Journey Strategic Wealth LLC | 169,612 | $4.26M | $4.27M | $7,431.81 | 0.17% |
| WTM W. Travis McKinney HB Wealth Management LLC | 28,825 | $721,695.92 | $725,237 | $3,541.08 | 0.49% |
 Eugene Donato KENNEDY INVESTMENT GROUP | 51,003 | $1.28M | $1.28M | -$2,591.42 | -0.2% |
| AK Alisha Kamadia United Community Bank | 3,720 | $94,265 | $93,483.6 | -$781.4 | -0.83% |
AB Active ETFs, Inc. AB Tax-Aware Short Duration Municipal ETF (TAFI) FAQ
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AB Active ETFs, Inc. AB Tax-Aware Short Duration Municipal ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is an actively managed exchange-traded fund (ETF) that aims to achieve its investment objective by concentrating on a diversified portfolio of both municipal and taxable fixed-income securities across the United States. The primary focus of this fund is to invest in municipal securities that generate interest income exempt from federal income tax, while also considering investments in taxable fixed-income securities to diversify its portfolio. This strategy is designed to offer investors a balanced approach to fixed-income investing, with a significant portion of the portfolio dedicated to tax-advantaged municipal securities.
Products and Services
- Municipal Fixed-Income Securities
The fund allocates at least 80% of its total assets to municipal securities that produce interest exempt from federal income tax. These securities are issued by various municipal entities and are primarily used to finance public projects, such as schools, highways, and water treatment plants. While the interest earned is generally exempt from federal income taxes, it may still be subject to the federal alternative minimum tax (AMT) for certain investors. This focus offers a tax-efficient income stream for investors, particularly those in higher tax brackets seeking to minimize their federal income tax burden.
- Taxable Fixed-Income Securities
In addition to municipal securities, the fund diversifies its investment portfolio by incorporating taxable fixed-income securities. These may include corporate bonds, government securities, and other debt instruments that offer taxable interest income. This diversification allows the fund to potentially enhance its yield and provide investors with a mix of taxable and tax-exempt income sources. The inclusion of taxable fixed-income securities is strategic, aiming to balance risk and return while maintaining the fund's focus on tax-advantaged investing strategies.
