Alliance Bernstein - AB Tax-Aware Short Duration Municipal ETFTAFI

Alliance BernsteinBonds & CashMunicipal#232 of 786 by YTD

$24.99

+0.2% last session

+1.7% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 31, 2023 – Nov 5, 2026TAFIS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	+2.1%	+0.4%	+1.7%	+2.1%	+12.7%	—	+13.8%
Peer average	+0.3%	+4.1%	−0.5%	+0.9%	+1.2%	+15.4%	+2.9%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $1.5B
Expense ratio: 0.27%
Distribution yield: 3.1%
NAV: $24.95
Volume: 728K
Avg. volume 30D: 978K
High today: $24.99
Low today: $24.95
Previous close: $24.94
52-week high: $25.65
52-week low: $24.47
Our risk indicator: 2/5

TAFI in One Breath

TAFI Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.7%$59.8M

#2MYMGSPDR+2.4%$8.6M

#3TAXTFlexShares+2.4%$198M

#4SMMUPIMCO+2.3%$1.3B

#5SHYMiShares+2.2%$929M

#6FTMSFranklin Templeton+2.1%$266M

#7MUNAFlexShares+2.0%$8.0M

#8CGSMCapital Group+2.0%$1.7B

#28TAFIAlliance Bernstein+1.7%$1.5B

End-of-day Nov 6, 2026 · 141 Municipal ETFs by YTD

$10,000 in TAFI

$10,000 in TAFI became

$11,380

In the S&P 500 (VOO)

$19,711

Total return, dividends in · Sep 14, 2022 – Nov 5, 2026 · S&P 500 uses VOO

TAFI’s Top Holdings

Today

ALLIANCEBERNSTAlliancebernstein Govt Stif Ssc Fund 64ba Agis 5875.8%ALABAMA ST T1.7%PENNSYLVANIA1.4%ARIZONA ST H1.2%QUINCY MA QU1.0%NEW YORK NY 0.9%TENDER OPTIO0.9%BLACK BELT E0.8%CUMBERLAND C0.8%CALIFORNIA S0.8%COLORADO ST 0.7%NET OTHER AS0.7%TEXAS TRANSP0.7%ILLINOIS ST 0.7%REVERE MA RE0.7%MIAMI DADE C0.7%PUERTO RICO 0.6%CALIFORNIA C0.6%PUERTO RICO 0.6%MARYLAND ST 0.5%S E ALABAMA 0.5%ORCHARD PARK0.5%

Alliance Bernstein TAFI · 681 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 2026

What TAFI Holds

Today

All holdings100.0%

ALLIANCEBE 5.8 · ALABAMA ST 1.7 · PENNSYLVAN 1.4 · ARIZONA ST 1.2 · QUINCY MA 1.0 · NEW YORK N · TENDER OPT

Alliance Bernstein TAFI · share of the fund · as of Nov 5, 2026

Alliancebernstein’s Share of TAFI

Today

5.8%

$58 of every $1,000 in TAFI is Alliancebernstein

Alliancebernstein held by TAFI

$89.7M

Alliance Bernstein TAFI · each square = $10 of $1,000 · as of Nov 5, 2026

TAFI’s Share of Municipal ETFs

Today

0.6%

of the $245B in 166 Municipal ETFs

TAFI$1.5B0.6%

MUB$54.9B22.4%

VTEB$49.6B20.2%

163 others$139B56.8%

Municipal ETF AUM · Nov 6, 2026

TAFI Fee per $100 vs Peers

Today

$0.27a year
per $100

$27 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

TAFI$0.27

CGMU$0.27

Expense ratio · Municipal peers · Nov 6, 2026

Inside TAFI

681 holdings · as of Nov 5, 2026

TAFI

Alliance Bernstein - AB Tax-Aware Short Duration Municipal ETF

Today

All holdings100.0%Alliancebe5.8%667 more holdings81.8% of the fund

All holdings100.0%675 more holdings87.9% of the fund

#	Ticker	Company	Weight ▼
1	—	Alliancebernstein Govt Stif SSC Fund 64ba Agis 587	5.85%
2	—	Alabama ST Toll Road Bridge Atrtrn 10/32 Fixed 5	1.72%
3	—	Pennsylvania ST Econ DEV Fing Pasmed 05/53 Adjustable VAR	1.36%
4	—	Arizona ST Hlth Facs Auth Azsmed 01/46 Adjustable VAR	1.24%
5	—	Quincy MA QUI 08/27 Fixed 5	1.03%
6	—	NEW York NY NYC 02/32 Fixed 5	0.93%
7	—	Tender Option Bond Trust Recei Tengen 07/30 Adjustable VAR	0.91%
8	—	Black Belt Energy GAS Dist AL Bbeutl 12/31 Floating VAR	0.81%
9	—	Cumberland Cnty NC Indl Facs Cumpol 12/27 Adjustable VAR	0.80%
10	—	California ST Public WKS BRD L Casfac 09/32 Fixed 5	0.76%

See all 712 holdings ↓

Alliance Bernstein TAFI · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 21.8%

All TAFI Holdings

712 holdings · as of Nov 5, 2026

TAFI

TAFI’s Holdings

Today

#
1	—Alliancebernstein Govt Stif SSC Fund 64ba Agis 587	5.85%	$584.79	89.7M	$89.7M
2	—Alabama ST Toll Road Bridge Atrtrn 10/32 Fixed 5	1.72%	$171.83	24.8M	$26.3M
3	—Pennsylvania ST Econ DEV Fing Pasmed 05/53 Adjustable VAR	1.36%	$135.66	20.8M	$20.8M
4	—Arizona ST Hlth Facs Auth Azsmed 01/46 Adjustable VAR	1.24%	$124.38	19.1M	$19.1M
5	—Quincy MA QUI 08/27 Fixed 5	1.03%	$102.80	15.5M	$15.8M
6	—NEW York NY NYC 02/32 Fixed 5	0.93%	$92.60	13.1M	$14.2M
7	—Tender Option Bond Trust Recei Tengen 07/30 Adjustable VAR	0.91%	$91.31	14.0M	$14.0M
8	—Black Belt Energy GAS Dist AL Bbeutl 12/31 Floating VAR	0.81%	$80.90	12.5M	$12.4M
9	—Cumberland Cnty NC Indl Facs Cumpol 12/27 Adjustable VAR	0.80%	$79.51	12.2M	$12.2M
10	—California ST Public WKS BRD L Casfac 09/32 Fixed 5	0.76%	$75.68	10.5M	$11.6M
11	—Colorado ST Hlth Facs Auth REV Cosmed 09/32 Fixed 5	0.72%	$72.45	10.4M	$11.1M
12	—NET Other Assets	0.68%	$67.98	0	$10.4M
13	—Texas Transprtn Commission ST Txstrn 04/32 Fixed 5	0.68%	$67.92	9.5M	$10.4M
14	—Illinois ST FIN Auth Revenue Ilsgen 11/37 Adjustable VAR	0.68%	$67.86	10.4M	$10.4M
15	—Revere MA REV 07/27 Fixed 4	0.66%	$65.73	10.0M	$10.1M

Alliance Bernstein TAFI · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

TAFI

Alliance Bernstein - AB Tax-Aware Short Duration Municipal ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.5%	+0.9%	$54.9B
VTEB	VanguardRead Desk	0.03%	+0.6%	+0.9%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.4%	$13.4B
JMUB	J.P. MorganRead Desk	0.18%	+0.8%	+1.1%	$9.1B
CGMU	Capital GroupRead Desk	0.27%	+1.1%	+1.7%	$7.6B
TAFI	Alliance BernsteinThis fundRead Desk	0.27%	+1.7%	+2.1%	$1.5B

Municipal peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put TAFI head to head with MUB →

MUB vs TAFI

YTD

MUBiShares · MunicipalTAFIAlliance Bernstein · Municipal

Year to date

+0.5%

+1.7%

TAFI wins+1.2 pts

Past year

+0.9%

+2.1%

TAFI wins+1.2 pts

Fee

0.05%

0.27%

MUB winslower fee

Yield

3.3%

3.1%

MUB wins+0.1 pts

AUM

$54.9B

$1.5B

MUB35.8× more

2–2level

iShares MUB and Alliance Bernstein TAFI · year-to-date · as of Nov 6, 2026 · AUM not scored

TAFI vs VOO

YTD

TAFI · Alliance Bernstein - AB Tax-Aware Short Duration Municipal

+1.7%

VOO · S&P 500

+8.4%

Gap

6.7 pts

Alliance Bernstein TAFI and Vanguard VOO · YTD total return · as of Nov 6, 2026

TAFI vs Its Peer Average

YTD

TAFIAvsBPeer average

1D+0.2%+0.3%

1M+2.1%+4.1%

3M+0.4%−0.5%

YTD+1.7%+0.9%

1Y+2.1%+1.2%

3Y+12.7%+15.4%

5Y[…]+2.9%

3–3level

165 Municipal peers · each row scaled to its leader

The Details

TAFI

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y1.72%

Deepest drop · 1Y−2.4%

Lowest point · 5Y−1.9%

52-week range

$24.99

$24.47−2.6% from the high$25.65

Alliance Bernstein TAFI · past-year price moves · as of Nov 6, 2026

TAFI

Fund Facts

Today

2022launched Sep 13

Tracks[…]

Exchange · CUSIPAMEX · 00039J202

StructureETF

Leverage1x

Cost on $10,000$27 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Alliance Bernstein TAFI · fund facts · as of Nov 6, 2026

TAFI

Payouts by Year

$0.0640per share, Nov 2026

Distribution yield3.1%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 5, 2026

12 payouts added up$0.78 a share

Alliance Bernstein TAFI · distributions by ex-date · 2022–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$24.95

Premium / discount[…]

Median spread · 30D[…]

Volume today728K

Average volume · 30D978K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.27%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$27.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 5, 2026	$0.0640
Oct 1, 2026	Oct 6, 2026	$0.0642
Sep 1, 2026	Sep 4, 2026	$0.0639
Aug 3, 2026	Aug 6, 2026	$0.0652
Jul 1, 2026	Jul 7, 2026	$0.0623
Jun 1, 2026	Jun 4, 2026	$0.0634
May 1, 2026	May 6, 2026	$0.0665
Apr 1, 2026	Apr 7, 2026	$0.0643
Mar 2, 2026	Mar 5, 2026	$0.0626
Feb 2, 2026	Feb 5, 2026	$0.0624
Dec 31, 2025	Jan 5, 2026	$0.0773
Dec 1, 2025	Dec 4, 2025	$0.0640

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