TAFL Alliance Bernstein - AB Tax-Aware Long Municipal ETF
Quote as of Aug 26, 2026 18:41 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.75 | Day Range | 24.69 – 24.70 |
| 52-Week Range | 23.97 – 25.55 | Volume | 1.58K |
| Avg Volume | 14.85K | AUM | $66.7M (Aug 27, 2026) |
| Expense Ratio | 0.28% | Yield (TTM) | 4.15% |
| NAV | 24.70 | Premium/Discount | 0.00% indicative |
| Inception | Dec 12, 2023 | Holdings | 120 |
| Issuer | Alliance Bernstein | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 00039J871 | ISIN | US00039J8716 |
| Management | Not stated in source data | ||
About this ETF
This exchange-traded fund (ETF) is dynamically managed and focuses on investments in municipal bonds with extended maturities. Its core objective is to deliver both robust income and compelling after-tax returns, all while accounting for the associated risks.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.60% | -1.16% | -2.52% | -1.20% | +2.19% | — | — | — | -0.72% |
| Total return | -0.24% | -0.12% | -0.48% | +1.23% | +6.51% | — | — | — | +3.21% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.28% | Annual cost of a $10,000 investment | $28.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 162 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | PUBLIC FIN AUTH WI TOLL REVENU PUBTRN 12/65… | — | 2.49% | 1.55M | $1.6M |
| 2 | CHICAGO IL WTRWKS REVENUE CHIWTR 11/61 FIXED… | — | 2.39% | 1.50M | $1.5M |
| 3 | BS3DP98 IRS USD R V 12MUSCPI IS3DPA9… | — | 2.18% | 1.40M | $1.4M |
| 4 | CLACKAMAS WASHINGTON CNTYS O CLASCD 06/46… | — | 2.05% | 1.25M | $1.3M |
| 5 | ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS… | — | 1.96% | 1.26M | $1.3M |
| 6 | NEW YORK ST DORM AUTH ST PERSO NYSGEN 03/55… | — | 1.91% | 1.21M | $1.2M |
| 7 | SOUTH CAROLINA ST PUBLIC SVC A SCSUTL 12/54… | — | 1.88% | 1.18M | $1.2M |
| 8 | SS3CXV3 IRS USD R F 4.40450 IS3CXV3 CCPOIS | — | 1.83% | 1.20M | $1.2M |
| 9 | KING CNTY WA PUBLIC HOSP DIST KINMED 12/45… | — | 1.71% | 1.05M | $1.1M |
| 10 | CALIFORNIA ST MUNI FIN AUTH RE CASFIN 09/56… | — | 1.70% | 1.00M | $1.1M |
| 11 | LOS ANGELES CA DEPT OF WTR P LOSUTL 07/37… | — | 1.69% | 1.00M | $1.1M |
| 12 | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/35… | — | 1.68% | 1.00M | $1.1M |
| 13 | CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55… | — | 1.67% | 1.00M | $1.1M |
| 14 | LOS ANGELES CA DEPT ARPTS ARPT LOSAPT 05/43… | — | 1.66% | 1.00M | $1.1M |
| 15 | CUYAHOGA CNTY OH CUY 12/61 FIXED 5.5 | — | 1.66% | 1.00M | $1.1M |
| 16 | CHICAGO IL O HARE INTERNATIONA CHITRN 01/40… | — | 1.65% | 1.00M | $1.1M |
| 17 | DENVER CITY CNTY CO ARPT REV DENAPT 11/36… | — | 1.65% | 1.00M | $1.1M |
| 18 | SAN FRANCISCO CA CITY CNTY AR SFOAPT 05/35… | — | 1.65% | 1.00M | $1.1M |
| 19 | BLACK BELT ENERGY GAS DIST AL BBEUTL 06/31… | — | 1.63% | 1.00M | $1.0M |
| 20 | AUSTIN TX SPL TAX REVENUE ASTGEN 11/61 FIXED 5.5 | — | 1.63% | 1.00M | $1.0M |
| 21 | MASSACHUSETTS ST DEV FIN AGY R MASDEV 12/56… | — | 1.63% | 1.00M | $1.0M |
| 22 | MASSACHUSETTS ST SCH BLDG AUTH MASEDU 02/50… | — | 1.63% | 1.00M | $1.0M |
| 23 | HOUSTON TX HOTEL OCCUPANCY TAX HOUFAC 09/58… | — | 1.63% | 1.00M | $1.0M |
| 24 | MET WASHINGTON DC ARPTS AUTH A METAPT 10/55… | — | 1.63% | 1.00M | $1.0M |
| 25 | TACOMA WA ELEC SYS REVENUE TACPWR 01/50 FIXED… | — | 1.63% | 1.00M | $1.0M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 4.15% | Paid (last 12 months) | $1.0253 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 03, 2026 | Last payment | $0.0865 (Aug 06, 2026) |
| Growth 1Y | +0.23% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 03, 2026 | Aug 03, 2026 | Aug 06, 2026 | $0.0865 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 07, 2026 | $0.0854 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 04, 2026 | $0.0782 |
| May 01, 2026 | May 01, 2026 | May 06, 2026 | $0.0884 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 07, 2026 | $0.0866 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 05, 2026 | $0.0856 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 05, 2026 | $0.0837 |
| Dec 31, 2025 | Dec 31, 2025 | Jan 05, 2026 | $0.1039 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 04, 2025 | $0.0797 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 06, 2025 | $0.0844 |
| Oct 01, 2025 | Oct 01, 2025 | Oct 06, 2025 | $0.0806 |
| Sep 02, 2025 | Sep 02, 2025 | Sep 05, 2025 | $0.0823 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 4.00% / 5.10% | Sharpe 1Y / 3Y | 0.728 / -0.067 |
| Max drawdown 1Y / 3Y | -2.81% / -6.07% | Sortino 1Y | 1.06 |
| Beta vs S&P 500 (3Y) | 0.055 | Correlation vs S&P 500 (1Y) | 0.322 |
| Downside deviation 1Y | 2.75% | Risk-free rate used | 3.71% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 27, 2026. Formulas →
Liquidity
| Volume today | 1.58K | Average volume | 14.85K |
| AUM | $66.7M | Premium/Discount | 0.00% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $66.7M → $66.7M |
| 1 Week | $2.5M | +3.93% | $64.4M → $66.7M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for TAFL
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.