# AB TaxAware Intermediate Municipal ETF (TAFM) — Overview

TAFM · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/tafm

## Price

Last close $24.23 on Oct 15, 2026. 52-week range $23.79 – $25.92.

## Fund profile

TAFM is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 4 to 7 years.

| Metric | Value |
| --- | --- |
| Issuer | AllianceBernstein L.P. |
| Industry | — |
| Inception | Dec 12, 2023 |
| Assets under management | $1.1B |
| Expense ratio | 0.28% |
| Net asset value | $24.06 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is AB TaxAware Intermediate Municipal ETF (TAFM)?

TAFM is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 4 to 7 years.

### What is TAFM's expense ratio?

AB TaxAware Intermediate Municipal ETF charges an annual expense ratio of 0.28%. The fund is issued by AllianceBernstein L.P..

### How large is TAFM?

AB TaxAware Intermediate Municipal ETF manages $1.1B in assets and has traded since Dec 12, 2023.

### How do I buy shares of AB TaxAware Intermediate Municipal ETF (TAFM)?

TAFM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).