AllianceBernsteinMuni National ShortTAFI · NYSE Arca

AB Tax-Aware Short Duration Municipal ETF (TAFI)

Compare Muni National Short ETFs Compare with others

Price: $24.86; —11 Sept 2026
Assets: $1.4B; Total net assets
Expense ratio: 0.27%; Category 0.54%
Yield: 3.12%; Trailing distributions

1Y return: 1.3%-0.2%; Category 1.4%
3Y CAGR: 3.4%+0.3%; Category 3.1%
5Y CAGR: —; Category 1.7%

Loading NAV history…

AB Tax-Aware Short Duration Municipal ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.6%	-0.5%	-0.1%	+0.6%	+1.3%	+3.4%	—	—	+3.0%
Muni National Short average	-0.4%	-0.1%	0.2%	1.0%	1.4%	3.1%	1.7%	1.5%	2.3%
Difference	-0.2%	-0.4%	-0.3%	-0.3%	-0.2%	+0.3%	—	—	+0.7%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

US government0.0%
AAA23.7%
AA32.0%
A24.3%
BBB10.0%
BB4.2%
B0.3%
Below B0.2%
Other5.5%

Asset mix

Bonds96.0%
Cash4.0%
Preferred shares0.0%

ETF details

Issuer: AllianceBernstein
Category: Fixed Income · Muni National Short
Ticker: TAFI
Exchange: NYSE Arca
Inception: 13 Sept 2022 (4.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.27% (category 0.54%)
Holdings turnover: 35% (category 59%)
Distribution yield: 3.12%
Beta, 3 years: 0.35
Total net assets: $1.4B
Average duration: 4.58 years
Average maturity: 10.23 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other muni national short ETFs

Other ETFs in the Muni National Short category.

Compare Muni National Short ETFs