TAFM - Alliance Bernstein - AB Tax-Aware Intermediate Municipal ETF

An actively managed intermediate-duration municipal bond ETF that seeks to provide enhanced income and attractive risk-adjusted after-tax returns

Sector
Financial Services
Industry
Asset Management
Market Cap
$358.4M
Beta
0.18
52-Week Range
24.51-25.93
Dividend Yield
$0.94
IPO Date
Dec 13, 2023
Exchange
AMEX

TAFM Options Snapshot

Options pricing data for TAFM is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The TAFM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked TAFM overview questions

What is TAFM?
TAFM is the ticker symbol for Alliance Bernstein - AB Tax-Aware Intermediate Municipal ETF, an listed exchange-traded fund. An actively managed intermediate-duration municipal bond ETF that seeks to provide enhanced income and attractive risk-adjusted after-tax returns Listed on AMEX. TAFM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are TAFM's key statistics?
Alliance Bernstein - AB Tax-Aware Intermediate Municipal ETF (TAFM) carries a market capitalization of $358.4M, 52-week range of 24.51-25.93. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does TAFM belong to?
Alliance Bernstein - AB Tax-Aware Intermediate Municipal ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare TAFM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the TAFM data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for TAFM, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.