AllianceBernstein has recently announced the launch of two new actively managed fixed income ETFs. The AB Ultra-Short Income ETF (YEAR) and the AB Tax-Aware Short Duration Municipal ETF (TAFI) are both available for trade on the NYSE. YEAR looks to offer investors high yields keeping capital preservation in mind and TAFI plans to offer exposure to short maturity bonds as well as treasuries and taxable bonds in an effort to maximize after-tax income.
ETF Newz Says:
The launch of these ETFs is another step in AllianceBernstein’s plan to create a global ETF business.
