Ab Tax Aware Short Etf Profile

TAFI Etf  USD 24.92  0.01  0.04%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Ab Tax is trading at 24.92 as of the 12th of June 2024. This is a 0.04 percent increase since the beginning of the trading day. The etf's open price was 24.91. Ab Tax has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Ab Tax Aware Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of March 2024 and ending today, the 12th of June 2024. Click here to learn more.
The investment seeks to provide relative stability of principal and a moderate rate of after-tax return and income. Ab Tax-Aware is traded on NYSEARCA Exchange in the United States. More on Ab Tax Aware Short

Moving together with TAFI Etf

  0.76SUB iShares Short TermPairCorr
  0.7DFNM Dimensional ETF TrustPairCorr
  0.83FSMB First Trust ShortPairCorr

Moving against TAFI Etf

  0.48FNGD MicroSectors FANG Index Downward RallyPairCorr

TAFI Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, Broad Debt ETFs, Muni National Short, AllianceBernstein (View all Sectors)
IssuerAllianceBernstein
Inception Date2022-09-13
Entity TypeRegulated Investment Company
Asset Under Management509.94 Million
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Debt
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorAllianceBernstein L.P.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerTerrance T. Hults, Matthew J. Norton, Andrew D. Potter
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents388
Market MakerJane Street
Total Expense0.27
Management Fee0.27
200 Day M A24.918
Country NameUSA
50 Day M A24.9453
CodeTAFI
Updated At11th of June 2024
NameAb Tax-Aware Short Duration ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG0184H3130
TypeETF
Ab Tax Aware Short [TAFI] is traded in USA and was established 2022-09-13. The fund is listed under Muni National Short category and is part of AllianceBernstein family. The entity is thematically classified as Municipals ETFs. Ab Tax Aware at this time have 25.86 M in assets.
Check Ab Tax Probability Of Bankruptcy

Ab Tax Aware Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ab Tax market risk premium is the additional return an investor will receive from holding Ab Tax long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ab Tax. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ab Tax's alpha and beta are two of the key measurements used to evaluate Ab Tax's performance over the market, the standard measures of volatility play an important role as well.

Ab Tax Against Markets

Additional Information and Resources on Investing in TAFI Etf

When determining whether Ab Tax Aware offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ab Tax's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ab Tax Aware Short Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ab Tax Aware Short Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ab Tax Aware Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Ab Tax Aware is measured differently than its book value, which is the value of TAFI that is recorded on the company's balance sheet. Investors also form their own opinion of Ab Tax's value that differs from its market value or its book value, called intrinsic value, which is Ab Tax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ab Tax's market value can be influenced by many factors that don't directly affect Ab Tax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ab Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Tax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.