AB New York Intermediate Municipal ETF (NYM)

AB New York Intermediate Municipal ETF (NYM) is an exchange-traded fund in the Muni Single State Short category. It has $1.30B in assets, an expense ratio of 0.27% and a 2.75% dividend yield. The fund invests at least 80% of its net assets in a portfolio of municipal securities issued by the State of New York or its political subdivisions, or otherwise exempt from New York state income tax. It invests at least 80% of its total assets in municipal securities rated A or better by NRSROs (or, if unrated, determined by AllianceBernstein L.P., the Portfolio’s investment manager (the “Manager”), to be of comparable quality) and comparably rated municipal notes. The fund is non-diversified.