AB Active ETFs Inc. - AB New York Intermediate Municipal ETF (NYM) Dividend Yield, History & Forecast

AB Active ETFs Inc. - AB New York Intermediate Municipal ETF (NYM) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $1.30B.

NYM fund composition

NYM holds 408 positions. It charges an expense ratio of 0.27%, and manages $1.29B.

NYM runs a derivative strategy and reports no conventional equity constituents, so there is no holdings breakdown to show. Its exposure comes from options positions rather than shares in underlying companies.

Frequently Asked Questions about AB Active ETFs Inc. - AB New York Intermediate Municipal ETF (NYM)

What does AB Active ETFs Inc. - AB New York Intermediate Municipal ETF invest in?
NYM actively selects municipal bonds issued by the state of New York, whose interests are generally exempt from federal, state, and local income taxes. It includes municipal securities used in the general financing of state and local governments, possessions, and territories of the US and the District of Columbia, or financing for specific projects or public facilities. The fund may also invest in revenue bonds and obligations that are economically related. The adviser selects constituents by assessing risk and return characteristics of the bond, considering factors such as credit quality and...