---
ticker: "TAFM"
name: "Alliance Bernstein - AB Tax-Aware Intermediate Municipal ETF"
url: "https://etf.net/etf/TAFM"
grade: "B"
score: 69
graded_at: "2026-10-12"
category: "Intermediate Municipal Bonds"
category_rank: "7 of 20"
methodology: "https://etf.net/methodology"
---

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

Grade **B**, Score 69 of 100. Rank 7 of 20 in Intermediate Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 68 | 6 of 20 |
| Mission | 96 | 9 of 19 |
| Risk | 43 | 14 of 20 |
| Tradability | 60 | 6 of 20 |
| Holdings | 57 | 10 of 20 |
| Durability | 66 | 6 of 20 |

## Top holdings

The fund holds 768 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Alliancebernstein Govt Stif Ssc Fund 64BA Agis 587 | 4.00% |
| 2 | — | Us Dollar | 2.47% |
| 3 | — | SS3GAJ2 Irs USD R F 4.74600 IS3GAJ2 Ccpois | 2.01% |
| 4 | — | BS39GZ9 Irs USD R V 12MUSCPI IS39H01 Ccpinflationzero | 1.69% |
| 5 | — | SS34364 Irs USD R F 3.65950 IS34364 Ccpois | 1.20% |
| 6 | — | BS3DP98 Irs USD R V 12MUSCPI IS3DPA9 Ccpinflationzero | 1.15% |
| 7 | — | Public Fin Auth Wi Toll Revenu Pubtrn 06/60 Fixed 6.5 | 0.85% |
| 8 | — | Alabama St Toll Road Bridge Atrtrn 10/32 Fixed 5 | 0.72% |
| 9 | — | Alabama St Toll Road Bridge Atrtrn 01/56 Fixed 6 | 0.71% |
| 10 | — | Harris Cnty Tx Cultural Edu Fa Haredu 12/33 Fixed 5 | 0.65% |
| 11 | — | SS3CWX8 Irs USD R F 4.02800 IS3CWX8 Ccpois | 0.65% |
| 12 | — | Los Angeles Ca Dept Arpts Arpt Losapt 05/33 Fixed 5 | 0.59% |
| 13 | — | Utah St Transit Auth Sales Tax Utstrn 12/31 Fixed 5 | 0.59% |
| 14 | — | New York Ny Nyc 12/41 Fixed 5 | 0.56% |
| 15 | — | Wisconsin St Wis 05/36 Fixed 5 | 0.56% |
| 16 | — | California St Cas 08/39 Fixed 5 | 0.54% |
| 17 | — | New York St Transprtn Dev Corp Nyttrn 06/54 Fixed 5.5 | 0.54% |
| 18 | — | California Cmnty Choice Fing A Ccedev 12/35 Fixed 5 | 0.54% |
| 19 | — | Chicago Il O Hare Internationa Chitrn 07/48 Fixed 5 | 0.51% |
| 20 | — | SS3DRD6 Irs USD R F 3.92900 IS3DRD6 Ccpois | 0.50% |
| 21 | — | Michigan St Hosp Fin Auth Mismed 11/32 Fixed 5 | 0.50% |
| 22 | — | Texas St Transprtn Commission Txstrn 08/36 Fixed 5 | 0.50% |
| 23 | — | New Jersey St Transprtn Trust Njstrn 06/42 Fixed 5 | 0.50% |
| 24 | — | Pefa Inc Ia Gas Proj Revenue Pefutl 04/35 Fixed 5 | 0.49% |
| 25 | — | Lower Colorado River Tx Auth T Lwcgen 05/48 Fixed 5.5 | 0.49% |
| 26 | — | Energy S E Al A Cooperative Di Esdpwr 11/33 Fixed 5 | 0.49% |
| 27 | — | Univ Hosps Clinics Auth Wi Unvmed 04/54 Adjustable Var | 0.48% |
| 28 | — | Idaho St Ids 06/27 Fixed 4 | 0.48% |
| 29 | — | New York City Ny Transitional Nycgen 11/39 Fixed 5 | 0.48% |
| 30 | — | Los Angeles Ca Dept Arpts Arpt Losapt 05/44 Fixed 5.25 | 0.48% |

Source: etf.net, https://etf.net/etf/TAFM. Please cite the page URL.