AB New York Intermediate Municipal ETF (NYM)

The AB New York Intermediate Municipal ETF (NYM) is an actively managed fund from AllianceBernstein. It seeks to provide income that is exempt from federal income tax and from New York State and New York City personal income taxes.

The fund invests mainly in investment-grade municipal bonds issued by New York State, its cities, and related public authorities, and it maintains an intermediate-term duration profile. AllianceBernstein's municipal team selects bonds based on its credit research and interest-rate views rather than tracking an index.