AB Active ETFs Inc. - AB New York Intermediate Municipal ETF
NYM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 501 Commerce Street Nashville TN United States of America 37203
- IPO Date
- Nov 10, 2025
- CIK
- 0001496608
- Similar Companies
- Business
- AB Active ETFs Inc. – AB New York Intermediate Municipal ETF is an actively managed, non-diversified exchange-traded fund listed on NYSE Arca under the ticker NYM. The Fund seeks to provide safety of principal and maximize total return after consideration of federal, New York State and local taxes for New York residents. It invests principally in municipal securities issued by the State of New York, its political subdivisions or issuers whose interest is exempt from New York State income tax; maintains at least 80% of assets in qualifying New York municipal bonds; may allocate up to 20% to other fixed-income securities; and targets an intermediate duration range of approximately 3.5 to 7.0 years. Its investment process combines active yield-curve positioning, credit selection, quantitative analysis, fundamental municipal-bond research, trading and liquidity data, tax-aware portfolio management and tax-loss harvesting. The Fund primarily serves taxable individual investors, financial advisers, wealth-management clients and institutions seeking New York-focused, tax-efficient municipal-income exposure. AllianceBernstein L.P. serves as investment manager, and the Fund is part of AllianceBernstein’s active fixed-income ETF platform and broader municipal-bond investment business. The Fund previously operated as the AB Intermediate New York Municipal Portfolio, an open-end mutual fund, and converted to the ETF structure before the close of business on November 7, 2025; it commenced trading as NYM on the New York Stock Exchange on November 10, 2025, alongside the launch of the AB Core Bond ETF. The conversion preserved a substantially similar investment objective, strategies and risk profile while expanding AllianceBernstein’s actively managed fixed-income ETF offering. AllianceBernstein, the Fund’s sponsor and manager, is a global investment-management firm serving institutional, retail and private-wealth clients in major world markets and is headquartered in Nashville, Tennessee.