Seward & Kissel advises AB Active ETFs, Inc. managed by AllianceBernstein, a leading global investment management and research firm, regarding the launch of the following ETFs with shares listed for trading on the NYSE:
- AB Ultra Short Income ETF (Ticker: YEAR)
- AB Tax-Aware Short Duration Municipal ETF (Ticker: TAFI).
Partner Paul Miller stated that “We were excited to work with AB in establishing and registering these ETFs. The strategies of these ETFs seem particularly timely given recent market conditions and rising interest rates.”
For more information on the ETFs, please see the press release.