Key stats
About AB California Intermediate Municipal ETF
Home page
Inception date
Oct 3, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AllianceBernstein LP
Distributor
Foreside Fund Services LLC
ISIN
US00039J7726
CAMs investment objective is to provide safety of principal and maximize total return, after accounting for federal and state taxes for California residents. The fund invests in municipal securities exempt from California state income tax. Most holdings are rated A or better, though up to 20% of assets may be in junk bonds. The fund uses derivatives and seeks to maintain an effective duration between 3.5 and 7 years, adjusting based on interest rate forecasts. Security selection considers credit quality, interest rate sensitivity, and risk/return impact. The active oversight allows underlying holdings to be adjusted along the yield curve and credit spectrum. The fund aims to manage risk and capitalize on opportunities in the market. As a non-diversified fund, it may concentrate assets in fewer issuers. Interest from its holdings is generally exempt from federal and California state personal income tax, though some may be subject to the alternative minimum tax. The ETF was launched through the conversion of the AB Intermediate California Municipal Portfolio Mutual Fund, bringing $1.09 billion to the ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal95.04%
Securitized3.15%
Cash1.81%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CAM invests in bonds. The fund's major sectors are Municipal, with 95.04% stocks, and Securitized, with 3.15% of the basket. The assets are mostly located in the N/A region.
CAM assets under management is 1.10 B USD. It's risen 1.16% over the last month.
CAM fund flows account for 6.25 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CAM doesn't pay dividends to its holders.
CAM shares are issued by AllianceBernstein LP under the brand AB Funds. The ETF was launched on Oct 3, 2025, and its management style is Active.
CAM expense ratio is 0.27% meaning you'd have to pay 0.27% of your investment to help manage the fund.
CAM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CAM invests in bonds.
CAM trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.