AB Converts Short Duration Mutual Funds Into ETFs
On Monday, AllianceBernstein completed the conversion of two of its actively managed mutual funds into ETFs. The AB Short Duration Income ETF (NYSE Arca: SDFI) and AB Short Duration High Yield ETF (NYSE Arca: SYFI) have expense ratios of 0.30% and 0.40%, respectively. “Today’s launch demonstrates AB’s robust global fixed income business, adding additional building [...]
The post AB Converts Short Duration Mutual Funds Into ETFs appeared first on ETF Trends.
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