NYM was created on 2025-11-10 by AB Funds. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 1302.74m in AUM and 408 holdings. NYM is actively managed, investing primarily in New York municipal bonds, whose interests are exempt from federal, state, and local income taxes. The portfolio seeks to maintain an effective duration of 3.5 to 7 years.