AllianceBernstein Expands ETF Portfolio with Two New Fixed Income Funds

AllianceBernstein has launched two new fixed income exchange-traded funds (ETFs): the AB New York Intermediate Municipal ETF and the AB Core Bond ETF. The funds aim to provide safety of principal and a moderate to high rate of current income. The launch expands AllianceBernstein's Active Fixed Income ETF lineup to $5.5 billion in AUM and reaffirms its position as a leader in the Fixed Income market.