TAFL vs TFI
AB Tax-Aware Long Municipal ETF compared with State Street SPDR Nuveen ICE Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.
TAFL
AB Tax-Aware Long Municipal ETF
TTM yield · Monthly
TFI
State Street SPDR Nuveen ICE Municipal Bond ETF
TTM yield · Monthly
Quick take
- TAFL yields more today: 4.20% vs 3.64% (forward).
- Both pay every month.
- Over the last year TAFL delivered the higher total return: +4.9% vs +2.5% (price change plus payouts).
- TFI is cheaper to own: 0.23% vs 0.28% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TAFL | TFI |
|---|---|---|
| Share price | $24.34 | $44.22 |
| TTM yield | 4.20% | 3.64% |
| Forward yield | 4.20% | 3.64% |
| Annual payout per share | $1.022 | $1.61 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.28% | 0.23% |
| 1-year payout growth | -0.3% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | — |
| Payout consistency (last 12) | 92/100 | 99/100 |
| 1-year total return | +4.9% | +2.5% |
| 1-year price return | +0.6% | -1.1% |
| Size (market cap / AUM) | 67.6M | 3.1B |
| Years paying | 2.7 | 18.9 |
| Sector / category | Muni National Long | Muni National Long |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| TAFL | TFI | |
|---|---|---|
| Shares | 410.8 | 226.1 |
| Income per year | $420 | $364 |
| Income per month (avg) | $35 | $30 |
At forward yields, before taxes. Model TAFL · Model TFI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| TAFL Oct 1, 2026 | Oct 15, 2026 | $0.0852 | Est. |
| TAFL Oct 31, 2026 | Nov 14, 2026 | $0.0852 | Est. |
| TAFL Nov 30, 2026 | Dec 14, 2026 | $0.0852 | Est. |
| TFI Oct 1, 2026 | Oct 15, 2026 | $0.1342 | Est. |
| TFI Oct 31, 2026 | Nov 14, 2026 | $0.1342 | Est. |
| TFI Nov 30, 2026 | Dec 14, 2026 | $0.1342 | Est. |
Annual payouts per share
TAFLTFI
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, TAFL or TFI?
TAFL currently has the higher trailing yield: TAFL yields 4.20% and TFI yields 3.64%. Yield changes daily with price, so check the live figures above.
How often do TAFL and TFI pay?
TAFL pays every month and TFI pays every month. TAFL's next ex-date is Oct 1, 2026 and TFI's is Oct 1, 2026.
Is TAFL or TFI better for income?
It depends on what you are optimising for. TAFL and TFI differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.