AllianceBernstein Launches First Active ETFs

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AB Intrinsic Value – ALLIANCEBERNSTEIN($NYSE:AB): AllianceBernstein Holding L.P. and investment management and research firm AllianceBernstein L.P. launched its first set of active exchange-traded funds, or ETFs, on NYSE. The two ETFs are AB Ultra Short Income ETF and AB Tax-Aware Short Duration Municipal ETF. The AB Ultra Short Income ETF seeks to provide investors with exposure to a portfolio of fixed-income securities with a short duration. The AB Tax-Aware Short Duration Municipal ETF seeks to provide investors with exposure to a portfolio of municipal bonds with a short duration and a tax-aware strategy.

Market Price

On Wednesday, AllianceBernstein Holding L.P. launched its first active exchange-traded funds . The launch of these new ETFs marks the firm’s entry into the active ETF space. The new ETFs are expected to provide investors with exposure to global equity markets with the potential for lower costs and greater flexibility than traditional index-tracking ETFs.

VI Analysis – AB Intrinsic Value

Company’s fundamentals reflect its long term potential, below analysis on ALLIANCEBERNSTEIN HOLDING L.P are made simple by VI app. The fair value of ALLIANCEBERNSTEIN HOLDING L.P share is around $44.3, calculated by VI Line. Now ALLIANCEBERNSTEIN HOLDING L.P stock is traded at $42.4, a fair price undervalued by 4%.

Summary

AllianceBernstein Holding L.P. is a publicly traded investment management firm. The fund is managed by a team of seven investment professionals led by Co-Chief Investment Officers Scott Berg and Rich Bernstein. The fund’s objective is to provide long-term capital growth by investing in a diversified portfolio of large- and mid-cap stocks of companies that the investment team believes are undervalued and have the potential to generate above-average returns. Investing in AllianceBernstein Holding L.P. The fund is managed by a team of seven investment professionals led by Co-Chief Investment Officers Scott Berg and Rich Bernstein with the objective of providing long-term capital growth by investing in a diversified portfolio of large- and mid-cap stocks of companies that the investment team believes are undervalued and have the potential to generate above-average returns.