AB California Intermediate Municipal ETF (CAM) Price & Chart

AB California Intermediate Municipal ETF

The AB California Intermediate Municipal ETF (ticker: CAM) is an actively managed exchange-traded fund designed to provide investors with exposure to the California municipal bond market. Positioned in the Government, Local Authority/Municipal category, CAM specifically focuses on broad credit opportunities within the intermediate-term niche. The fund tactically manages its portfolio to balance income generation with interest-rate risk, typically maintaining an intermediate duration. This strategic approach allows the fund to adapt to changing market conditions while seeking to maximize returns. Notably, up to 20% of CAM's holdings may be rated below investment grade, offering the potential for enhanced yield, albeit with higher risk. Ideal for investors seeking tax-advantaged income, the ETF provides a targeted investment vehicle for those interested in California's municipal bonds, delivering a blend of stability and growth potential within the municipal bond sector.