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Nomura Tax-Free USA ETF (LTAX): ETF

ETF traded on ARCX under symbol LTAX. Quoted in usd.

Nomura Tax-Free USA ETF logo

Nomura Tax-Free USA ETF

+0.34%$24.32
ARCX:LTAXMunicipal Fixed Income
AUM $7.29M·YTD --·Yield --
Nomura Tax-Free USA ETF logoARCX:LTAX$24.32+0.34%
About LTAX

This actively managed exchange-traded fund focuses on securities providing exemption from federal income tax, including the federal alternative minimum tax (AMT). Its principal holdings are municipal debt instruments, originating from state and local authorities, utilized to finance public endeavors like healthcare facilities, educational institutions, and various infrastructure expenditures. A maximum of 20% of its assets may be directed towards high-yield debt offerings. The fund's strategy involves targeting a dollar-weighted average effective maturity ranging from 5 to 30 years. Distributions of income are subject to fluctuation based on prevailing interest rates and the composition of its underlying portfolio. Should availability be constrained in certain municipal bond sectors, the fund retains the flexibility to concentrate its investments more significantly in others. The diverse categories of municipal debt instruments that the fund may invest in encompass advance refunded bonds, revenue bonds, general obligation bonds, insured municipal bonds, private activity bonds, municipal leases, and certificates of participation.

Largest holdings

  1. MARYLAND ST VAR 06/482.76%
  2. NEW YORK N Y 5% 02/532.04%
  3. PUERTO RICO 4.75% 07/531.87%
  4. PUBLIC FIN 5.75% 06/601.71%
  5. PUERTO RICO VAR 11/431.61%
  6. MASSACHUSETTS ST 5% 02/341.53%
  7. NEW JERSEY ST 5.25% 06/411.52%
  8. MOBILE CNTY 4.75% 12/541.48%
  9. GUAM GOVT WTRWKS 6% 07/521.47%
  10. TARRANT REGL WTR 5% 03/411.45%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$110,862
Total Return
+$40,862
(+58.4%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$7.29M
NAV$24.30
Premium/Discount+0.10%
Expense Ratio0.39%
Market Cap$4.99M
Shares Outstanding200.00K
Inception DateJan. 12, 2026
Fund Details
IssuerNomura
Asset ClassMunicipal Fixed Income
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$24.32$25.39
Current: $24.32
Volume
Volume7
Avg Volume2.01K
Vol/Avg0.00x

30d

1.83K

60d

3.74K

90d

2.54K

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