X-Square Municipal Income ETF (ZTAX): ETF
ETF traded on ARCX under symbol ZTAX. Quoted in usd.
X-Square Municipal Income ETF
The X-Square Municipal Income ETF (ZTAX) primarily allocates a minimum of 80% of its investment capital (inclusive of any assets acquired through borrowing) to municipal debt instruments that offer exemption from both federal and state income tax. Management anticipates that the fund could potentially direct its entire portfolio, up to 100% of its assets, into tax-exempt municipal bonds issued by specific U.S. territories, namely Puerto Rico, Guam, and the U.S. Virgin Islands. These municipal securities may encompass a broad range of maturities, durations, and credit qualities, extending to and including those rated below investment grade, frequently known as "junk bonds." A key characteristic of this fund is its non-diversified structure.
Largest holdings
- Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue16.02%
- Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue11.42%
- Commonwealth of Puerto Rico8.57%
- Matching Fund Special Purpose Securitization Corp.8.52%
- Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue7.56%
- Commonwealth of Puerto Rico5.71%
- Puerto Rico Commonwealth Aqueduct & Sewer Authority5.32%
- Puerto Rico Commonwealth Aqueduct & Sewer Authority5.03%
- Puerto Rico Commonwealth Aqueduct & Sewer Authority5.02%
- Commonwealth of Puerto Rico4.80%
30d
1.64K
60d
2.54K
90d
2.02K