Nomura Tax-Free USA ETF

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About LTAX

LTAX is an actively managed fund focusing on municipal bonds of various maturities issued by the state and local government. The fund primarily selects investment grade rated bonds but may hold high yield rated up to 20%. 

Category
Muni National Long
CategoryMuni National Long
Number of holdings
114
Number of holdings114
Inception Date
Jan 12, 2026
Inception DateJan 12, 2026

What's in this fund

Top 10 Holdings (17.73% of total assets)

As of October 22, 2026
NameSymbol% Assets
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0%—2.81%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%—2.06%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%—1.91%
PUBLIC FIN AUTH WIS TOLL REV 5.75%—1.73%
PUERTO RICO COMWLTH 0%—1.64%
MASSACHUSETTS ST DEV FIN AGY REV 5%—1.55%
NEW JERSEY ST TRANSN TR FD AUTH 5.25%—1.55%
MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 4.75%—1.53%
Guam Govt Wtrwks 6% 07/52—1.49%
TARRANT REGL WTR DIST TEX WTR REV 5%—1.46%

LTAX Key Statistics

AUM
7.15M
AUM7.15M
Price-Earnings ratio
—
Price-Earnings ratio—
30-Day yield
3.99
30-Day yield3.99
Average volume
3.31K
Average volume3.31K
High today
$23.85
High today$23.85
Low today
$23.85
Low today$23.85
Open price
$23.85
Open price$23.85
Volume
237.00
Volume237.00
52 Week high
$25.47
52 Week high$25.47
52 Week low
$23.06
52 Week low$23.06
Expense ratio
0.39
Expense ratio0.39

Stock Snapshot

As of today, Nomura Tax-Free USA ETF(LTAX) shares are valued at $23.85. The company's market cap stands at 7.16M.

During the trading session on 2026-10-25, Nomura Tax-Free USA ETF(LTAX) shares reached a daily high of $23.85 and a low of $23.85. At a current price of $23.85, the stock is 0.0% higher than the low and still 0.0% under the high.

Trading volume for Nomura Tax-Free USA ETF(LTAX) stock has reached 237, versus its average volume of 3.31K.

The stock's 52-week range extends from a low of $23.06 to a high of $25.47.

The stock's 52-week range extends from a low of $23.06 to a high of $25.47.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.