X-Square Municipal Income ETFX-Square Municipal Income ETFX-Square Municipal Income ETF

X-Square Municipal Income ETF

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Key stats


Assets under management (AUM)
‪3.99 M‬USD
Fund flows (1Y)
‪663.50 K‬USD
Dividend yield (indicated)
Discount/Premium to NAV
1.2%

About X-Square Municipal Income ETF


Issuer
X Square Capital LLC
Brand
X-Square
Expense ratio
1.14%
Inception date
May 19, 2023
Index tracked
No Underlying Index
Management style
Active
ZTAX takes advantage of tax exemptions in US territories through investments in USD-denominated municipal securities issued by Puerto Rico, Guam, and the US Virgin Islands. Securities from these territories qualify for a triple-tax exemption, making them exempt from federal, state, and local taxes. The fund expects assets to be invested mainly in Puerto Rico (65-80%) and, to a lesser degree, in the US Virgin Islands (10-25%) and Guam (5-10%). Securities are analyzed using legal and economic fundamentals, revenue strength and quality, and other fundamentals. The fund intends to invest in bonds perceived to have attractive relative values. The funds broad investments may be of any maturity, duration or credit quality. As an actively managed ETF, the fund managers have full discretion to make buy, hold, and sell decisions at any time. ZTAX is the first triple-tax exempt and Puerto Rico ETF in the US. Before May 28, 2024, the fund traded as X-Square Municipal Income Tax Free ETF.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal97.88%
Cash1.65%
Mutual fund0.47%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.