HTAXNomura National High-Yield Municipal Bond ETF
Seeks high current interest income exempt from federal income tax via medium- and lower-grade national municipal obligations.
By Nomura · Launched 2025
Annual Cost
0.49%
#2,575 of 6,040 · average
Fund Size
$60M
#3,568 of 6,040 · mid-size
Return (1Y)
+1.2%
Track Record
1 year
#4,147 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,112+1.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 15.0% of funddiversified
Virginia Commonwealth University Health System Authority
1.8%
Puerto Rico Sales Tax Financing Corp.
1.8%
GDB Debt Recovery Authority of Puerto Rico
1.8%
Public Finance Authority
1.5%
Commonwealth of Puerto Rico
1.4%
Black Belt Energy Gas District
1.4%
Oregon State Facilities Authority
1.3%
Louisiana Public Facilities Authority
1.3%
Maryland Health & Higher Educational Facilities Authority
1.3%
Commonwealth of Puerto Rico
1.3%
Asset allocation
Bonds
99.0%
Cash
1.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.7%Low
Year-on-year price swings
Max drawdown
-6.1%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
5.3 years
Avg maturity
9.4 years
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks high current interest income exempt from federal income tax via medium- and lower-grade national municipal obligations.
- Strategy
- Actively manages a national municipal-bond portfolio, investing at least 80% of net assets in municipal securities whose income is exempt from federal income tax — primarily medium- and lower-grade (high-yield) issues. Holds bonds across maturities with a dollar-weighted average effective maturity between 5 and 30 years, including revenue, general obligation, insured municipal, private activity bonds, leases, and certificates of participation. May concentrate in market segments when supply elsewhere is unsuitable; not an index fund.
- Inception date
- March 5, 2025
- Fund family
- Nomura
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Data updated on 2026-09-18