LTAXNomura Tax-Free USA ETF

Get income Stay safeNewRanked #268 of 340 in this goal

Seeks as high a level of current interest income exempt from federal income tax as is consistent with prudent investment management and preservation of capital.

By Nomura · Launched 2026

Annual Cost

0.39%

#1,958 of 5,562 · average

Fund Size

$6M

#4,956 of 5,562 · small

Dividend YieldGoal

—

Track Record

5 months

#5,167 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,160+1.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Asset allocation

Bonds

97.2%

Cash

2.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-3.2%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

5.0 years

Avg maturity

10.1 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks as high a level of current interest income exempt from federal income tax as is consistent with prudent investment management and preservation of capital.
Strategy: Actively manages a portfolio of U.S. municipal debt obligations (revenue bonds, general obligation bonds, advance refunded bonds, insured municipal bonds, private activity bonds, municipal leases, certificates of participation) issued by state and local governments, with at least 80% in federally tax-exempt securities. May invest up to 20% in high yield (junk) bonds, with a dollar-weighted average effective maturity typically between 5 and 30 years.
Inception date: January 12, 2026
Fund family: Nomura