ZTAXX-Square Municipal Income Tax Free ETF

Get income3y track recordRanked #1,513 of 1,622 in this goal

By Xsquare Capital · Launched 2023

Annual Cost

0.92%

#4,574 of 5,562 · expensive

Fund Size

$5M

#5,113 of 5,562 · small

Dividend YieldGoal

4.48%

Track Record

3 years

#3,015 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,135+11.4%

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

98.8%

Cash

1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

32.2%High

Year-on-year price swings

Max drawdown

-15.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.17Below average

Sortino (3Y)

0.25Moderate downside risk

Bond profile

Duration

4.7 years

Avg maturity

10.0 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Strategy: The Fund is an actively managed ETF that invests at least 80% of its assets in tax-exempt municipal securities issued by Puerto Rico, Guam, and the U.S. Virgin Islands, focusing on maximizing liquidity and yield through careful analysis of the issuers' fundamentals and market conditions.
Inception date: May 18, 2023
Fund family: Xsquare Capital