AUM$5.0M
Expense Ratio0.39%
NAV$25.04
HoldingsN/A
InceptionJan 12, 2026
Price Chart
Key Statistics
Previous Close
N/ADay Range
N/A52-Week Range
$24.88$25.38
Avg Volume
30Dividend Yield
0.40%Expense Ratio
0.39%AUM
$5.0MShares Outstanding
227.2KFund Information
- Issuer
- Nomura
- Subcategory
- Municipal Bond
- Inception Date
- Jan 12, 2026
- Exchange
- NYSE_ARCA
- Description
- LTAX is actively managed and invests in securities exempt from federal income tax, including the federal alternative minimum tax (Federal AMT). It primarily holds municipal debt obligations issued by state and local governments for public purposes such as hospitals, schools, and capital expenses. Up to 20% of the portfolio may be allocated to high-yield debt securities. The fund aims to maintain a dollar-weighted average effective maturity of 5 to 30 years. Income levels may vary with interest rates and portfolio composition. The fund may concentrate on holdings in specific municipal bond sectors when supply in other sectors is limited. Municipal debt types include advance refunded bonds, revenue bonds, general obligation bonds, insured municipal bonds, private activity bonds, municipal leases, and certificates of participation.
The Nomura Tax-Free USA ETF (LTAX) is an exchange-traded fund issued by Nomura that launched on Jan 12, 2026. It currently manages $5.0M in assets under management. The fund charges an expense ratio of 0.39%.
Top 10 holdings represent 0.0% of the fund
No holdings data available.
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | N/A | — | ||
| 1W | -0.82% | — | ||
| 1M | -1.05% | — | ||
| 3M | -0.59% | — | ||
| 6M | -0.59% | — | ||
| YTD | -0.59% | — | ||
| 1Y | -0.59% | — | ||
| 3Y | -0.59% | — | ||
| 5Y | -0.59% | — |
Moving Averages
20-Day MA
$25.17
Below 20-Day MA50-Day MA
$25.10
Below 50-Day MA200-Day MA
$25.10
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.38
Current Price
$25.08
52-Week Low
$24.88
$24.88$25.38
Current Yield
0.40%
Annual Dividend
$0.0998
Frequency
12x/year
Last Ex-Date
Feb 27, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0810 | Mar 5, 2026 |
| Jan 30, 2026 | $0.0188 | Feb 5, 2026 |
Dividend Payments Over Time
Category Comparison
No category data available for comparison.
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