Key stats
About Nomura National High-Yield Municipal Bond ETF
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Inception date
Mar 5, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Nomura Asset Management USA, Inc.
Identifiers
3
ISIN US5559278701
HTAX is an actively managed fund that seeks high current interest income exempt from federal tax by investing primarily in US high-yield municipal bonds. The fund includes debt obligations issued by state and local governments to raise funds for various public purposes. The portfolio holds municipal bonds of various maturities, with a dollar-weighted average effective maturity between 5 and 30 years. The manager adjusts bond maturity to balance the aim of providing high tax-exempt income with capital preservation. The fund's income may vary depending on interest rates and portfolio holdings. It may include various types of municipal bonds, including advance refunded bonds, revenue bonds, general obligation bonds, insured municipal bonds, private activity bonds, municipal leases, and certificates of participation. The fund may concentrate its investments in certain types of bonds or in a certain segment of the municipal bond market as deemed necessary. Effective Dec. 1, 2025, Macquarie in the funds name was replaced with Nomura.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal100.12%
Securitized0.38%
Cash−0.49%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
HTAX invests in bonds. The fund's major sectors are Municipal, with 100.12% stocks, and Securitized, with 0.38% of the basket. The assets are mostly located in the N/A region.
HTAX last dividends amounted to 0.09 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 12.35% increase.
HTAX assets under management is 55.58 M USD. It's risen 2.29% over the last month.
HTAX fund flows account for 48.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HTAX pays dividends to its holders with the dividend yield of 4.72%. The last dividend (Apr 7, 2026) amounted to 0.09 USD. The dividends are paid monthly.
HTAX shares are issued by Nomura Holdings, Inc. under the brand Nomura. The ETF was launched on Mar 5, 2025, and its management style is Active.
HTAX expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
HTAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HTAX invests in bonds.
HTAX price has fallen by 0.00% over the last month, and its yearly performance shows a 1.35% increase. See more dynamics on HTAX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.51% over the last month, showed a 1.07% increase in three-month performance and has increased by 1.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.51% over the last month, showed a 1.07% increase in three-month performance and has increased by 1.78% in a year.
HTAX trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.