Key stats
About Macquarie Tax-Free USA Short Term ETF
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Inception date
Nov 28, 2023
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
Macquarie Investment Management Business Trust
ISIN
US5559273009
STAX aims for a high level of current interest income exempt from federal income tax by holding municipal debt obligations issued by the US state and its local governments. The fund holds short-duration securities primarily with investment grade ratings and effective maturities between one and five years. These securities include but are not limited to, advance refunded bonds, revenue bonds, general obligation and insured municipal bonds, private activity bonds, municipal leases, and certificates of participation. Economic and market conditions are analyzed to identify the eligible securities and investable market sectors. ESG and sustainability scores are then assigned to each potential position wherein a score of 1 or 2 exudes positive sustainability characteristics, a score of 3 points to neutrality, and a score of 4 or 5 reflects negative attributes that lead to disqualification. The fund is actively managed and may also hold junk bonds up to 20%.
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%
Municipal98.26%
Cash1.74%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
STAX last dividends amounted to 0.07 USD. The month before, the issuer paid 0.07 USD in dividends, which shows a 0.34% decrease.
STAX assets under management is 5.72 M USD. It's fallen 0.27% over the last month.
STAX fund flows account for 644.00 K 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, STAX pays dividends to its holders with the dividend yield of 3.03%. The last dividend (Nov 6, 2025) amounted to 0.07 USD. The dividends are paid monthly.
STAX shares are issued by Macquarie Group Ltd. under the brand Macquarie. The ETF was launched on Nov 28, 2023, and its management style is Active.
STAX expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
STAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
STAX invests in bonds.
STAX price has fallen by −0.27% over the last month, and its yearly performance shows a 0.87% increase. See more dynamics on STAX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.01% over the last month, have fallen by −0.01% over the last month, showed a 0.61% increase in three-month performance and has increased by 4.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.01% over the last month, have fallen by −0.01% over the last month, showed a 0.61% increase in three-month performance and has increased by 4.23% in a year.
STAX trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.