U
X-Square Municipal Income Tax Free ETF ZTAX
$24.82 -$0.01-0.04%
Recommendation
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Closing Price
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Total Assets
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Fund Information
Fund Type
ETF
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
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Asset Allocation
Cash
Stock
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Non U.S. Stock
Bond
U.S. Bond
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Preferred
Convertible
Other
Services Offered
None
Top Holdings
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Performance
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Beta
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Price
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Company Information
Provider
Xsquare Capital
Manager/Tenure
(Years)
Ignacio Canto (2), Gabriel Medina (2)
Address
Xsquare Capital
Suite 1111, Popular Center, 208 Ponce de Leon Ave
San Juan PR - 00918
Country
United States
Phone Number
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Investment Strategy
The investment seeks to provide income exempt from federal income tax. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes, if any) in tax-exempt municipal securities, the income from which is exempt from both federal and state income tax. The adviser expects to invest up to 100% of its assets in tax-exempt municipal securities issued by Puerto Rico, Guam and the U.S. Virgin Islands. Municipal securities may be of any maturity, duration or credit rating including those rated below investment grade (commonly known as “junk bonds”). The fund is non-diversified.