Fund Evaluator:
Nomura National Hi-Yld Muncpl Bd ETF (HTAX)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
High Yield Muni
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.49% D
Expense Ratio
$58 Mil
Assets
Open
Status
na
12b-1 Fee
4.63%
TTM Yield
0.00%
Max Load
50%
Portfolio Turnover
Best Performing in High Yield Muni Over the Last Year
| 8.7% | T. Rowe Price High Yield Muncpl Bd (PRFHX) |
| 8.2% | Thrivent High Yield Municipal Bond S (THMBX) |
| 8.1% | AMG GW&K Municipal Enhanced Yield N (GWMNX) |
| 8.0% | Invesco Rochester® Municipal Opps Y (ORNYX) |
| 7.9% | City National Rochdale Muni Hi Inc N (CNRNX) |
Data as of 7/31/2026
-2.0% D
1-Mo Return
0.6% A
3-Mo Return
2.7% A
YTD Return
9.0% A
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
Nomura
Inception Date
3/5/2025
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
N/A: 100%
Additional Fund Details
Nomura National Hi-Yld Muncpl Bd ETF Overview
HTAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HTAX Return (NAV) | -2.0% | 0.6% | 9.0% | na | na | na |
| HTAX Grade | D | A | A | na | na | na |
| +/- Category | -0.2% | 0.5% | 2.1% | na | na | na |
| High Yield Muni Avg | -1.8% | 0.1% | 6.9% | 4.1% | 0.3% | 2.5% |
| HTAX Tax Cost Ratio | na | na | 0.0% | na | na | na |
HTAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HTAX Return (NAV) | 2.7% | na | na | na | na | na | na | na | na | na | na |
| HTAX Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.2% | na | na | na | na | na | na | na | na | na | na |
| High Yield Muni Avg | 1.5% | 2.5% | 5.2% | 6.8% | -13.1% | 5.5% | 3.8% | 9.2% | 2.0% | 8.0% | 1.5% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 4.6% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $58 Mil |
| Fund Total Assets: | $ 59 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 50% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.4 years | |||
| Average Tenure: 1.4 years | |||
| Managers (Year): Roach William (2025), Czepiel Stephen (2025), Gizzi Gregory (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 220 |
| % in Top 10 Holdings: | 11.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 10.2% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 88.1% |
| Foreign Bond: | 10.2% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.7% |
Purchase Information
| Fund Family: | Nomura |
| Phone Number: | 844-469-9911 |
| Website: | global.nomuraassetmanagement.com/investments/etf |
| Status: | Open |
| Inception Date: | March 5, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.49% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | Nomura National Hi-Yld Muncpl Bd ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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