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Nomura Tax-Free USA ETF
LTAX performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 2, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -1.17% | -2.06% | ||||
| Flows | - | - | - | - | - | - |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Long Only |
| Provider | Nomura |
| N° of holdings | 86 |
| Dividend policy | Distributing |
| Inception date | January 12, 2026 |
| ESG | No |
More data and info about LTAX on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 86
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +3.49% | |||
Max drawdown | -3.22% | |||
Max drawdown duration | 58d | N/A | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
What type of ETF is LTAX?
LTAX is a Active ETF that provides exposure to Fixed Income assets. It is managed by Nomura.
What does LTAX invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of LTAX?
The total expense ratio (TER) of LTAX is 0.39%, representing the annual fee charged by the fund manager.
When was LTAX launched?
LTAX was launched on January 12, 2026, marking its entry into the ETF market.
Who is the issuer of LTAX?
LTAX is issued by Nomura.
What is the AUM of LTAX?
As of September 2, 2026, LTAX manages $6.09 M, reflecting the total assets held in the fund.
How many holdings are in LTAX
As of July 31, 2026, LTAX holds 86 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is LTAX?
As of July 31, 2026, LTAX holds 86 securities, with 28.73% of its assets concentrated in its top 15 holdings.
What are the top holdings of LTAX?
As of July 31, 2026, LTAX holds a portfolio of 86 underlyings, with its largest positions including State of Washington, 5% 1feb2051, USD (2026C), New York Transitional Finance Authority, 5% 1feb2053, USD (2026) and Puerto Rico Sales Tax Financing Corp., 4.75% 1jul2053, USD. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does LTAX invest in?
As of July 31, 2026, LTAX has its largest geographic exposures in USA.
What sectors or themes does LTAX focus on?
As of July 31, 2026, LTAX is primarily exposed to Municipal.
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