Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
X-Square Municipal Income Tax Free ETF ZTAX
Morningstar’s Analysis ZTAX
Will ZTAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 95.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% | 26.15 | 1.1 Mil | municipal |
PUERTO RICO COMWLTH 4% | 15.21 | 618,033 | municipal |
MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5% | 10.96 | 445,094 | municipal |
PUERTO RICO COMWLTH 5.625% | 8.66 | 351,786 | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 7.05 | 286,414 | municipal |
PUERTO RICO COMWLTH 5.75% | 6.81 | 276,687 | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 6.53 | 265,405 | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 6.43 | 261,096 | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | 4.91 | 199,430 | municipal |
GUAM GOVT BUSINESS PRIVILEGE TAX REV 4% | 2.24 | 91,051 | municipal |