Morningstar

X-Square Municipal Income Tax Free ETF ZTAX

Morningstar Medalist Rating
Medalist Rating as of | See Xsquare Capital Investment Hub

Morningstar’s Analysis ZTAX

Will ZTAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ZTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ZTAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ZTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

X-Square Municipal Income Tax Free ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings ZTAX

More ZTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 77.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%

15.87 786,282
municipal

BlackRock Liquidity MuniCash Instl

11.95 592,055
Cash and Equivalents

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

11.40 564,854
municipal

MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5%

8.60 426,180
municipal

PUERTO RICO COMWLTH 4%

8.43 417,772
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

7.45 369,371
municipal

PUERTO RICO COMWLTH 5.75%

5.76 285,269
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

5.30 262,428
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

5.10 252,558
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

5.06 250,514
municipal

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