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 79.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

17.42 956,473
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%

14.06 771,833
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

10.13 556,147
municipal

MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5%

7.73 424,219
municipal

PUERTO RICO COMWLTH 4%

7.40 406,282
municipal

PUERTO RICO COMWLTH 5.75%

5.13 281,551
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

4.72 259,364
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

4.59 252,037
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

4.56 250,133
municipal

PUERTO RICO COMWLTH 4%

4.21 230,918
municipal

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