X-Square Municipal Income Tax Free ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
X-Square Municipal Income Tax Free ETF ZTAX
Morningstar’s Analysis ZTAX
Will ZTAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 91.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% | 18.28 | 836,477 | municipal |
PUERTO RICO COMWLTH 4% | 13.54 | 619,614 | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | 9.82 | 449,424 | municipal |
MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5% | 9.65 | 441,740 | municipal |
PUERTO RICO COMWLTH 4% | 9.10 | 416,239 | municipal |
PUERTO RICO COMWLTH 5.625% | 7.48 | 342,406 | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 6.15 | 281,652 | municipal |
PUERTO RICO COMWLTH 5.75% | 5.89 | 269,700 | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 5.74 | 262,539 | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 5.60 | 256,446 | municipal |
United States