NomuraHigh Yield MuniHTAX · NYSE Arca

Nomura National High-Yield Municipal Bond ETF (HTAX)

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Price: $23.53; —30 Oct 2026
Assets: $67.4M; Total net assets
Expense ratio: 0.49%; Category 0.93%
Yield: 4.87%; Trailing distributions

1Y return: 0.9%+0.3%; Category 0.6%
3Y CAGR: —; Category 6.5%
5Y CAGR: —; Category 0.1%

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Nomura National High-Yield Municipal Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+2.7%	-2.0%	-1.8%	+0.5%	+0.9%	—	—	—	+1.2%
High Yield Muni average	3.6%	-1.8%	-1.7%	0.1%	0.6%	6.5%	0.1%	2.2%	2.1%
Difference	-0.9%	-0.1%	-0.2%	+0.4%	+0.3%	—	—	—	-1.0%

Holdings

Allocation as last published by the fund.

Asset mix

What the fund is invested in.

Bonds93.7%
Cash6.3%
Stocks0.0%

ETF details

Issuer: Nomura
Category: Fixed Income · High Yield Muni
Ticker: HTAX
Exchange: NYSE Arca
Inception: 5 Mar 2025 (1.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.49% (category 0.93%)
Holdings turnover: 50% (category 56%)
Distribution yield: 4.87%
Beta, 3 years: 0.00
Total net assets: $67.4M
Average duration: 5.05 years
Average maturity: 8.99 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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