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Nomura National High-Yield Municipal Bond ETF (HTAX)

High Yield Muni | Exchange Traded Fund | NYSEArca
24.81 USD +0.06 (0.222%) ⇧ (July 14, 2026, 10:15 a.m. EDT)
After hours: 24.81

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 6:51 a.m. EDT

The high-yield municipal bond landscape presents a complex picture for this ETF. On the income front, the 4.51% yield is robust and supported by a consistent stream of quarterly distributions ranging from roughly $0.08 to $0.14, suggesting a reliable payout mechanism typical of the sector. However, the price action tells a different story regarding capital appreciation; the asset is essentially flat over the available observation period, trading within a tight range between $23.19 and $25.08 with no significant upward drift. While the statistical model indicates a slight bullish bias for the immediate future, the lack of multi-year price history prevents a confident assessment of long-term business quality or structural growth trends. Consequently, the investment case rests entirely on the yield rather than capital gains, making it a suitable hold for income-focused investors but lacking the momentum or proven track record required for a higher conviction rating.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.007122
AutoARIMA0.007543
AutoETS0.007543
AutoTheta0.007568
MSTL_340.009505
MSTL_670.012370
MSTL_34_670.013280

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 67%
H-stat 16.86
Ljung-Box p 0.000
Jarque-Bera p 0.758
Excess Kurtosis -0.38

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.39% 4.62%
Dividend History
Date Dividend Yield %
2026-06-30 0.096 0.385001
2026-05-29 0.093 0.377052
2026-04-30 0.098 0.400114
2026-03-31 0.094 0.388606
2026-02-27 0.082 0.331112
2026-01-30 0.085 0.348718
2025-12-24 0.096 0.396121
2025-11-28 0.095 0.387470
2025-10-31 0.102 0.416327
2025-09-30 0.094 0.386434
2025-08-29 0.095 0.406330
2025-07-31 0.093 0.398543
2025-06-30 0.080 0.334169
2025-05-30 0.144 0.604890
2025-04-30 0.094 0.388333
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.51

Info Dump

Attribute Value
All Time High 25.08
All Time Low 23.17
Ask 37.17
Ask Size 1,200
Average Daily Volume10 Day 2,300
Average Daily Volume3 Month 3,037
Average Volume 3,037
Average Volume10Days 2,300
Beta3 Year 0.0
Bid 21.81
Bid Size 100
Category High Yield Muni
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.81
Day Low 24.795
Dividend Yield 4.51
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.68442
Fifty Day Average Change 0.12557983
Fifty Day Average Change Percent 0.005087413
Fifty Two Week Change Percent 5.2508473
Fifty Two Week High 25.08
Fifty Two Week High Change -0.27000046
Fifty Two Week High Change Percent -0.010765568
Fifty Two Week Low 23.19
Fifty Two Week Low Change 1.6199989
Fifty Two Week Low Change Percent 0.06985765
Fifty Two Week Range 23.19 - 25.08
First Trade Date Milliseconds 1,741,271,400,000
Full Exchange Name NYSEArca
Fund Family Nomura
Fund Inception Date 1,741,132,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities the income from which is exempt from federal income tax. Municipal debt obligations are issued by state and local governments to raise funds for various public purposes such as hospitals, schools, and general capital expenses.
Long Name Nomura National High-Yield Municipal Bond ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1913964778
Nav Price 24.75
Net Assets 58,494,360.0
Net Expense Ratio 0.49
Open 24.795
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 24.81
Post Market Time 1,784,063,100
Previous Close 24.755
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0550003
Regular Market Change Percent 0.222179
Regular Market Day High 24.81
Regular Market Day Low 24.795
Regular Market Day Range 24.795 - 24.81
Regular Market Open 24.795
Regular Market Previous Close 24.755
Regular Market Price 24.81
Regular Market Time 1,784,038,511
Regular Market Volume 2,485
Short Name Nomura National High-Yield Muni
Source Interval 15
Symbol HTAX
Total Assets 58,494,360
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 4.26966
Trailing Three Month Returns 4.26966
Triggerable 1
Two Hundred Day Average 24.526834
Two Hundred Day Average Change 0.28316498
Two Hundred Day Average Change Percent 0.011545109
Type Disp ETF
Volume 2,485
Yield 0.045100003
Ytd Return 4.82244