Nomura Tax-Free USA ETF (LTAX)Muni National Long | Exchange Traded Fund | NYSEArca
24.64 USD
-0.06
(-0.248%) ⇩
(Aug. 5, 2026, 11:45 a.m.
EDT)
|
Hot Take ↕ | Aug. 22, 2026, 5:01 a.m. EDT
The immediate outlook is muted as the ETF trades below its 50-day and 200-day moving averages, indicating a lack of near-term momentum despite recent price stability. While the statistical model flags a very high confidence in a slight downward drift over the next 45 days, this technical signal is secondary to the broader context of a low-volume, niche tax-advantaged vehicle. On a longer horizon, the asset appears fairly valued with no signs of structural deterioration or explosive growth; the market has simply priced it as a standard utility play rather than a high-growth opportunity. The income profile offers a modest yield that tracks inflation but lacks the robustness or consistency of a top-tier dividend payer, making it suitable only for investors specifically seeking tax efficiency rather than capital appreciation or high income. |
| Model | MAE |
|---|---|
| MSTL_29 ✓ | 0.006763 |
| AutoARIMA | 0.006767 |
| AutoETS | 0.006943 |
| AutoTheta | 0.006966 |
| MSTL | 0.007031 |
Forecast horizon: 60 days | Selected: MSTL_29
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.535 |
| Excess Kurtosis | -0.41 |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-31 | 0.083 | 0.335056 |
| 2026-06-30 | 0.083 | 0.327442 |
| 2026-05-29 | 0.079 | 0.314992 |
| 2026-04-30 | 0.080 | 0.319783 |
| 2026-03-31 | 0.078 | 0.315917 |
| 2026-02-27 | 0.081 | 0.320297 |
| 2026-01-30 | 0.019 | 0.075854 |
| Attribute | Value |
|---|---|
| All Time High | 25.468 |
| All Time Low | 24.498 |
| Ask | 37.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 100 |
| Average Daily Volume3 Month | 365 |
| Average Volume | 365 |
| Average Volume10Days | 100 |
| Beta3 Year | 0.0 |
| Bid | 24.62 |
| Bid Size | 200 |
| Category | Muni National Long |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.6357 |
| Day Low | 24.6357 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.00476 |
| Fifty Day Average Change | -0.36906052 |
| Fifty Day Average Change Percent | -0.01475961 |
| Fifty Two Week Change Percent | -1.6526937 |
| Fifty Two Week High | 25.468 |
| Fifty Two Week High Change | -0.8323002 |
| Fifty Two Week High Change Percent | -0.032680232 |
| Fifty Two Week Low | 24.498 |
| Fifty Two Week Low Change | 0.13770103 |
| Fifty Two Week Low Change Percent | 0.0056209094 |
| Fifty Two Week Range | 24.498 - 25.468 |
| First Trade Date Milliseconds | 1,768,314,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.0611992 |
| Fullday Change Percent | -0.247801 |
| Fullday Price | 24.6357 |
| Fund Family | Nomura |
| Fund Inception Date | 1,768,176,000 |
| 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 securities the income from which is exempt from federal income tax, including the federal alternative minimum tax for certain non-corporate shareholders (the “Federal AMT”). This is a fundamental investment policy that may not be changed without prior shareholder approval. |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1913964779 |
| Nav Price | 24.68 |
| Net Assets | 6,174,645.0 |
| Net Expense Ratio | 0.39 |
| Open | 24.89 |
| Previous Close | 24.6969 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0611992 |
| Regular Market Change Percent | -0.247801 |
| Regular Market Day High | 24.6357 |
| Regular Market Day Low | 24.6357 |
| Regular Market Day Range | 24.6357 - 24.6357 |
| Regular Market Open | 24.89 |
| Regular Market Previous Close | 24.6969 |
| Regular Market Price | 24.6357 |
| Regular Market Time | 1,785,944,701 |
| Regular Market Volume | 11 |
| Short Name | Nomura Tax-Free USA ETF |
| Source Interval | 15 |
| Symbol | LTAX |
| Total Assets | 6,174,645 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -0.03036 |
| Trailing Three Month Returns | -0.03036 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.02219 |
| Two Hundred Day Average Change | -0.38648987 |
| Two Hundred Day Average Change Percent | -0.015445885 |
| Type Disp | ETF |
| Volume | 11 |