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Nomura Tax-Free USA Short Term ETF (STAX)

Muni National Short | Exchange Traded Fund | NYSEArca
25.43 USD -0.02 (-0.059%) ⇩ (July 13, 2026, 12:39 p.m. EDT)
After hours: 25.43

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:55 a.m. EDT

The security offers a robust 3.17% yield driven by consistent monthly distributions averaging around $0.068, which qualifies as a strong yield with adequate sustainability for a tax-free vehicle. However, the price action is essentially flat, trading within a razor-thin range between $25.33 and $25.75 over the last year, showing no meaningful momentum or directional bias. While the statistical model indicates very high confidence in a flat path over the next 45 days, this confirms the lack of a catalyst rather than providing a directional edge. For investors seeking capital appreciation, the instrument lacks the necessary upward trajectory, making it suitable primarily for those prioritizing income stability over growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.002547
AutoETS0.002547
MSTL0.002586
AutoTheta0.003085

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 88%
H-stat 0.06
Ljung-Box p 0.000
Jarque-Bera p 0.401
Excess Kurtosis -0.96

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.23% 3.16%
Dividend History
Date Dividend Yield %
2026-06-30 0.058 0.228041
2026-05-29 0.067 0.264039
2026-04-30 0.072 0.283465
2026-03-31 0.065 0.256259
2026-02-27 0.071 0.276587
2026-01-30 0.067 0.261821
2025-12-24 0.070 0.275265
2025-11-28 0.068 0.267296
2025-10-31 0.068 0.266981
2025-09-30 0.068 0.266249
2025-08-29 0.067 0.262539
2025-07-31 0.065 0.255724
2025-06-30 0.069 0.272620
2025-05-30 0.067 0.265820
2025-04-30 0.071 0.282362
2025-03-31 0.065 0.257222
2025-02-28 0.069 0.271654
2025-01-31 0.058 0.229158
2024-12-23 0.071 0.281523
2024-11-29 0.060 0.236593
2024-10-31 0.070 0.277118
2024-09-30 0.070 0.275255
2024-08-30 0.068 0.268086
2024-07-31 0.068 0.269659
2024-06-28 0.068 0.271360
2024-05-31 0.065 0.260605
2024-04-30 0.066 0.263736
2024-03-28 0.069 0.274081
2024-02-29 0.063 0.249258
2024-01-31 0.129 0.509479
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.17

Info Dump

Attribute Value
All Time High 25.75
All Time Low 24.942
Ask 0.0
Ask Size 3,700
Average Daily Volume10 Day 4,300
Average Daily Volume3 Month 6,770
Average Volume 6,770
Average Volume10Days 4,300
Beta3 Year 0.0
Bid 25.41
Bid Size 100
Category Muni National Short
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.425
Day Low 25.4
Dividend Yield 3.17
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.4192
Fifty Day Average Change 0.00579834
Fifty Day Average Change Percent 0.00022810866
Fifty Two Week Change Percent 0.11806488
Fifty Two Week High 25.75
Fifty Two Week High Change -0.32500076
Fifty Two Week High Change Percent -0.012621389
Fifty Two Week Low 25.33
Fifty Two Week Low Change 0.09499931
Fifty Two Week Low Change Percent 0.0037504663
Fifty Two Week Range 25.33 - 25.75
First Trade Date Milliseconds 1,701,268,200,000
Full Exchange Name NYSEArca
Fund Family Nomura
Fund Inception Date 1,701,129,600
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, ETF 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. This is a fundamental investment policy that may not be changed without prior shareholder approval.
Long Name Nomura Tax-Free USA Short Term ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1845137788
Nav Price 25.4
Net Assets 13,337,869.0
Net Expense Ratio 0.29
Open 25.43
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 25.425
Post Market Time 1,783,976,700
Previous Close 25.44
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0150013
Regular Market Change Percent -0.0589674
Regular Market Day High 25.425
Regular Market Day Low 25.4
Regular Market Day Range 25.4 - 25.425
Regular Market Open 25.43
Regular Market Previous Close 25.44
Regular Market Price 25.425
Regular Market Time 1,783,960,774
Regular Market Volume 2,011
Short Name Nomura Tax-Free USA Short Term
Source Interval 15
Symbol STAX
Total Assets 13,337,869
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.17738
Trailing Three Month Returns 1.17738
Triggerable 1
Two Hundred Day Average 25.50728
Two Hundred Day Average Change -0.08228111
Two Hundred Day Average Change Percent -0.0032257894
Type Disp ETF
Volume 2,011
Yield 0.0317
Ytd Return 1.62491