LTAX ETF

LTAX ETF
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LTAX holds 21.0% of its assets in its 10 largest positions as of Sep 15, 2026. LTAX is Nomura Tax-Free USA ETF.

Showing top 50 of 87 holdings · as of Sep 15, 2026
LTAX holdings, by weight
#TickerNameWeightCumulativeSharesMkt valueSectorIndustry
1—University Of California 2.79999895 05-15-2048
3.33%		3.3%200,000$200.0K--
2DebtNew York City Transitional Finance Authority Future Tax Secured Revenue
2.47%		5.8%150,000$148.6K--
3DebtPuerto Rico Sales Tax Financing Corp SaFinancials · Diversified Financial Services
2.30%		8.1%151,000$138.1KFinancialsDiversified Financial Services
4DebtPub Fin AFinancials · Diversified Financial Services
2.10%		10.2%125,000$126.4KFinancialsDiversified Financial Services
5DebtCommonwealth Of Puerto RicoFinancials · Diversified Financial Services
1.92%		12.1%163,543$115.1KFinancialsDiversified Financial Services
6—New Jersey St Transn Tr Fd Aut 5.25% Jun 15, 2041Financials · Diversified Financial Services
1.83%		14.0%105,000$109.8KFinancialsDiversified Financial Services
7—Massachusetts St 5% 02/34
1.83%		15.8%100,000$109.7K--
8—Healthpartners Obligated Group 5.25% 01-01-54Health Care · Healthcare Services
1.74%		17.5%105,000$104.7KHealth CareHealthcare Services
9—Gtr Orlando Aviation Auth Fl S Greapt 11/34 Fixed 5.25 0 1900-01-00
1.73%		19.3%100,000$103.6K--
10DebtTarrant Regl Wtr Dist Tex Wtr Rev 5%
1.72%		21.0%100,000$103.3K--
11DebtBlack Belt Energy Gas Dist Al Bbeutl 07/33 Fixed 5
1.71%		22.7%100,000$102.6K--
12—Hillsborough Cnty Fla I 5.5 15Nov54Health Care · Healthcare Services
1.71%		24.4%100,000$102.5KHealth CareHealthcare Services
13DebtColorado BridgeFinancials · Diversified Financial Services
1.70%		26.1%100,000$101.8KFinancialsDiversified Financial Services
14—Washington Dc Met Area Transit Dcttrn 07/50 Fixed 5.25Financials · Diversified Financial Services
1.70%		27.8%100,000$102.0KFinancialsDiversified Financial Services
15—City Of New York NyFinancials · Thrifts
1.69%		29.5%100,000$101.4KFinancialsThrifts
16—CALIFORNIA ST UNIV REV 1.6% Nov 01, 2026
1.69%		31.2%100,000$101.4K--
17—Illinois Fin 5.5% 04/56
1.69%		32.9%100,000$101.2K--
18DebtNational Fin Auth N H Rev 5.5%
1.69%		34.5%100,000$101.8K--
19—Miami-Dade Cnty Fla Sea 5.5 01Oct56
1.68%		36.2%100,000$100.9K--
20DebtSc Pub SvcUtilities · Multi-Utilities
1.68%		37.9%100,000$101.2KUtilitiesMulti-Utilities
21—Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A 5.25% 08-01-2049Real Estate · Real Estate Management
1.68%		39.6%100,000$100.9KReal EstateReal Estate Management
22—Chicago Ill O 5.25% 01/61
1.67%		41.3%100,000$100.4K--
23DebtNew Jersey Transportation Trust Fund Authority
1.64%		42.9%100,000$98.7K--
24—Metropolitan 5% 07/46
1.63%		44.5%100,000$97.6K--
25—Texas St Dept 4.85% 07/56
1.59%		46.1%100,000$95.5K--
26DebtTexas Private Activity Bond Surface Transportation Corp., Nte Mobility Partners Segments 3 Llc Project 5Industrials · Transportation Infrastructure
1.56%		47.7%100,000$93.5KIndustrialsTransportation Infrastructure
27DebtPuerto Rico Sales Tax Financing Corp SaFinancials · Diversified Financial Services
1.55%		49.2%100,000$93.1KFinancialsDiversified Financial Services
28—Public Finance Authority 2062-07-01Financials · Diversified Financial Services
1.54%		50.8%92,007$92.6KFinancialsDiversified Financial Services
29—Mobile County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, Am/Ns Calvert Llc Project, Series 2024BFinancials · Diversified Financial Services
1.50%		52.3%100,000$89.9KFinancialsDiversified Financial Services
30DebtChieduConsumer Disc. · Diversified Consumer Services
1.44%		53.7%100,000$86.6KConsumer Disc.Diversified Consumer Services
31—Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A
1.41%		55.1%100,000$84.7K--
32—State Of Illinois 4 54332Mm/Dd/YyyFinancials · Capital Markets
1.39%		56.5%100,000$83.5KFinancialsCapital Markets
33—Michigan St Fin Auth RevenueFinancials · Diversified Financial Services
1.35%		57.9%100,000$81.3KFinancialsDiversified Financial Services
34DebtCalifornia Educational Facilities AuthorityFinancials · Thrifts
1.33%		59.2%75,000$80.1KFinancialsThrifts
35—Chicago Il O'Hare International Arpt Rev 5.50%, Due 01/01/2048
1.28%		60.5%75,000$76.8K--
36—WILL CNTY ILL 5% Nov 15, 2028
1.26%		61.7%75,000$75.9K--
37—Miami-Dade Cnty Fla Av 5.25 01Oct55Industrials · Transportation Infrastructure
1.26%		63.0%75,000$75.7KIndustrialsTransportation Infrastructure
38—Puerto Rico Comwlth 4% 2046-07-01Financials · Diversified Financial Services
1.23%		64.2%86,000$74.2KFinancialsDiversified Financial Services
39—Gdb Debt Recovery Authority of Puerto Rico, 7.5% 20aug2040
1.22%		65.4%74,519$73.5K--
40—Hawaii St Arpts Sys Rev 5.5 01Jul54
1.03%		66.5%60,000$61.6K--
41—Aquarion Wtr Auth Ct Wtr Sys R Aquwtr 08/55 Zerocpnoid 0
1.02%		67.5%300,000$61.5K--
42DebtPasmed
1.00%		68.5%60,000$60.1K--
43—Cherry Creek School District 5, Arapahoe County, Colorado, General Obligation Bonds, Series 2024Financials · Thrifts
0.97%		69.5%55,000$58.1KFinancialsThrifts
44—Geisinger Authority (geisinger Health System), Series 2020, Ref. RbHealth Care · Healthcare Services
0.95%		70.4%70,000$57.1KHealth CareHealthcare Services
45—Regional Transportation District, Colorado, Private Activity Bonds, Denver Transit Partners Eagle P3
0.94%		71.3%55,000$56.6K--
46—Colorado Health 5% 11/33
0.88%		72.2%50,000$52.8K--
47—California Health Facilities Financing Authority 11/01/2047Health Care · Healthcare Services
0.87%		73.1%50,000$52.4KHealth CareHealthcare Services
48—Energy S E Al A Cooperative Di Esdpwr 11/37 Fixed 5.25
0.87%		74.0%50,000$52.2K--
49—Pennsylvania 5.25% 11/38
0.87%		74.8%50,000$52.1K--
50DebtSalt River Project Agricultural Improvement & Power District
0.87%		75.7%50,000$52.3K--
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LTAX ETF All Holdings

LTAX holdings total 174 positions. The top 10 holdings account for 21.0% of the fund, led by University Of California 2.79999895 05-15-2048 at 3.3%, New York City Transitional Finance Authority Future Tax Secured Revenue 5 02/01/2053 at 2.5%, Puerto Rico Sales Tax Financing Corp Sa 4.750 07/01/2053 at 2.3%.

LTAX portfolio concentration is well-diversified, with the top 10 representing 21.0% of total assets. The largest sector exposure is Financials at 29.2%.

LTAX sectors provide a detailed breakdown. LTAX overlap shows how holdings compare to other funds in your portfolio.

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LTAX ETF Holdings

87 of 174 holdings

  • 1

    University Of California 2.79999895 05-15-2048

    Other
    3.33%
  • 2

    New York City Transitional Finance Authority Future Tax Secured Revenue 5 02/01/2053

    Other
    2.47%
  • 3

    Puerto Rico Sales Tax Financing Corp Sa 4.750 07/01/2053

    PR PRCGEN 4.75 07/01Financials
    2.30%
  • 4

    Pub Fin A 5.75% 12/31/65

    WI PUBTRN 5.75 12/31Financials
    2.10%
  • 5

    Commonwealth Of Puerto Rico 0 11/01/2043

    PR PRC 11/01/2043Financials
    1.92%
  • 6

    New Jersey St Transn Tr Fd Aut 5.25% Jun 15, 2041

    NJ NJSTRN 5.25 06/15Financials
    1.83%
  • 7

    Massachusetts St 5% 02/34

    Other
    1.83%
  • 8

    Healthpartners Obligated Group 5.25% 01-01-54

    MN MNSAGR 5.25 01/01Health Care
    1.74%
  • 9

    Gtr Orlando Aviation Auth Fl S Greapt 11/34 Fixed 5.25 0 1900-01-00

    Other
    1.73%
  • 10

    Tarrant Regl Wtr Dist Tex Wtr Rev 5% 5 03/31/2041 5 2041-03-31

    Other
    1.72%
  • 11

    Black Belt Energy Gas Dist Al Bbeutl 07/33 Fixed 5 5 07/01/2033 5 2033-07-01

    Other
    1.71%
  • 12

    Hillsborough Cnty Fla I 5.5 15Nov54

    FL HILMEC 5.5 11/15/Health Care
    1.71%
  • 13

    Colorado Bridge 5.25% 12/01/54

    CO CBTTRN 5.25 12/01Financials
    1.70%
  • 14

    Washington Dc Met Area Transit Dcttrn 07/50 Fixed 5.25

    DC DCTTRN 5.25 07/15Financials
    1.70%
  • 15

    City Of New York Ny

    NY NYC 5.25 02/01/20Financials
    1.69%
  • 16

    CALIFORNIA ST UNIV REV 1.6% Nov 01, 2026

    Other
    1.69%
  • 17

    Illinois Fin 5.5% 04/56

    Other
    1.69%
  • 18

    National Fin Auth N H Rev 5.5% 5.5 08/31/2051

    Other
    1.69%
  • 19

    Miami-Dade Cnty Fla Sea 5.5 01Oct56

    Other
    1.68%
  • 20

    Sc Pub Svc 5% 12/1/2044

    SC SCSUTL 5 12/01/20Utilities
    1.68%
  • 21

    Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A 5.25% 08-01-2049

    AZ YUMDEV 5.25 08/01Real Estate
    1.68%
  • 22

    Chicago Ill O 5.25% 01/61

    Other
    1.67%
  • 23

    New Jersey Transportation Trust Fund Authority 5 06/15/2055

    Other
    1.64%
  • 24

    Metropolitan 5% 07/46

    Other
    1.63%
  • 25

    Texas St Dept 4.85% 07/56

    Other
    1.59%
  • 26

    Texas Private Activity Bond Surface Transportation Corp., Nte Mobility Partners Segments 3 Llc Project 5

    TX TXSTRN 5 06/30/20Industrials
    1.56%
  • 27

    Puerto Rico Sales Tax Financing Corp Sa 5.000 07/01/2058

    PR PRCGEN 5 07/01/20Financials
    1.55%
  • 28

    Public Finance Authority 2062-07-01

    WI PUBEDU 5.75 07/01Financials
    1.54%
  • 29

    Mobile County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, Am/Ns Calvert Llc Project, Series 2024B

    AL MOBPOL 4.75 12/01Financials
    1.50%
  • 30

    Chiedu 5.000 12/01/46

    IL CHIEDU 5 12/01/20Consumer Discretionary
    1.44%
  • 31

    Denver City And County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A

    Other
    1.41%
  • 32

    State Of Illinois 4 54332Mm/Dd/Yyy

    IL ILS 4 10/01/2048Financials
    1.39%
  • 33

    Michigan St Fin Auth Revenue

    MI MISFIN 4 11/15/20Financials
    1.35%
  • 34

    California Educational Facilities Authority 5 05/01/2049

    CA CASEDU 5 05/01/20Financials
    1.33%
  • 35

    Chicago Il O'Hare Intl Arpt Rev 5.50%, Due 01/01/2048

    Other
    1.28%
  • 36

    WILL CNTY ILL 5% Nov 15, 2028

    Other
    1.26%
  • 37

    Miami-Dade Cnty Fla Av 5.25 01Oct55

    FL MIATRN 5.25 10/01Industrials
    1.26%
  • 38

    Puerto Rico Comwlth 4% 2046-07-01

    PR PRC 4 07/01/2046Financials
    1.23%
  • 39

    Gdb Debt Recovery Authority of Puerto Rico, 7.5% 20aug2040

    Other
    1.22%
  • 40

    Hawaii St Arpts Sys Rev 5.5 01Jul54

    Other
    1.03%
  • 41

    Aquarion Wtr Auth Ct Wtr Sys R Aquwtr 08/55 Zerocpnoid 0

    Other
    1.02%
  • 42

    Pasmed 5.000 12/15/46 5 2046-12-15

    Other
    1.00%
  • 43

    Cherry Creek School District 5, Arapahoe County, Colorado, General Obligation Bonds, Series 2024

    CO CHRSCD 5.25 12/15Financials
    0.97%
  • 44

    Geisinger Authority (geisinger Health System), Series 2020, Ref. Rb

    PA GEIMED 4 04/01/20Health Care
    0.95%
  • 45

    Regional Transportation District, Colorado, Private Activity Bonds, Denver Transit Partners Eagle P3

    Other
    0.94%
  • 46

    Colorado Health 5% 11/33

    Other
    0.88%
  • 47

    California Health Facilities Financing Authority 11/01/2047

    CA CASMED 5 11/01/20Health Care
    0.87%
  • 48

    Energy S E Al A Cooperative Di Esdpwr 11/37 Fixed 5.25

    Other
    0.87%
  • 49

    Pennsylvania 5.25% 11/38

    Other
    0.87%
  • 50

    Salt River Project Agricultural Improvement & Power District 5.5% 01/01/2057 5.5 2057-01-01

    Other
    0.87%
  • 51

    City Of Austin Tx Special Tax Revenue 5.5 11/15/2061

    Other
    0.86%
  • 52

    Ca Cmnty Choice-A-1 Frn 4/1/2056 2056-04-01

    Other
    0.86%
  • 53

    Chicago Il O Hare Internationa

    Other
    0.86%
  • 54

    Hillsborough 5% 11/40

    Other
    0.86%
  • 55

    Houston Tx Hotel Occupancy Tax Houfac 09/58 Fixed 5.5

    Other
    0.85%
  • 56

    Maryland St 5% 08/41

    Other
    0.85%
  • 57

    Massachusetts 5.5% 12/56 5.5

    Other
    0.85%
  • 58

    Anchorage Ak Port Revenue Anctrn 02/56 Fixed 5.5 5.5 02/01/2056

    Other
    0.84%
  • 59

    Great Lakes Wtr 5% 07/45

    Other
    0.84%
  • 60

    State Of Illinois 5 2042-09-01

    Other
    0.84%
  • 61

    Jefferson Cnty Al Swr Revenue 5.5 10-01-2053

    AL JEFUTL 5.5 10/01/Utilities
    0.84%
  • 62

    Kentucky Bond Development Corp 5.5 10/31/2056

    Other
    0.84%
  • 63

    Burbank Ill 6.25% 02/51

    Other
    0.82%
  • 64

    Florida Health Sciences Center Inc Obligated Group 5.25% 08-01-51 5.25 2051-08-01

    Other
    0.82%
  • 65

    Lehigh County General Purpose Authority Fx.Rt. Muni Bond

    Other
    0.81%
  • 66

    Oklahoma St Dev Fin Auth Hlthsys Revenue

    OK OKSMED 5.25 08/15Financials
    0.81%
  • 67

    Florida Development Finance Corp 5.25% 07/01/2053

    FL FLSDEV 5.25 07/01Financials
    0.79%
  • 68

    Indiana St Fin Aut 5% 06/01/53

    IN INDHSG 5 06/01/20Financials
    0.75%
  • 69

    Fx.Rt. Muni Bond 2055-05-01

    FL VGEDEV 4.8 05/01/Real Estate
    0.75%
  • 70

    Cash

    Other
    0.72%
  • 71

    Board Of Regents Of The University Of Texas System, Series 2024B 4% 2054-08-15

    TX UNIHGR 4 08/15/20Financials
    0.69%
  • 72

    Met Govt Nashville Davidsonc Methgr 07/43 Fixed 5 5

    Other
    0.68%
  • 73

    Colorado Health Facilities Authority

    CO COSMED 3 11/15/20Financials
    0.66%
  • 74

    New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2021A-1.

    NY NYSTRN 3 03/15/20Financials
    0.65%
  • 75

    California Municipal Fina 5.5 2046-09-01

    Other
    0.61%
  • 76

    Glsfac 4.000 01/01/54

    GA GLSFAC 4 01/01/20Consumer Discretionary
    0.46%
  • 77

    Chicago Ill 5.5% 11/66 5.5

    Other
    0.43%
  • 78

    Ny Convention Ctr 5 11/45

    Other
    0.43%
  • 79

    California St Muni Fin Auth Revenue

    CA CASFIN 5 12/31/20Financials
    0.41%
  • 80

    North Carolina Med Care Commn Retirement Facs Rev 5.625% 5.625 07/31/2061

    Other
    0.40%
  • 81

    Denver Co Hlth & Hosp Auth Cops

    Other
    0.39%
  • 82

    Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Reid Traditional School Projects, Series 2016

    Other
    0.37%
  • 83

    New York Transportation Development Corp 4.38% 10/01/2045

    NY NYTTRN 4.38 10/01Financials
    0.37%
  • 84

    Bethel, Mn Charter School Lease Rev. (Spectrum High School) 5 07/01/2059

    Other
    0.36%
  • 85

    City of Kalispell Mt

    Other
    0.36%
  • 86

    New York Transportation Development Corp 0% 12/31/2054

    NY NYTTRN 0 12/31/20Real Estate
    0.25%
  • 87

    Salt River Project Agricultural Improvement & Power District 5.25 01-01-2053

    AZ SALAGR 5.25 01/01Utilities
    0.00%