X-Square Municipal Income ETF (ZTAX)

Assets	$4.56M
Expense Ratio	0.92%
PE Ratio	n/a
Shares Out	179,000
Dividend (ttm)	$1.15
Dividend Yield	4.50%
Ex-Dividend Date	Jan 2, 2026
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	836
Open	25.63
Previous Close	25.38
Day's Range	25.49 - 25.70
52-Week Low	23.40
52-Week High	28.34
Beta	0.27
Holdings	15
Inception Date	May 19, 2023

About ZTAX

Fund Home Page

The X-Square Municipal Income ETF (ZTAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated municipal securities that are exempt from US federal, state, and local taxes. Securities could be of any maturity or credit quality issued by Puerto Rico, Guam and the US Virgin Islands ZTAX was launched on May 19, 2023 and is issued by X-Square Capital.

• Asset Class: Fixed Income
• Category: Muni National Interm
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: ZTAX
• ETF Provider: X-Square Capital

Dividend History

Ex-Dividend	Amount	Pay Date
Jan 2, 2026	$0.5072	Jan 5, 2026
Oct 2, 2025	$0.0594	Oct 3, 2025
Jul 2, 2025	$0.5197	Jul 7, 2025
Apr 2, 2025	$0.0594	Apr 4, 2025
Jan 2, 2025	$0.5365	Jan 3, 2025
Oct 2, 2024	$0.069	Oct 3, 2024

Performance

ZTAX had a total return of 0.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.39%.