Nomura Tax-Free USA ETF (LTAX) Dividend Yield, History & Forecast
Nomura Tax-Free USA ETF (LTAX) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. The most recent ex-dividend date was May 29, 2026, with payment scheduled for June 4, 2026. market capitalization is approximately $6M.
Frequently Asked Questions about Nomura Tax-Free USA ETF (LTAX)
When does Nomura Tax-Free USA ETF pay distributions?▾
The most recent ex-dividend date was May 29, 2026. The next scheduled dividend payment date is June 4, 2026.
What does Nomura Tax-Free USA ETF invest in?▾
LTAX is actively managed and invests in securities exempt from federal income tax, including the federal alternative minimum tax (Federal AMT). It primarily holds municipal debt obligations issued by state and local governments for public purposes such as hospitals, schools, and capital expenses. Up to 20% of the portfolio may be allocated to high-yield debt securities. The fund aims to maintain a dollar-weighted average effective maturity of 5 to 30 years. Income levels may vary with interest rates and portfolio composition. The fund may concentrate on holdings in specific municipal bond...
