ZTAX was created on 2023-05-19 by X-Square. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 4.55m in AUM and 15 holdings. ZTAX 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.