STAX Stock Fund Price and Chart — AMEX:STAX

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The STAX Nomura Tax-Free USA Short Term ETF (AMEX:STAX) aims to provide a high level of current interest income exempt from federal income tax by investing in short-duration municipal debt obligations, primarily with investment-grade ratings. The fund, managed by Nomura Asset Management USA, Inc., incorporates ESG sustainability scores in its selection process and may hold up to 20% in junk bonds. As of the article’s data, its assets under management are $5.78 million USD, with a dividend yield of 3.01% and an expense ratio of 0.29%.

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