ZTAX ETF Profile

Family:	X-Square ETF
Name:	X-Square Municipal Income Tax Free ETF

Inception Date:	19-May-2023
Termination Date:
Investment Objective:	X-Square Municipal Income ETF seeks to provide income exempt from federal income tax. The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a non-diversified portfolio of U.S. dollar-denominated municipal securities issued by Puerto Rico, Guam and the U.S. Virgin Islands.

Prospectus

Top 10 Holdings
	Top 10 Holdings Weight:

Number of Holdings:
Shares Outstanding:	154,000
Total Net Assets:	4,087,930
NAV:	26.10
Net Expense Ratio:	1.10%

Asset Class:	Bonds
Developed or Emerging:	Developed Market Funds
Country:	US
Region:
Strategy:
Currency:
Commodity:
Sector:
Industry:
Dividend Type:
Tax Exempt State:	Municipal - National
Maturity Duration:	Fund Holds All Maturity Ranges
Market Cap:
Credit Quality:	Fund Holds Both Investment Grade & High Yield
Mortgage Bond Types:
Bond Type:	Municipal
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged:	No
US or Ex-US:	Domestic