Nomura National High-Yield Municipal Bond ETF (HTAX) Stock News

Macquarie Asset Management has launched the Macquarie National High-Yield Municipal Bond ETF (HTAX), expanding its active ETF platform. The new ETF shares the same yield-focused investment objective as their flagship high yield municipal bond mutual fund, managed by their Municipal Bond Team which oversees $11.8 billion in assets.

HTAX aims to provide tax-advantaged income and competitive risk-adjusted returns through an income-driven, risk-controlled approach. The fund leverages the expertise of Macquarie's Municipal Bond Team, whose platform includes 11 funds rated 5 stars by Morningstar. This launch represents Macquarie's second actively managed municipal bond ETF, following the Macquarie Tax-Free USA Short Term ETF (STAX).