STAX
Nomura Tax-Free USA Short Term ETF
Nomura ETF Trust
ETF

Portfolio concentration

As of March 31, 2026 · N-PORT
Holdings
50
Top-10 weight
31.30%
Effective holdings ?
43
Crowding ?
13.9

Holdings

As of March 31, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 Housing & Redevelopment Authority of The City of St Paul Minnesota, Series 2017A 240,000 $242.21K 3.83%
2 City of Chicago Waterworks, Series 2004 CHIWTR 235,000 $238.19K 3.76%
3 State of Texas, Series 2018 220,000 $221.52K 3.50%
4 Port Authority of New York & New Jersey, Series 246 185,000 $200.33K 3.17%
5 NYC MUNI WTR-AA3-ADJ 200,000 $200.00K 3.16%
6 Pittsburgh Water & Sewer Authority, Series 2017A 185,000 $190.96K 3.02%
7 New Hampshire Business Finance Authority, Series 2021 175,000 $176.20K 2.78%
8 MONT PA HR ED 5% 9/1/2029 160,000 $169.43K 2.68%
9 Arizona Industrial Development Authority, Series 2022A 160,000 $168.19K 2.66%
10 Colorado Educational & Cultural Facilities Authority, Series 2014 165,000 $164.09K 2.59%
11 LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 150,000 $161.62K 2.55%
12 New Jersey Transportation Trust Fund Authority, Series 2019BB 150,000 $158.66K 2.51%
13 MAIN STR NAT GA 5% 12/1/2052 MT MAIUTL 150,000 $156.55K 2.47%
14 IL CHIEDU 5.25 12/01/2030 CHIEDU 150,000 $156.38K 2.47%
15 Commonwealth Financing Authority, Tobacco Master Settlement Payment CMNGEN 150,000 $155.85K 2.46%
16 City of Chaska, Series 2015A 155,000 $155.60K 2.46%
17 Colorado Health Facilities Authority, Series 2017A 150,000 $153.72K 2.43%
18 New York Transportation Development Corp., Series 2022 140,000 $150.74K 2.38%
19 DENVER CO ARPT 5.25% 11/15/2026 140,000 $142.12K 2.25%
20 AUGUSTA GA DEV AUTH R 135,000 $140.47K 2.22%
21 State of Connecticut, Series 2018E 130,000 $137.76K 2.18%
22 DETROIT MI REGD B/E 5.00000000 130,000 $134.15K 2.12%
23 LOWER AL GAS DIST GAS 125,000 $130.26K 2.06%
24 OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE 125,000 $128.42K 2.03%
25 COMMONSPIRIT HEALTH OBL 110,000 $116.60K 1.84%
26 New York City Municipal Water Finance Authority, Series 2026DD 100,000 $112.38K 1.78%
27 REGL CO TRANSPRTN DIST PRIV ACTIVITY REVENUE 100,000 $106.32K 1.68%
28 State of Illinois, Series 2019B 100,000 $105.90K 1.67%
29 RESTRUCTURED-SER A1 PRC 100,000 $105.62K 1.67%
30 California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB CCEDEV 100,000 $105.55K 1.67%
31 ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE 100,000 $105.10K 1.66%
32 WA ST HLTH CARE FACS 100,000 $104.42K 1.65%
33 New York (City of), NY Industrial Development Agency (Yankee Stadium), Series 2020, Ref. RB 100,000 $103.04K 1.63%
34 Utility Debt Securitization Authority, Series 2016A 100,000 $100.46K 1.59%
35 COLORADO ST HLTH FACS 100,000 $100.23K 1.58%
36 Maricopa County Industrial Development Authority, Series 2020A 100,000 $99.78K 1.58%
37 BLACK BELT ENERGY GAS VAR BBEUTL 95,000 $99.69K 1.58%
38 Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1 90,000 $95.39K 1.51%
39 Texas Department of Housing & Community Affairs, Series 2022B 85,000 $93.53K 1.48%
40 Virginia Public Building Authority, Series 2021A1 85,000 $93.07K 1.47%
41 CA ST MFA REV 5% 7/1/2029 CASFIN 90,000 $91.61K 1.45%
42 State of New Jersey, Series 2020A 75,000 $80.61K 1.27%
43 Cumberland County Municipal Authority, Series 2019 75,000 $77.36K 1.22%
44 State of Illinois, Series 2021A 65,000 $69.65K 1.10%
45 NY MTA TRANSP 5% 11/15/2030 60,000 $62.54K 0.99%
46 New York Transportation Development Corp., Series 2018 60,000 $61.79K 0.98%
47 Ohio Housing Finance Agency 50,000 $55.16K 0.87%
48 TX PRIVATE ACTIVITY-A 50,000 $52.95K 0.84%
49 Tarrant County Cultural Education Facilities Finance Corp., Series 2016 40,000 $39.54K 0.62%
50 Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt Univ Medical Center) 25,000 $25.13K 0.40%

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