Macquarie Tax-Free USA Short Term ETF (STAX)
Macquarie Tax-Free USA Short Term ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.28, up 0.16% on the session, giving a market capitalisation of $6.3M. Its beta of 0.07 implies it has historically moved less than the broad market.
Ordinarily, the fund commits to deploying at least 80% of its total assets, including any capital acquired through borrowing for investment purposes, into financial instruments whose earnings are free from federal income tax, encompassing the federal alternative minimum tax. This fundamental investment principle is binding and requires prior shareholder approval for any modifications.
Macquarie Tax-Free USA Short Term ETF is most often compared with the following Financial Services names: