Macquarie Tax-Free USA Short Term ETF (STAX)
ARCA ARCA Primary Summary
STAX Chart
January 2025 STAX: NVDA, PLTR & AVGO DeepSeek Dip Buys, Bearish RSI
@CharlesSchwab's Joe Mazzola says there were two stories to January's STAX report: pullback on risk appetite in the first half of the month, followed by DeepSeek dip-buying. He points to Nvidia (NVDA), Palantir (PLTR) and Broadcom (AVGO) as the biggest buys of the month.
Dec. 2024 STAX: NVDA, TSLA & PLTR Big Buys, MSTR in Top 10
The @CharlesSchwab December 2024 STAX report showed that Nvidia (NVDA), Palantir (PLR) and Tesla (TSLA) topped trader buy lists for the month. Microstrategy (MSTR) offered a showing for crypto by appearing in the top 10.
@CharlesSchwab STAX Report: NVDA Buys, TSLA Sells & Investor "Derisking"
@CharlesSchwab's Joe Mazzola breaks down the latest STAX report, which had the greatest score decrease since June 2022. What does that mean for the market?
Macquarie Tax-Free USA Short Term ETF (STAX) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Macquarie Tax-Free USA Short Term ETF ever had a stock split?
Macquarie Tax-Free USA Short Term ETF Profile
| ARCA Exchange | US Country |
Overview
The company is structured as an Exchange-Traded Fund (ETF) focusing on providing investors with the opportunity to invest in a portfolio whose income is exempt from federal income tax, including the federal alternative minimum tax. This strategic approach allows for a unique investment opportunity, particularly appealing to individuals looking to optimize their tax savings while investing in the bond market. The ETF's policy mandates that at least 80% of its net assets, along with any borrowings for investment purposes, are invested in tax-exempt securities. This commitment underscores the ETF's fundamental investment focus and provides a clear guideline for potential investors regarding the ETF’s operational and investment strategy. It is important to note that such a fundamental investment policy is entrenched in the company’s structure, meaning it cannot be altered without prior approval from the shareholders, ensuring a level of consistency and security for investors.
Products and Services
- Tax-Exempt Securities Investment
- Portfolio Management
- Shareholder Voting Rights
At the core of the ETF's offerings is the investment in securities that generate income exempt from federal income tax, including the federal alternative minimum tax. This service appeals to investors seeking to minimize their federal tax liability while still earning income from their investments. The ETF's strategy involves a thorough selection process to ensure that investments adhere to the tax-exempt status, providing a streamlined and efficient investment avenue for tax-conscious investors.
Beyond just the selection of tax-exempt securities, the ETF offers comprehensive portfolio management services. This includes the active management of the portfolio to adapt to changing market conditions while still aligning with the fundamental investment policy of maintaining at least 80% of assets in tax-exempt securities. Portfolio management also encompasses risk assessment and mitigation strategies to protect investor capital, aiming to achieve a balanced return on investment that is adjusted for tax efficiency and risk.
A vital aspect of the ETF's structure is the involvement of its shareholders in significant policy decisions, specifically the fundamental investment policy concerning the focus on tax-exempt securities. Shareholders are given voting rights to approve any changes to this policy, ensuring that any major strategic shift aligns with investor interests and sentiments. This empowers the investors, giving them a say in the ETF's long-term strategy and maintaining transparency and accountability in the ETF’s operations.
