ZTAX Distribution History & Yield

X-Square Municipal Income Tax Free ETF · NYSEArca

ETF Muni National Interm Quarterly payer
$25.03
-0.01% today
as of Sep 9, 2026
TTM yield
4.69%
$1.173/share over the last 12 months
Forward yield
8.76%
$2.192/share indicated annual rate
Annual distribution
$2.192
per share, forward
Per payment
$0.548
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Oct 1, 2026 Estimated
in 22 days
Next pay date
Oct 15, 2026
in 36 days
Last ex-distribution date
Jul 2, 2026
$0.548 per share
Expense ratio
0.92%
AUM 5.1M
Consistency
25/100
highly variable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
3.1
since Jul 20, 2023
1y total return
+5.6%
price +0.9% + distributions 4.7%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 1, 2026 (in 22 days) Oct 15, 2026 $0.548 $54.80 Estimated
Thu, Dec 31, 2026 (in 113 days) Jan 14, 2027 $0.548 $54.80 Estimated
Thu, Apr 1, 2027 (in 204 days) Apr 15, 2027 $0.548 $54.80 Estimated
Thu, Jul 1, 2027 (in 295 days) Jul 15, 2027 $0.548 $54.80 Estimated

Estimated dates and amounts are projected from ZTAX's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.192 per share.

Distribution payment history

Last 13 payments per share. RegularSpecial

Last 13 payments per share from Jul 20, 2023 to Jul 2, 2026; most recent $0.548$0.00$0.40$0.80Jul 20, 2023: $0.36Jul '23Sep 29, 2023: $0.204Jan 2, 2024: $0.582Jan '24Apr 1, 2024: $0.047Jul 1, 2024: $0.537Jul '24Oct 2, 2024: $0.069Jan 2, 2025: $0.537Jan '25Apr 2, 2025: $0.059Jul 2, 2025: $0.52Jul '25Oct 2, 2025: $0.059Jan 2, 2026: $0.507Jan '26Apr 2, 2026: $0.059Jul 2, 2026: $0.548Jul '26

Annual distributions per share

Annual dividend per share by calendar year, 2023 to 2026 (year to date)$0.00$0.75$1.502023: $0.564$0.56420232024: $1.235$1.23520242025: $1.175$1.17520252026 (YTD): $1.114$1.1142026 YTD

How much ZTAX do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month548$13,705$1,200
$500 / month2,738$68,526$6,000
$1,000 / month5,475$137,053$12,000

Based on the forward yield of 8.76%. $10,000 in ZTAX would currently pay about $876 a year ($73 a month on average). Model reinvestment and growth →

ZTAX distribution history

Download CSV
Ex-datePay dateAmountChange
Jul 2, 2026 $0.548 +828.8%
Apr 2, 2026 $0.059 -88.4%
Jan 2, 2026 $0.507 +759.3%
Oct 2, 2025 $0.059 -88.7%
Jul 2, 2025 $0.52 +781.4%
Apr 2, 2025 $0.059 -89.0%
Jan 2, 2025 $0.537 +678.3%
Oct 2, 2024 $0.069 -87.2%
Jul 1, 2024 $0.537 +1042.6%
Apr 1, 2024 $0.047 -91.9%
Jan 2, 2024 $0.582 +185.3%
Sep 29, 2023 $0.204 -43.3%
Jul 20, 2023 $0.36

Payout risk check

Distribution stabilityElevated risk

ZTAX's last 12 distributions were highly variable (consistency score 25/100).

Its share price moved +0.9% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About X-Square Municipal Income Tax Free ETF

Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes, if any) in tax-exempt municipal securities, the income from which is exempt from both federal and state income tax. The adviser expects to invest up to 100% of its assets in tax-exempt municipal securities issued by Puerto Rico, Guam and the U.S. Virgin Islands. Municipal securities may be of any maturity, duration or credit rating including those rated below investment grade (commonly known as “junk bonds”). The fund is non-diversified.

Fund family: Xsquare Capital. Category: Muni National Interm. First distribution on our records: Jul 20, 2023. 13 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

ZTAX distribution FAQ

When is ZTAX's next ex-distribution date?

ZTAX's next ex-distribution date is Oct 1, 2026 (in 22 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.548 per share, expected on Oct 15, 2026.

How often does ZTAX pay distributions?

ZTAX pays distributions every quarter, 4 times a year. The most recent payment was $0.548 per share with an ex-date of Jul 2, 2026.

What is ZTAX's distribution yield?

ZTAX's trailing 12-month distribution yield is 4.69%, based on $1.173 per share paid over the last year and a share price of $25.03. The forward yield, using the indicated annual rate of $2.192 per share, is 8.76%.

How much does ZTAX pay per share?

ZTAX pays about $0.548 per share each quarter, which works out to roughly $2.192 per share a year. 100 shares would collect about $219.20 a year.

Has ZTAX grown or cut its distribution?

Over the last year the regular payout changed -1.0%. As a fund, ZTAX's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of ZTAX do I need to earn $100 a month?

At the current forward yield of 8.76%, you would need about 548 shares of ZTAX (roughly $13,705 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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