X-Square Municipal Income ETF

The X-Square Municipal Income ETF is an exchange-traded fund designed to provide investors access to a diversified portfolio of municipal bonds. Its primary function is to offer income that is generally exempt from federal income tax, making it an attractive investment for individuals in higher tax brackets. The fund invests in high-quality municipal bonds issued by various state and local governments, which are used to finance public projects such as schools, highways, and hospitals. Notable features include its emphasis on maintaining a balance between yield and credit quality, ensuring investors benefit from steady income streams while mitigating risk. This ETF plays a significant role in the fixed-income market by providing liquidity and ease of access to the municipal bond market, which can often be fragmented and less liquid. By incorporating a broad array of municipal bonds, the X-Square Municipal Income ETF enables investors to achieve diversification within an asset class that supports essential public infrastructure projects across the United States.