  The Be X-ray binary EXO 2030+375 was in an extended low luminosity state
during most of 2016. We observed this state with NuSTAR and Swift, supported by
INTEGRAL observations as well as optical spectroscopy with the NOT. We present
a comprehensive spectral and timing analysis of these data here to study the
accretion geometry and investigate a possible onset of the propeller effect.
The H-alpha data show that the circumstellar disk of the Be-star is still
present. We measure equivalent widths similar to values found during more
active phases in the past, indicating that the low-luminosity state is not
simply triggered by a smaller Be disk. The NuSTAR data, taken at a 3-78 keV
luminosity of ~6.8e35 erg/s (for a distance of 7.1 kpc), are well described by
standard accreting pulsar models, such as an absorbed power-law with a
high-energy cutoff. We find that pulsations are still clearly visible at these
luminosities, indicating that accretion is continuing despite the very low mass
transfer rate. In phase-resolved spectroscopy we find a peculiar variation of
the photon index from ~1.5 to ~2.5 over only about 3% of the rotational period.
This variation is similar to that observed with XMM-Newton at much higher
luminosities. It may be connected to the accretion column passing through our
line of sight. With Swift/XRT we observe luminosities as low as 1e34 erg/s
during which the data quality did not allow us to search for pulsations, but
the spectrum is much softer and well described by either a blackbody or soft
power-law continuum. This softer spectrum might be due to the fact that
accretion has been stopped by the propeller effect and we only observe the
neutron star surface cooling.
