Northern Trust 2036 Tax-Exempt Distributing Ladder ETFNorthern Trust 2036 Tax-Exempt Distributing Ladder ETFNorthern Trust 2036 Tax-Exempt Distributing Ladder ETF

Northern Trust 2036 Tax-Exempt Distributing Ladder ETF

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Key stats


Assets under management (AUM)
‪5.00 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.02%
Shares outstanding
‪50.00 K‬
Expense ratio
0.18%

Fund info


Brand
Northern Trust
Inception date
Aug 25, 2026
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Passive
Dividend treatment
Distributes
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Northern Funds Distributors LLC
ISIN
US66516K5092
CUSIP
66516K509
FIGI
BBG024NX8663
Identifiers
ISIN US66516K5092
The Fund seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2036.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Intermediate
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal100.00%
Top 10 holdings

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MUNF trades at 99.97 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on MUNF price chart.
MUNF assets under management is ‪5.00 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MUNF fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MUNF invests in bonds. See more details in our Profile section.
MUNF expense ratio is 0.18%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MUNF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, MUNF doesn't pay dividends to its holders.
MUNF trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MUNF shares are issued by Northern Trust Corp.
MUNF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 25, 2026.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.