TAXINorthern Trust Intermediate Tax-Exempt Bond ETF

Get incomeNewRanked #649 of 1,628 in this goal

Seeks investment results that correspond generally to the price and yield performance of the ICE Intermediate Term Focused Municipal Bond Index.

By Northern Trust · Launched 2025

Annual Cost

0.05%

#275 of 5,573 · low cost

Fund Size

$144M

#2,599 of 5,573 · mid-size

Dividend YieldGoal

—

Track Record

10 months

#4,684 of 5,573 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,429+4.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

BITA Pure Drone and Aerial Automation Index

What it actually holds

By weight

Concentration

Top 10 holdings = 2.9% of fund✓ well diversified

Clark County School District

0.4%

New Jersey Transportation Trust Fund Authority

0.3%

State of Maryland

0.3%

Idaho Housing & Finance Association

0.3%

State of Maryland Department of Transportation

0.3%

Louisiana Local Government Environmental Facilities & Community Development Auth

0.3%

University of California

0.3%

Southeast Energy Authority A Cooperative District

0.3%

Energy Southeast A Cooperative District

0.3%

Southeast Energy Authority A Cooperative District

0.3%

Asset allocation

Bonds

99.7%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-2.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.9 years

Avg maturity

10.8 years

Credit ratings

AAA

20.7%

59.3%

18.1%

BBB

1.4%

Other

0.4%

Listing

Exchange: NASDAQ Global Market, NASDAQ Global Select Market

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield performance of the ICE Intermediate Term Focused Municipal Bond Index.
Strategy: Invests primarily in investment-grade municipal bonds with maturities of less than 15 years, as determined by the ICE Intermediate Term Focused Municipal Bond Index. Uses a passive indexing approach to replicate the index's performance, generally reconstituting its portfolio accordingly.
Inception date: August 18, 2025
Fund family: Northern Trust