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Beacon

TAXTNorthern Trust Tax-Exempt Bond ETF

Get incomeNewRanked #769 of 1,650 in this goal

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

By Northern Trust · Launched 2025

Annual Cost

0.05%

#131 of 5,861 · low cost

Fund Size

$61M

#3,445 of 5,861 · mid-size

Dividend YieldGoal

—

Track Record

12 months

#4,575 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,438+4.4%

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

ICE All Maturity Focused Municipal Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.6% of fund✓ well diversified

New York City Municipal Water Finance Authority
0.7%
City of New York NY
0.6%
University of California
0.6%
Empire State Development Corp.
0.5%
New York State Thruway Authority
0.5%
City of San Francisco CA Public Utilities Commission Water Revenue
0.4%
California State University
0.4%
County of Clark NV
0.4%
Southeast Energy Authority A Cooperative District
0.3%
Monroe County Industrial Development Corp.
0.3%

Asset allocation

Bonds
99.4%
Cash
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-2.5%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

5.0 years

Avg maturity

10.6 years

Credit ratings

AAA
19.9%
AA
57.5%
A
19.9%
BBB
2.1%
Other
0.6%

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks investment results that correspond generally to the price and yield performance of the ICE All Maturity Focused Municipal Bond Index.
Strategy
Employs a passive indexing approach to track the investment-grade segment of the U.S. municipal bond market, investing primarily in bonds exempt from federal income tax. The Fund uses representative sampling to manage its portfolio, aiming to maintain an average maturity consistent with the Underlying Index.
Inception date
August 18, 2025
Fund family
Northern Trust

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Data updated on 2026-08-04