TAXTNorthern Trust Tax-Exempt Bond ETF

Get incomeNewRanked #808 of 1,622 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%

#275 of 5,562 · low cost

Fund Size

$60M

#3,407 of 5,562 · mid-size

Dividend YieldGoal

—

Track Record

10 months

#4,679 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,540+5.4%

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

Classification

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 = 8.3% of fund✓ well diversified

University of California

1.1%

Empire State Development Corp.

1.1%

New York State Thruway Authority

1.1%

City of San Francisco CA Public Utilities Commission Water Revenue

0.8%

California State University

0.8%

Green Lake Township Economic Development Corp.

0.8%

County of Clark NV

0.7%

Monroe County Industrial Development Corp.

0.6%

Metropolitan Atlanta Rapid Transit Authority

0.6%

Indianapolis Local Public Improvement Bond Bank

0.6%

Asset allocation

Bonds

99.8%

Cash

0.2%

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

4.9 years

Avg maturity

10.6 years

Credit ratings

AAA

19.9%

57.5%

19.9%

BBB

2.1%

Other

0.6%

Where to buy

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: Invests primarily in investment-grade municipal bonds exempt from federal income tax, following the ICE All Maturity Focused Municipal Bond Index. Uses a representative sampling strategy to manage the Fund, aiming to maintain an average maturity consistent with the Index.
Inception date: August 18, 2025
Fund family: Northern Trust