MUNC
·ARCA
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Key Stats
Assets Under Management
10.29MUSD
Fund Flows (1Y)
--
Dividend Yield
1.15%
Discount/Premium to NAV
-0.00%
Shares Outstanding
100.00K
Expense Ratio
0.18%
About Northern Trust 2045 Tax-Exempt Distributing Ladder ETF
Issuer
Northern Trust
Brand
Northern Trust
Inception Date
Aug 18, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
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
MUNC seeks to achieve its investment objective by employing a "laddered" bond strategy, pursuant to which the Fund will invest in debt instruments that pay interest that is exempt from regular federal income tax with different maturity dates (or "rungs") through the year 2045 (the "terminal year"). Generally, NTI implements the Fund's laddered bond strategy by investing the Fund's assets in approximately equal proportions (as measured by par value) across the existing rungs at the time of investment to provide periodic distributions to investors in the form of income and/or principal (based upon par value of the underlying bonds) each year through the terminal year. The Fund will initially be comprised of 20 rungs with clusters of maturities throughout 2026 and each subsequent year through 2045.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Long-Term
Strategy
Active
Geography
--
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.89% | +1.05% | +0.66% | +3.27% | +3.27% | +3.27% |
NAV Total Return | +1.22% | +2.02% | +0.65% | — | — | — |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
UTILITY DEBT SECURITIZATION AUTH N Y RESTRUCTURING
2.64%
SUN PRAIRIE WIS GO PROM NTS 2025A 27/AUG/2025
2.61%
LOS ANGELES CALIF DEPT WTR & PWR REV SYS BDS 2021
2.57%
BALTIMORE CNTY MD GO REF BDS 2024 24/JUL/2024
2.55%
WAKE CNTY N C GO REF BDS 2024B 11/JUN/2024
2.47%
NEW JERSEY ST TRANSN TR FD AUTH PROG BDS 2022 BB
2.13%
MANHATTAN KANS GO BDS 2025-A 12/JUN/2025
2.08%
SEATTLE WASH MUSEUM DEV AUTH SPL OBLIG REF BDS
2.04%
CASH
2.01%
CENTRAL FLA TOURISM OVERSIGHT DIST AD VALOREM TAX
1.51%
Top 10 Weight 22.61%
178 Total Holdings
Is SPY better than MUNC?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-19 | 2025-12-19 | 2025-12-26 | 0.272 |
| 2025-12-01 | 2025-12-01 | 2025-12-05 | 0.263 |
| 2025-11-03 | 2025-11-03 | 2025-11-07 | 0.272 |
| 2025-10-01 | 2025-10-01 | 2025-10-07 | 0.270 |
| 2025-09-02 | 2025-09-02 | 2025-09-08 | 0.108 |
How Much Does MUNC Pay in Dividends?
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Should I buy MUNC?
Fund Flows
Inflows
Outflows
1M
