Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC), managed by FlexShares, is a fixed income ETF. 0.18% expense ratio, $8M AUM, 150 holdings, inception 2025.
ETF Overview
The Fund seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2045.For investors seeking a spend-down strategy to manage recurring expenses through distribution of tax-exempt monthly income and annual principal over a twenty-year time horizon.
The Fund seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2045.For investors seeking a spend-down strategy to manage recurring expenses through distribution of tax-exempt monthly income and annual principal over a twenty-year time horizon. Northern Trust 2045 Tax-Exempt Distributing Ladder ETF provides exposure to the fixed income market. The portfolio is well-diversified with 150 holdings.
Risk Metrics
The fund holds 150 positions, providing a moderate level of diversification. With $8M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
Expense Ratio
0.18%
Dividend Yield
0.00%
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What is Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC)?
The Fund seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2045.For investors seeking a spend-down strategy to manage recurring expenses through distribution of tax-exempt mon It holds 150 securities. With $8M in assets under management, it is a funds in its category.
What is the expense ratio for MUNC?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF has an expense ratio of 0.18%, which is considered low for fixed income ETFs. This means for every $10,000 invested, annual fees would be approximately $18. Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has MUNC been around?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by FlexShares.
What is the current NAV of MUNC?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF has a net asset value (NAV) of approximately $102.85 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Is MUNC a good investment?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF is a fixed income ETF with $8M in assets and 150 holdings. Fixed income ETFs generally provide more stable returns than equity funds but are sensitive to interest rate changes. When rates rise, bond prices typically fall, and vice versa. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.