Northern Trust 2030 Tax-Exempt Distributing Ladder ETF (MUNA)
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $98.53, up 0.00% on the session, giving a market capitalisation of $4.9M. Its beta of 0.04 implies it has historically moved less than the broad market.
This Fund aims to deliver a steady stream of payments, consisting of income that is exempt from regular federal taxation and/or segments of the original capital, with the final distributions occurring by 2030. It is tailored for individuals who wish to systematically draw down their investments to cover ongoing financial commitments, by receiving federally tax-free income monthly and annual principal disbursements over a five-year period.
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF is most often compared with the following Financial Services names: