Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB)
Northern Trust 2035 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 $97.31, up 0.00% on the session, giving a market capitalisation of $4.8M. Its beta of 0.15 implies it has historically moved less than the broad market.
This fund aims to deliver consistent payouts, which include income exempt from federal taxes and/or a return of principal, with distributions concluding in 2035. It is particularly suited for investors who seek a systematic approach to draw down their investment to cover ongoing expenses, achieving this by disbursing tax-advantaged monthly income alongside annual principal payments.
Northern Trust 2035 Tax-Exempt Distributing Ladder ETF is most often compared with the following Financial Services names: