Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND)
Northern Trust 2055 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 $96.41, down 1.00% on the session, giving a market capitalisation of $9.6M. Its beta of 0.18 implies it has historically moved less than the broad market.
This ETF is designed to deliver consistent payouts, derived from income that is exempt from regular federal income tax and/or a return of original capital, with its final distributions scheduled for 2055. It caters to investors seeking a structured plan to systematically draw down their investment, providing tax-advantaged monthly income and annual principal repayments, which can help manage recurring expenses over an approximate thirty-year period.
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF is most often compared with the following Financial Services names: