Northern Trust Tax-Exempt Bond ETF (TAXT)
Northern Trust Tax-Exempt Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $51.00, up 0.12% on the session, giving a market capitalisation of $14.3M. Its beta of 0.15 implies it has historically moved less than the broad market.
This passively managed ETF is designed for investors seeking tax-exempt income from investment-grade municipal bonds. Its primary goal is to closely track the price and yield performance, before fees and expenses, of the ICE All Maturity Focused Municipal Bond Index. The fund offers broad market exposure by including municipal bonds across the full range of maturities.
Northern Trust Tax-Exempt Bond ETF is most often compared with the following Financial Services names: