MUNC ETF

MUNC ETF
$97.47
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Fund Essentials - as of Oct 1, 2026

Net Assets
$8M
Expense Ratio
0.18%
Dividend Yield (Current)
3.39%
Holdings
156
Inception Date
Feb 28, 2025
Fund Family
Northern Trust Asset Management
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-3.81%
1 Year-2.14%

Asset Allocation

Bonds: 96.72%
Cash: 3.28%
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Top Holdings

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TickerNameWeight
NY UTLUTL 5 12/15/20Utility Debt Securitization Authority 5 12/15/20293.43%
-Ca Losutl 5 07/01/20283.32%
-Cash3.28%
-Baltimore Cnty Md Go Ref Bds 2024 24/Jul/20242.01%
-Ferris St Univ Mich Rev Gen Bds 2025A 19/Feb/20251.83%
Top 10 Concentration: 21.09%Report Date: Oct 1, 2026
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Dividend Summary

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Dividend Yield (Current)
3.39%
Frequency
Monthly
Latest Distribution
$0.28
Sep 1, 2026
12M Distributions
11 payments
Total: $3.01

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

MUNC ETF Overview

MUNC ETF (Northern Trust 2045 Tax-Exempt Distributing Ladder ETF) is managed by Northern Trust Asset Management with $7.8M in net assets. MUNC expense ratio is 0.18%, holding 156 positions across sectors including Financials, Utilities, Industrials. Inception date: 2025-02-28.

MUNC performance shows a YTD return of -3.81%. The 1-year return is -2.14%. MUNC dividend yield stands at 3.39%, paid monthly.

MUNC top holdings include Utility Debt Securitization Authority 5 12/15/2029 (3.4%), Ca Losutl 5 07/01/2028 (3.3%), Cash (3.3%), Baltimore Cnty Md Go Ref Bds 2024 24/Jul/2024 (2.0%), Ferris St Univ Mich Rev Gen Bds 2025A 19/Feb/2025 (1.8%). Go to all MUNC holdings, MUNC sectors, or MUNC dividends.

MUNC can be compared against other funds. Use MUNC overlap to find shared positions, or MUNC vs another fund for a side-by-side view. MUNC alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-3.41%
YTD
-3.81%
1 Year
-2.14%
3 Year
N/A

Top 10 Holdings (21.1% of portfolio)

#TickerNameSectorWeight
1NY UTLUTL 5 12/15/20Utility Debt Securitization Authority 5 12/15/2029Utilities3.43%
2-Ca Losutl 5 07/01/2028Other3.32%
3-CashOther3.28%
4-Baltimore Cnty Md Go Ref Bds 2024 24/Jul/2024Other2.01%
5-Ferris St Univ Mich Rev Gen Bds 2025A 19/Feb/2025Other1.83%
6-Cook Etc Il Ccd 5% 12/1/2026 0.05 2026-12-01Other1.49%
7-Seattle Wash Museum Dev Auth Spl Oblig Ref BdsOther1.46%
8-LAKE CNTY ILL CMNTY CONS SCH DIST NO 046 GRAYSLAKE 5% 11/01/2034Other1.44%
9-PAWTUCKET R I REDEV AGY DESIGNATED BASELINE TAXES APPROPRIATION REV 5% 06/15/2033Other1.44%
10-Round Rock Tex Indpt Sch Dist Unltd Tax Bldg Bds 5 08/01/2036Other1.39%