MUND Northern Trust 2055 Tax-Exempt Distributing Ladder ETF
Quote as of Oct 09, 2026 16:24 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 96.97 | Day Range | 97.03 – 97.18 |
| 52-Week Range | 95.25 – 107.17 | Volume | 1.14K |
| Avg Volume | 955 | AUM | $3.9M (Oct 10, 2026) |
| Expense Ratio | 0.18% | Yield (TTM) | 3.81% |
| NAV | 96.35 | Premium/Discount | +0.86% indicative |
| Inception | Aug 18, 2025 | Holdings | 98 |
| Issuer | FlexShares | Exchange | AMEX |
| Category | Bonds | Index Tracked | Not stated in source data |
| CUSIP | 665162152 | ISIN | US6651621525 |
| Management | Not stated in source data | ||
About this ETF
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.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.81% | -5.61% | -5.70% | -5.84% | -5.33% | — | — | — | -3.05% |
| Total return | -1.81% | -5.29% | -4.45% | -3.75% | -2.34% | — | — | — | +0.43% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.18% | Annual cost of a $10,000 investment | $18.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 98 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CASH | — | 5.42% | 209.99K | $210.0K |
| 2 | GREER S C CORP FORGREER INSTALLMENT PUR REV BDS | — | 2.19% | 90.00K | $84.9K |
| 3 | CLAY JACKSON & PLATTE CNTYS MO CONS PUB… | — | 1.78% | 65.00K | $68.8K |
| 4 | NORTH TEX TWY AUTH REV SYS REF FIRST TIER BDS… | — | 1.77% | 65.00K | $68.6K |
| 5 | UTAH ST MUN PWR AGY PWR SUPPLY SYS REV REF BDS | — | 1.77% | 65.00K | $68.5K |
| 6 | RHODE IS HEALTH & EDL BLDG CORP PUB SCHS… | — | 1.77% | 65.00K | $68.5K |
| 7 | TRI-ST FIRE PROTN DIST ILL GEN OBLIG BDS 2026 | — | 1.76% | 65.00K | $68.3K |
| 8 | UNIVERSITY SOUTH ALA UNIV REVS FACS BDS 2021 | — | 1.76% | 65.00K | $68.0K |
| 9 | ILLINOIS ST UNIV REVS AUXILIARY FACS SYS REF BDS | — | 1.75% | 65.00K | $67.9K |
| 10 | OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK… | — | 1.74% | 65.00K | $67.6K |
| 11 | JONESBORO ARK CITY WTR & LT PLT PUB UTIL… | — | 1.74% | 65.00K | $67.4K |
| 12 | GRAND RAPIDS MICH PUB SCHS GEN OBLIG UNLTD TAX… | — | 1.73% | 65.00K | $67.1K |
| 13 | GEORGIA ST HIGHER ED FACS AUTH REV BDS 2026B | — | 1.73% | 65.00K | $67.0K |
| 14 | REGIONAL TRANSN DIST COLO CTFS PARTN COPS 2020 | — | 1.72% | 65.00K | $66.5K |
| 15 | OUACHITA PARISH LA EAST OUACHITA PARISH SCH DIST | — | 1.71% | 65.00K | $66.3K |
| 16 | HUNTSVILLE ALA GEN OBLIG WTS 2026 C 26/MAR/2026 | — | 1.70% | 65.00K | $65.9K |
| 17 | WISCONSIN ST GO BDS 2024A 28/FEB/2024… | — | 1.69% | 65.00K | $65.6K |
| 18 | SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ… | — | 1.69% | 65.00K | $65.4K |
| 19 | CLARK CNTY NEV SCH DIST LTD TAX GEN OBLIG BLDG… | — | 1.69% | 65.00K | $65.4K |
| 20 | MANATEE CNTY FLA SCH BRD CTFS PARTN COPS 2026A | — | 1.68% | 65.00K | $65.2K |
| 21 | OWENSBORO-DAVIESS CNTY KY REGL WTR RES AGY | — | 1.68% | 65.00K | $65.1K |
| 22 | AKRON-SUMMIT CNTY OHIO PUB LIBR UNLTD TAX GEN | — | 1.68% | 65.00K | $65.0K |
| 23 | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV… | — | 1.67% | 65.00K | $64.8K |
| 24 | GREAT LAKES WTR AUTH MICH SEW DISP SYS REV BDS | — | 1.66% | 65.00K | $64.2K |
| 25 | DALLAS CNTY TEX CTFS OBLIG 2026 15/JUN/2026 | — | 1.65% | 65.00K | $63.8K |
| 26 | METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY… | — | 1.63% | 65.00K | $63.2K |
| 27 | NORTH TEX MUN WTR DIST TEX REGL WASTEWTR SYS | — | 1.61% | 65.00K | $62.4K |
| 28 | NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED | — | 1.59% | 65.00K | $61.6K |
| 29 | ROCK ISLAND CNTY ILL SCH DIST NO 040 MOLINE… | — | 1.49% | 55.00K | $57.8K |
| 30 | EAST BATON ROUGE LA SEW COMMN REV REF BDS 2019 B | — | 1.48% | 55.00K | $57.5K |
| 31 | ARIZONA BRD REGENTS UNIV ARIZ SYS REV BDS 2026B | — | 1.42% | 55.00K | $55.0K |
| 32 | MASSACHUSETTS ST DEV FIN AGY REV BDS 2025 A-2 | — | 1.38% | 50.00K | $53.7K |
| 33 | ELKHART IND CMNTY SCHS BLDG CORP FIRST MTG BDS | — | 1.36% | 50.00K | $52.7K |
| 34 | INDIANAPOLIS IND LOC PUB IMPT BD BK BDS 2021A | — | 1.36% | 50.00K | $52.6K |
| 35 | PORT HURON MICH SEW DISP REV SYS BDS 2026 | — | 1.34% | 50.00K | $51.9K |
| 36 | NEW HAMPSHIRE MUN BD BK BDS 2020 A 13/FEB/2020 | — | 1.34% | 50.00K | $51.8K |
| 37 | YORK CNTY S C SCH DIST NO 4 FORT MILL GO ADV REF | — | 1.32% | 50.00K | $51.1K |
| 38 | MESQUITE TEX INDPT SCH DIST UNLTD TAX REF BDS… | — | 1.32% | 50.00K | $51.1K |
| 39 | FOX VY TECHNICAL COLLEGE DIST WIS GO PROM NTS | — | 1.29% | 50.00K | $50.0K |
| 40 | TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE | — | 1.28% | 50.00K | $49.6K |
| 41 | HARRIS CNTY TEX REF BDS 2025 A 19/AUG/2025 | — | 1.19% | 45.00K | $46.2K |
| 42 | CAPE CORAL FLA SPL OBLIG REV BDS 2026… | — | 1.10% | 40.00K | $42.6K |
| 43 | MARYLAND ST GO LOC FACS LN BDS 2025 FIRST A | — | 0.96% | 35.00K | $37.1K |
| 44 | NEW YORK ST TWY AUTH ST PERS INCOME TAX REV BDS | — | 0.94% | 35.00K | $36.3K |
| 45 | NEW MEXICO FIN AUTH REV SR LIEN PUB PROJ… | — | 0.91% | 35.00K | $35.3K |
| 46 | DISTRICT COLUMBIA GO BDS 2024A 02/OCT/2024 | — | 0.90% | 35.00K | $34.7K |
| 47 | DISTRICT COLUMBIA INCOME TAX REV SECD BDS 2026A | — | 0.89% | 35.00K | $34.6K |
| 48 | METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD | — | 0.89% | 35.00K | $34.4K |
| 49 | PITTSBURGH PA WTR & SWR AUTH WTR & SWR… | — | 0.88% | 35.00K | $33.9K |
| 50 | ILLINOIS ST GO BDS SEPTEMBER 2025 C 11/SEP/2025 | — | 0.81% | 30.00K | $31.6K |
| 51 | SNOHOMISH CNTY WASH SCH DIST NO 015 EDMONDS… | — | 0.78% | 30.00K | $30.2K |
| 52 | UNIVERSITY CALIF REVS GEN BDS 2025 CC… | — | 0.77% | 30.00K | $30.0K |
| 53 | TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE | — | 0.77% | 30.00K | $30.0K |
| 54 | KING CNTY WASH SWR REV REF BDS 2026 A… | — | 0.77% | 30.00K | $29.7K |
| 55 | OMAHA PUB PWR DIST NEB ELEC REV SYS BDS 2026A | — | 0.76% | 30.00K | $29.5K |
| 56 | OMAHA PUB PWR DIST NEB ELEC REV SYS BDS 2023B | — | 0.69% | 25.00K | $26.8K |
| 57 | FLORIDA ST RT OF WAY ACQUISITION BRDG CONSTR BDS | — | 0.66% | 25.00K | $25.5K |
| 58 | PEACE RIVER/MANASOTA REGL WTR SUPPLY AUTH FLA… | — | 0.66% | 25.00K | $25.4K |
| 59 | KING & SNOHOMISH CNTYS WASH SCH DIST NO 417 | — | 0.65% | 25.00K | $25.3K |
| 60 | OKLAHOMA CAP IMP AUTH ST HWY CAP IMPT REV BDS | — | 0.64% | 25.00K | $25.0K |
| 61 | COLORADO SPRINGS COLO UTILS REV SYS BDS 2025 A | — | 0.64% | 25.00K | $24.9K |
| 62 | ARGYLE TEX INDPT SCH DIST UNLTD TAX BLDG BDS… | — | 0.64% | 25.00K | $24.9K |
| 63 | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV… | — | 0.64% | 25.00K | $24.8K |
| 64 | TUSCALOOSA ALA GO WTS 2025 B 26/AUG/2025 | — | 0.64% | 25.00K | $24.8K |
| 65 | VIRGINIA PORT AUTH PORT FAC REV BDS 2025 | — | 0.64% | 25.00K | $24.8K |
| 66 | MASSACHUSETTS ST GO BDS 2024B 13/JUN/2024 | — | 0.64% | 25.00K | $24.8K |
| 67 | MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV | — | 0.63% | 25.00K | $24.5K |
| 68 | METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES… | — | 0.63% | 25.00K | $24.4K |
| 69 | NEW JERSEY ST TPK AUTH TPK REV BDS 2025A | — | 0.63% | 25.00K | $24.3K |
| 70 | NEW YORK ST ENVIRONMENTAL FACS CORP ST CLEAN… | — | 0.62% | 25.00K | $24.1K |
| 71 | TEXAS TECH UNIV REVS FING SYS REF IMPT BDS 2025… | — | 0.62% | 25.00K | $23.9K |
| 72 | UNIVERSITY ILL UNIV REVS AUXILIARY FACS SYS BDS | — | 0.60% | 25.00K | $23.3K |
| 73 | ANNE ARUNDEL CNTY MD GO CONSOLIDATED REF BDS… | — | 0.54% | 20.00K | $21.1K |
| 74 | OHIO ST HIGHER EDL FAC COMMN REV BDS 2018 B | — | 0.52% | 20.00K | $20.0K |
| 75 | SEATTLE WASH DRAIN & WASTEWATER REV REF SYS… | — | 0.52% | 20.00K | $20.0K |
| 76 | ILLINOIS ST SALES TAX REV JR OBLIG BUILD BDS… | — | 0.52% | 20.00K | $20.0K |
| 77 | WASHINGTON ST MTR VEH FUEL TAX RELATED FEES GO… | — | 0.51% | 20.00K | $19.7K |
| 78 | SEATTLE WASH MUN LT & PWR REV IMPT REF BDS… | — | 0.51% | 20.00K | $19.6K |
| 79 | NEW YORK N Y GO BDS FISCAL 2025 SUB C1… | — | 0.50% | 20.00K | $19.5K |
| 80 | REGIONAL TRANSN AUTH ILL GO BDS 2025A… | — | 0.49% | 20.00K | $19.0K |
| 81 | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV… | — | 0.41% | 15.00K | $15.8K |
| 82 | SALT LAKE CNTY UTAH SALES TAX REV REF BDS 2020 B | — | 0.39% | 15.00K | $15.1K |
| 83 | KING CNTY WAS SCH DIST NO 401 HIGHLINE UNLTD TAX | — | 0.26% | 10.00K | $10.2K |
| 84 | NEW YORK ST DORM AUTH ST PERS INCOME TAX REV GEN | — | 0.26% | 10.00K | $10.0K |
| 85 | MASSACHUSETTS ST GO BDS 2024B 13/JUN/2024 | — | 0.25% | 10.00K | $9.8K |
| 86 | WASHINGTON CNTY ORE SCH DIST NO 48J BEAVERTON GO | — | 0.25% | 10.00K | $9.8K |
| 87 | LONGVIEW TEX INDPT SCH DIST UNLTD TAX BLDG BDS | — | 0.14% | 5.00K | $5.3K |
| 88 | BALTIMORE CNTY MD GO BDS 2025 01/APR/2025 | — | 0.14% | 5.00K | $5.3K |
| 89 | MANHATTAN KANS GO BDS 2025-A 12/JUN/2025 | — | 0.14% | 5.00K | $5.3K |
| 90 | ROMA TEX INDPT SCH DIST UNLTD TAX BLDG BDS 2024 | — | 0.14% | 5.00K | $5.3K |
| 91 | DUVAL CNTY FLA SCH BRD CTFS PARTN COPS 2022 A | — | 0.13% | 5.00K | $5.2K |
| 92 | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV… | — | 0.13% | 5.00K | $5.1K |
| 93 | DOWNTOWN SMYRNA DEV AUTH GA REV BDS 2021 | — | 0.13% | 5.00K | $5.1K |
| 94 | SAN DIEGO CALIF PUB FACS FING AUTH WTR REV SR… | — | 0.13% | 5.00K | $5.1K |
| 95 | SALISBURY N C ENTERPRISE SYS REV COMBINED BDS… | — | 0.13% | 5.00K | $5.0K |
| 96 | FOX VY TECHNICAL COLLEGE DIST WIS GO PROM NTS… | — | 0.13% | 5.00K | $5.0K |
| 97 | WASHINGTON ST MTR VEH FUEL TAX RELATED FEES GO… | — | 0.13% | 5.00K | $4.9K |
| 98 | MIAMI-DADE CNTY FLA WTR & SWR REV SYS BDS… | — | 0.12% | 5.00K | $4.8K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 3.81% | Paid (last 12 months) | $3.7038 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.1888 (Oct 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 07, 2026 | $0.1888 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 08, 2026 | $0.3043 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 07, 2026 | $0.3415 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 08, 2026 | $0.4070 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 05, 2026 | $0.3140 |
| May 01, 2026 | May 01, 2026 | May 07, 2026 | $0.3040 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 07, 2026 | $0.3290 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 06, 2026 | $0.2690 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 06, 2026 | $0.3130 |
| Dec 19, 2025 | Dec 19, 2025 | Dec 26, 2025 | $0.3122 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 05, 2025 | $0.3120 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 07, 2025 | $0.3090 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 7.32% / — | Sharpe 1Y / 3Y | -0.883 / — |
| Max drawdown 1Y / 3Y | -8.28% / — | Sortino 1Y | -1.22 |
| Beta vs S&P 500 (3Y) | 0.06 | Correlation vs S&P 500 (1Y) | 0.089 |
| Downside deviation 1Y | 5.29% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 1.14K | Average volume | 955 |
| AUM | $3.9M | Premium/Discount | +0.86% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $3.9M → $3.9M |
| 1 Month | -$55.2K | -1.39% | $4.0M → $3.9M |
| 1 Week | -$42.8K | -1.10% | $3.9M → $3.9M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for MUND
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.