MUNF Northern Trust 2036 Tax-Exempt Distributing Ladder ETF
Quote as of Oct 09, 2026 13:46 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 96.69 | Day Range | 96.69 – 97.82 |
| 52-Week Range | 95.99 – 100.20 | Volume | 6 |
| Avg Volume | 213 | AUM | $4.8M (Oct 10, 2026) |
| Expense Ratio | 0.18% | Yield (TTM) | 0.28% |
| NAV | 96.73 | Premium/Discount | -0.05% indicative |
| Inception | Aug 25, 2026 | Holdings | 130 |
| Issuer | FlexShares | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 66516K509 | ISIN | US66516K5092 |
| Management | Actively managed (per issuer description) | ||
About this ETF
An actively managed exchange-traded fund that employs a laddered bond strategy. It invests in high-quality, tax-exempt municipal bonds with maturities laddered through the year 2036. The fund is designed to provide monthly tax-exempt income and distribute principal annually until it liquidates after its terminal year.
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 | -1.73% | — | — | — | — | — | — | — | -2.91% |
| Total return | -1.73% | — | — | — | — | — | — | — | -2.91% |
* 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. 130 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | INDIANA ST FIN AUTH REV ST REVOLVING FD REF BDS | — | 3.05% | 145.00K | $148.3K |
| 2 | CASH | — | 2.68% | 130.43K | $130.4K |
| 3 | ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV REF… | — | 2.23% | 105.00K | $108.3K |
| 4 | NORTH TEX TWY AUTH REV SYS REF FIRST TIER BDS | — | 1.93% | 90.00K | $94.1K |
| 5 | VILLA PARK ILL GEN OBLIG REF BDS 2026 A | — | 1.85% | 85.00K | $90.2K |
| 6 | DALLAS FORT WORTH TEX INTL ARPT REV JT REF BDS | — | 1.78% | 85.00K | $86.5K |
| 7 | CLARK CNTY WASH PUB UTIL DIST NO 001 GENERATING | — | 1.73% | 80.00K | $84.3K |
| 8 | DALLAS TEX GO REF IMPT BDS 2019A 15/MAY/2019 | — | 1.60% | 75.00K | $77.6K |
| 9 | RACINE CNTY WIS GO PROM NTS 2024C 18/DEC/2024 | — | 1.57% | 75.00K | $76.3K |
| 10 | ORLANDO FLA CAP IMPT SPL REV BDS 2018 B | — | 1.57% | 75.00K | $76.3K |
| 11 | HILLSBOROUGH CNTY FLA CAP IMPT NON-AD VALOREM… | — | 1.55% | 70.00K | $75.6K |
| 12 | CENTRAL BROWN CNTY WTR AUTH WTR SYS REV WIS REF | — | 1.52% | 70.00K | $74.1K |
| 13 | UNIVERSITY SOUTH ALA UNIV REVS FACS BDS 2024-C | — | 1.51% | 70.00K | $73.3K |
| 14 | COLLIN CNTY TEX LTD TAX PERM IMPT BDS 2026 | — | 1.49% | 70.00K | $72.5K |
| 15 | CLARK CNTY NEV SALES & EXCISE TAX REV SALES… | — | 1.48% | 70.00K | $72.0K |
| 16 | TEXAS PUB FIN AUTH LEASE REV REF BDS 2024 | — | 1.47% | 70.00K | $71.3K |
| 17 | METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY… | — | 1.46% | 70.00K | $70.9K |
| 18 | BRADLEY ILL GEN OBLIG BDS 2025A 24/NOV/2025 | — | 1.41% | 65.00K | $68.7K |
| 19 | LAWRENCEVILLE GA BLDG AUTH REV REF BDS 2025 | — | 1.40% | 65.00K | $68.1K |
| 20 | KENOSHA CNTY WIS GO PROM NTS 2025A 04/SEP/2025 | — | 1.40% | 65.00K | $67.9K |
| 21 | WILSON CNTY TENN UNLTD TAX DIST SCH REF BDS 2026 | — | 1.39% | 65.00K | $67.5K |
| 22 | JEA FLA ELEC SYS REV BDS 2020A SER 3 22/JUL/2020 | — | 1.36% | 65.00K | $66.0K |
| 23 | IDAHO ST BLDG AUTH SALES TAX REV ED BDS 2025A | — | 1.32% | 60.00K | $64.4K |
| 24 | MIAMI-DADE CNTY FLA WTR & SWR REV SYS BDS… | — | 1.32% | 60.00K | $64.4K |
| 25 | NAPLES FLA CAP IMPT REV BDS 2024 22/AUG/2024 | — | 1.32% | 60.00K | $64.3K |
Click a ticker to see every ETF that owns it.
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) | 0.28% | Paid (last 12 months) | $0.2710 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.2710 (Oct 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 07, 2026 | $0.2710 |
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
Liquidity
| Volume today | 6 | Average volume | 213 |
| AUM | $4.8M | Premium/Discount | -0.05% |
| 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% | $4.8M → $4.8M |
| 1 Month | -$52.2K | -1.06% | $5.0M → $4.8M |
| 1 Week | -$29.0K | -0.60% | $4.8M → $4.8M |
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 MUNF
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.