MUNH Northern Trust 2056 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 | 94.59 | Day Range | 94.59 – 97.14 |
| 52-Week Range | 94.38 – 100.20 | Volume | 6 |
| Avg Volume | 330 | AUM | $9.4M (Oct 10, 2026) |
| Expense Ratio | 0.18% | Yield (TTM) | 0.37% |
| NAV | 94.60 | Premium/Discount | -0.01% indicative |
| Inception | Aug 25, 2026 | Holdings | 138 |
| Issuer | FlexShares | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 66516K707 | ISIN | US66516K7072 |
| Management | Not stated in source data | ||
About this ETF
An innovative cash flow management tool designed to provide investors with tax-exempt monthly income and annual return of principal. The fund invests in a portfolio of high-quality, investment-grade municipal bonds with staggered maturity dates through the year 2056.
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 | -3.14% | — | — | — | — | — | — | — | -4.97% |
| Total return | -3.14% | — | — | — | — | — | — | — | -4.97% |
* 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. 138 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CASH | — | 2.54% | 242.21K | $242.2K |
| 2 | PITKIN CNTY COLO SOLID WASTE CTR ENTERPRISE REV | — | 1.79% | 160.00K | $170.6K |
| 3 | PIERCE CNTY WASH SCH DIST NO 320 SUMNER UNLTD… | — | 1.72% | 160.00K | $163.8K |
| 4 | MUSCATINE IOWA ELEC REV ELEC REV BDS 2026A | — | 1.42% | 130.00K | $135.3K |
| 5 | IRONDALE ALA PUB BLDG AUTH LEASE REV BDS 2024 | — | 1.42% | 130.00K | $135.0K |
| 6 | FREEDOM WIS AREA SCH DIST OUTAGAMIE CNTY GEN… | — | 1.42% | 150.00K | $134.9K |
| 7 | KANSAS ST DEV FIN AUTH REV REVOLVING FDS BDS | — | 1.42% | 125.00K | $134.8K |
| 8 | SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH EDL FACS… | — | 1.30% | 120.00K | $124.0K |
| 9 | OAKLAND UNIV MICH REV GEN OBLIG REF BDS 2026A | — | 1.22% | 110.00K | $116.2K |
| 10 | INDIANAPOLIS IND LOC PUB IMPT BD BK REV REF BDS | — | 1.20% | 110.00K | $114.4K |
| 11 | CHICAGO ILL PK DIST GO LTD TAX REF BDS 2024B | — | 1.18% | 110.00K | $112.1K |
| 12 | NEBRASKA ST HWY COMMN HWY IMPT REV BDS 2026A | — | 1.13% | 100.00K | $108.0K |
| 13 | ROSELLE ILL PUB LIBR DIST GO BDS 2025… | — | 1.13% | 105.00K | $107.9K |
| 14 | GREENWOOD IND SCH BLDG CORP AD VALOREM PPTY TAX | — | 1.12% | 100.00K | $106.3K |
| 15 | HURON VALLEY MICH SCH DIST GEN OBLIG UNLTD TAX | — | 1.10% | 105.00K | $105.0K |
| 16 | EL PASO TEX WTR & SWR REV REF BDS 2025… | — | 1.09% | 105.00K | $103.6K |
| 17 | MIAMI-DADE CNTY FLA WTR & SWR REV SYS BDS… | — | 1.07% | 100.00K | $101.6K |
| 18 | METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY… | — | 1.06% | 95.00K | $101.0K |
| 19 | DU PAGE CNTY ILL CMNTY UNIT SCH DIST NO 200 | — | 1.06% | 100.00K | $100.9K |
| 20 | SANGAMON CNTY ILL SCH DIST NO 186 SPRINGFIELD… | — | 1.05% | 105.00K | $99.6K |
| 21 | FIRCREST PPTYS WASH LEASE REV BDS 2024… | — | 1.04% | 100.00K | $98.9K |
| 22 | MONROE CNTY GA SCH DIST GEN OBLIG BDS 2026 | — | 1.03% | 100.00K | $98.5K |
| 23 | NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED | — | 1.02% | 100.00K | $97.2K |
| 24 | ILLINOIS FIN AUTH REV ST CLEAN WTR INITIATIVE | — | 1.01% | 90.00K | $96.6K |
| 25 | POMPANO BEACH FLA WTR & WASTEWATER REV BDS… | — | 1.00% | 95.00K | $95.4K |
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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) | 0.37% | Paid (last 12 months) | $0.3491 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.3491 (Oct 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 07, 2026 | $0.3491 |
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 | 330 |
| AUM | $9.4M | Premium/Discount | -0.01% |
| 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% | $9.4M → $9.4M |
| 1 Month | -$122.6K | -1.25% | $9.8M → $9.4M |
| 1 Week | -$65.0K | -0.68% | $9.5M → $9.4M |
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 MUNH
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.