TAXT Northern Trust Tax-Exempt Bond ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 50.89 | Day Range | 50.92 – 50.93 |
| 52-Week Range | 50.04 – 52.37 | Volume | 662 |
| Avg Volume | 3.80K | AUM | $62.0M (Aug 27, 2026) |
| Expense Ratio | 0.05% | Yield (TTM) | 3.15% |
| NAV | 50.83 | Premium/Discount | +0.19% indicative |
| Inception | Aug 18, 2025 | Holdings | 1387 |
| Issuer | FlexShares | Exchange | NASDAQ |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 665162194 | ISIN | US6651621947 |
| Management | Passive / index-tracking (per issuer description) | ||
About this ETF
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.
Description from the fund data provider · profile as of Aug 27, 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 | +0.31% | -0.82% | -2.43% | -0.95% | +1.66% | — | — | — | +1.70% |
| Total return | +0.61% | +0.04% | -0.88% | +0.93% | +4.86% | — | — | — | +4.90% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.05% | Annual cost of a $10,000 investment | $5.00 |
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 Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 1333 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CASH | — | 1.16% | 718.20K | $718.2K |
| 2 | BAY AREA TOLL AUTH CALIF TOLL BRDG REV VARIABLE | — | 0.48% | 300.00K | $300.0K |
| 3 | UNIVERSITY CALIF REVS GEN REGT BDS 2022 BK | — | 0.47% | 280.00K | $290.0K |
| 4 | NEW YORK ST URBAN DEV CORP REV ST PERSONAL… | — | 0.45% | 275.00K | $278.0K |
| 5 | NEW YORK ST TWY AUTH ST PERS INCOME TAX REV BDS | — | 0.44% | 265.00K | $270.2K |
| 6 | SAN FRANCISCO CALIF CITY & CNTY PUB UTILS… | — | 0.33% | 195.00K | $204.0K |
| 7 | CALIFORNIA ST UNIV REV SYS WIDE BDS 2024 A | — | 0.32% | 180.00K | $198.8K |
| 8 | CLARK CNTY NEV HWY IMPT REV BDS 2023 07/JUN/2023 | — | 0.28% | 185.00K | $176.5K |
| 9 | SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY… | — | 0.28% | 165.00K | $175.3K |
| 10 | MONROE CNTY N Y INDL DEV CORP REV BDS 2020A | — | 0.26% | 180.00K | $159.8K |
| 11 | TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL… | — | 0.26% | 150.00K | $158.8K |
| 12 | INDIANAPOLIS IND LOC PUB IMPT BD BK CMNTY… | — | 0.25% | 150.00K | $156.4K |
| 13 | SOUTH DAKOTA CONSERVANCY DIST REV ST REVOLVING… | — | 0.25% | 150.00K | $154.4K |
| 14 | NEW YORK N Y GEN OBLIG BDS FISCAL 2026 G | — | 0.25% | 150.00K | $154.2K |
| 15 | METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES… | — | 0.25% | 175.00K | $154.0K |
| 16 | DESERT CALIF CMNTY COLLEGE DIST ELECTION 2016 GO | — | 0.24% | 155.00K | $150.5K |
| 17 | VIRGINIA ST PUB BLDG AUTH PUB FACS REV BDS 2020A | — | 0.24% | 140.00K | $149.8K |
| 18 | WEST VIRGINIA ST GO ST RD BDS 2018 B 07/JUN/2018 | — | 0.24% | 145.00K | $149.2K |
| 19 | MULTNOMAH CNTY ORE SCH DIST NO 1J PORTLAND GEN | — | 0.23% | 150.00K | $145.1K |
| 20 | SOUTH DAKOTA CONSERVANCY DIST REV ST REVOLVING… | — | 0.23% | 140.00K | $143.9K |
| 21 | CHICAGO ILL BRD ED DEDICATED CAP IMPT TAX BDS… | — | 0.23% | 130.00K | $142.0K |
| 22 | NEW YORK N Y GO BDS FISCAL 2024 D 11/APR/2024 | — | 0.23% | 135.00K | $139.8K |
| 23 | FLORIDA ST TPK AUTH TPK REV BDS 2025 D… | — | 0.22% | 150.00K | $137.0K |
| 24 | KING CNTY WASH PUB HOSP DIST NO 001 LTD TAX GO… | — | 0.22% | 135.00K | $135.7K |
| 25 | MAIN STR NAT GAS INC GA GAS SUPPLY REV BDS 2024C | — | 0.22% | 130.00K | $135.5K |
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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) | 3.15% | Paid (last 12 months) | $1.6065 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 03, 2026 | Last payment | $0.1543 (Aug 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 03, 2026 | Aug 03, 2026 | Aug 07, 2026 | $0.1543 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 08, 2026 | $0.1404 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 05, 2026 | $0.1462 |
| May 01, 2026 | May 01, 2026 | May 07, 2026 | $0.1455 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 07, 2026 | $0.1160 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 06, 2026 | $0.1130 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 06, 2026 | $0.1570 |
| Dec 19, 2025 | Dec 19, 2025 | Dec 26, 2025 | $0.1140 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 05, 2025 | $0.1540 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 07, 2025 | $0.1550 |
| Oct 01, 2025 | Oct 01, 2025 | Oct 07, 2025 | $0.1480 |
| Sep 02, 2025 | Sep 02, 2025 | Sep 08, 2025 | $0.0630 |
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 | 2.58% / — | Sharpe 1Y / 3Y | 0.461 / — |
| Max drawdown 1Y / 3Y | -2.48% / — | Sortino 1Y | 0.675 |
| Beta vs S&P 500 (3Y) | 0.077 | Correlation vs S&P 500 (1Y) | 0.343 |
| Downside deviation 1Y | 1.76% | Risk-free rate used | 3.72% (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 Aug 26, 2026. Formulas →
Liquidity
| Volume today | 662 | Average volume | 3.80K |
| AUM | $62.0M | Premium/Discount | +0.19% |
| 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 | $2.1M | +3.47% | $59.9M → $62.0M |
| 1 Week | $1.8M | +3.00% | $60.1M → $62.0M |
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 TAXT
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.