# Northern Trust's MUNB ETF Uses a Municipal Bond Ladder Through 2035

By Token Post

Canonical URL: https://www.tokenpost.com/news/insights/46754
Published: 2026-11-02T18:22:05.000Z
Updated: 2026-11-02T18:22:05.000Z
Section: Insights & Views

> The fund makes monthly distributions that may include income or principal, and a payout may include a return of capital.

The Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) uses a municipal-bond ladder with maturity rungs through 2035 and has a monthly income distribution frequency.

The fund is designed to distribute income and/or principal. Its distributions may include a return of capital.

Interest from municipal bonds is generally exempt from regular federal income tax, though state and local taxes may apply. The tax classification of part of a payout may change at year-end.