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Northern Trust 2045 Tax-Exempt ETF Uses 20 Maturity Rungs

The fund seeks periodic distributions from income exempt from regular federal income tax and/or principal.

By Enna Lee
Published
Northern Trust Corporation 관련 이미지 / TokenPost.ai
Northern Trust Corporation 관련 이미지 / TokenPost.ai

The Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC) has a municipal debt portfolio structured across 20 maturity rungs through 2045. The fund seeks periodic distributions from income exempt from regular federal income tax and/or principal.

Distributions may include returned principal. Municipal bond interest may also be subject to state and local taxes.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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