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Add as a preferred source on GoogleNorthern Trust TAXI ETF Tracks ICE Intermediate Term Focused Municipal Bond Index
The passively managed fund focuses on municipal bonds maturing in one to 15 years and lists a monthly income distribution frequency.
Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) is a passively managed fund that tracks the ICE Intermediate Term Focused Municipal Bond Index. Its strategy focuses on municipal bonds with maturities of one to 15 years.
The fund lists a monthly income distribution frequency.
Municipal bond interest typically avoids regular federal income tax, but state or local taxes may still apply.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.