# Northern Trust TAXI ETF Tracks ICE Intermediate Term Focused Municipal Bond Index

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/46768
Published: 2026-11-02T18:33:58.000Z
Updated: 2026-11-02T18:33:58.000Z
Section: Investing

> 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.