The underlying index is designed to measure the performance of the investment-grade segment of the U.S. municipal bond market with maturities of less than 15 years as determined by ICE Data Indices, LLC, the index provider. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in debt instruments that pay interest that is exempt from regular federal income tax. The fund is non-diversified.
Frequently asked questions
What is the Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) expense ratio?
The Northern Trust Intermediate Tax-Exempt Bond ETF funds expense ratio is 5%.
What is Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) current stock price?
As of the latest data, Northern Trust Intermediate Tax-Exempt Bond ETF stock price is $50.57, with a previous close of $50.36. Northern Trust Intermediate Tax-Exempt Bond ETF gained $0.21 in the last trading session, representing a 0.42% increase.
Does Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) pay dividends?
Yes. Northern Trust Intermediate Tax-Exempt Bond ETF pays monthly dividends with an annualized yield of 2.63% and an estimated annual payout of $1.33 per share.
When is the next ex-dividend date for Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI)?
The next ex-dividend date is scheduled for October 01, 2026.
