MUNB — Northern Trust 2035 Tax-Exempt Distributing Ladder ETF
Data updated: 2026-05-28
MUNB — Northern Trust 2035 Tax-Exempt Distributing Ladder ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Municipal - National Bond · $10.03M AUM · 0.18% expense ratio. From SEC regulatory filings.
MUNB Fund Overview
MUNB — Northern Trust 2035 Tax-Exempt Distributing Ladder ETF is a US ETF managed by Northern Funds, categorised as Intermediate Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Northern Funds
- Category: Intermediate Municipal - National Bond
- Assets under management: $10.03M
- Ticker: MUNB
- SEC CIK: 0000916620
- SEC series ID: S000093511
- Share class ID: C000261799
MUNB Holdings
Top 10 holdings of Northern Trust 2035 Tax-Exempt Distributing Ladder ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Central Florida Expressway Authority | 1.71% |
| Las Vegas Valley Water District | 1.61% |
| City of Gardner KS | 1.56% |
| King County School District No. 405 Bellevue | 1.48% |
| State of Washington | 1.48% |
| District of Columbia | 1.44% |
| Neenah Joint School District | 1.43% |
| Dallas Fort Worth International Airport | 1.32% |
| City of Baltimore MD | 1.30% |
| New Mexico Finance Authority | 1.23% |
MUNB Portfolio Allocation
Asset-class allocation of Northern Trust 2035 Tax-Exempt Distributing Ladder ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.5% |
MUNB Performance
Total returns for MUNB (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.4% |
MUNB Costs and Fees
MUNB costs about $18 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.18%
- Gross expense ratio: 0.18%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
MUNB Cashflows
Over the 12 months to 2026-03, Northern Trust 2035 Tax-Exempt Distributing Ladder ETF had net inflows of $5.12M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $1.02M |
| 2026-02 | $4.10M |
| 2026-01 | $0 |
| 2025-12 | $0 |
| 2025-11 | $0 |
| 2025-10 | $0 |
MUNB Debt Constituents
Largest debt holdings of Northern Trust 2035 Tax-Exempt Distributing Ladder ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Central Florida Expressway Authority | 1.71% |
| Las Vegas Valley Water District | 1.61% |
| City of Gardner KS | 1.56% |
| King County School District No. 405 Bellevue | 1.48% |
| State of Washington | 1.48% |
| District of Columbia | 1.44% |
| Neenah Joint School District | 1.43% |
| Dallas Fort Worth International Airport | 1.32% |
| City of Baltimore MD | 1.30% |
| New Mexico Finance Authority | 1.23% |
MUNB Prospectus and SEC Filings
Official Northern Trust 2035 Tax-Exempt Distributing Ladder ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.