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Launched · SEC filings

Northern Trust 2036 Tax-Exempt Distributing Ladder ETF

MUNFNYSE ArcaThe fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.

$97.280.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

Not yet graded
Intraday session: flat, 1 prints from 97.28 to 97.28. Range 97.28 to 97.28. Use the arrow keys to read each point.96.5097.0098.0010 AM12 PM2 PM4 PM
Expense ratio
0.18%
Fund size
$5M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
130
Avg volume · 30D
0M sh
NAV per share
$97.27
52W range
low $95.99high $100.20
Launched
Filings
SEC EDGAR

The ETF.net MUNF Grade

—

Not yet graded

The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.

MUNF Holdings

As of Oct 13, 2026
Asset class
Bonds
Holdings
130
Top-10 weight
20%
Largest holding
Indiana St Fin Auth Rev St Revolving Fd Ref Bds3.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Indiana St Fin Auth Rev St Revolving Fd Ref Bds3.05%145,000$148K3
002—Cash2.69%131,018$131K420
003—Illinois St Toll Hwy Auth Toll Highway Rev Ref Bds2.23%105,000$108K3
004—North Tex Twy Auth Rev Sys Ref First Tier Bds1.93%90,000$94K3
005—Villa Park Ill Gen Oblig Ref Bds 2026 A1.85%85,000$90K1
006—Dallas Fort Worth Tex Intl Arpt Rev Jt Ref Bds1.78%85,000$86K2
007—Clark Cnty Wash Pub Util Dist No 001 Generating1.73%80,000$84K1
008—Dallas Tex Go Ref Impt Bds 2019A 15/MAY/20191.60%75,000$78K5
009—Racine Cnty Wis Go Prom Nts 2024C 18/DEC/20241.57%75,000$76K1
010—Orlando Fla Cap Impt Spl Rev Bds 2018 B1.57%75,000$76K1
011—Hillsborough Cnty Fla Cap Impt Non-Ad Valorem Rev1.55%70,000$76K1
012—Central Brown Cnty Wtr Auth Wtr Sys Rev Wis Ref1.52%70,000$74K1
013—University South Ala Univ Revs Facs Bds 2024-C1.51%70,000$73K1
014—Collin Cnty Tex Ltd Tax Perm Impt Bds 20261.49%70,000$73K2
015—Clark Cnty Nev Sales & Excise Tax Rev Sales and1.48%70,000$72K2

Showing 1–15 of 130 holdings

MUNF Performance

Launched Aug 25, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
MUNF$9,891
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,206
Sep 11, 2026 to Oct 12, 2026. MUNF $9,891. SPY $10,206. Use the arrow keys to read each point.$9,693$9,976$10,258Sep 11Sep 25Oct 12

Sep 11, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MUNF. Periods over one year show the average yearly return.
PeriodMUNF
Year to dateFund launched this year—
1 month−1.1%
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MUNF
YearReturn barMUNF
2026 YTD−2.6%

Since listing, Aug 25, 2026

MUNF in the news

Filtered to MUNF · Defined-Maturity Municipal

MUNF Dividends

Last payment
$0.27 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Oct 1, 2026 $0.27. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 7, 2026$0.27

MUNF Risk

How much the fund’s monthly returns vary, scaled to a year.
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Launched Aug 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Aug 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Aug 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

MUNF Cost

Expense ratio0.18%
  • The middle half of Defined-Maturity Municipal funds
  • Median 0.18%

9 of the 32 Defined-Maturity Municipal funds charge less.

MUNF costs $18.00 a year on $10,000. The median Defined-Maturity Municipal fund costs $18.00.

Other funds in Defined-Maturity Municipal

See others