Northern Trust 2046 Tax-Exempt Distributing Ladder ETF
The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.
The ETF.net MUNG 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.
MUNG Holdings
- Bonds
- 183
- 19%
- Idaho Bd Bk Auth Rev Ref Bds 2026A 27/MAY/2026
Geography
- United States100.00%
MUNG Performance
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.
MUNG$10,452
Returns run to the Oct 29, 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.
| Period | MUNG |
|---|---|
| Year to date | |
| 1 month | +4.5% |
| 3 months | |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MUNG |
|---|---|---|
| 2026 YTD | −0.5% |
MUNG in the news
MUNG Dividends
- $0.32 per share
- Irregular
Distribution data unavailable.
Distribution history
MUNG Risk
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.
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.
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.
- 0.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MUNG Cost
Overpaying vs IBMQ, tied cheapest in Defined-Maturity Municipal
$1,643
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MUNG 0.18%
$3,749
IBMQ 0.10% Tied cheapest
$2,106
Cost over time
Year by year
| Year | MUNG | IBMQ | Overpaying |
|---|---|---|---|
| 10 | $328 | $183 | $145 |
| 20 | $1,281 | $717 | $564 |
| 30 | $3,749 | $2,106 | $1,643 |
Other funds in Defined-Maturity Municipal
- AIBMPiShares iBonds Dec 2027 Term Muni Bond ETFExpense ratio 0.10%1 year return +2.4%
- AIBMQiShares iBonds Dec 2028 Term Muni Bond ETFExpense ratio 0.10%1 year return +2.2%
- AIBMRiShares iBonds Dec 2029 Term Muni Bond ETFExpense ratio 0.10%1 year return +1.6%
- AIBMOiShares iBonds Dec 2026 Term Muni Bond ETFExpense ratio 0.10%1 year return +2.7%
- AIBMTiShares iBonds Dec 2031 Term Muni Bond ETFExpense ratio 0.10%1 year return +0.5%
