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Launched · SEC filings

Northern Trust 2056 Tax-Exempt Distributing Ladder ETF

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

$95.220.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

Not yet graded
Intraday session: flat, 1 prints from 95.22 to 95.22. Range 95.22 to 95.22. Use the arrow keys to read each point.94.5095.0096.0010 AM12 PM2 PM4 PM
Expense ratio
0.18%
Fund size
$10M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
138
Avg volume · 30D
0M sh
NAV per share
$95.18
52W range
low $94.38high $100.20
Launched
Filings
SEC EDGAR

The ETF.net MUNH 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.

MUNH Holdings

As of Oct 13, 2026
Asset class
Bonds
Holdings
138
Top-10 weight
15%
Largest holding
Cash2.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 10.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Cash2.56%243,421$243K420
002—Pitkin Cnty Colo Solid Waste Ctr Enterprise Rev1.79%160,000$171K1
003—Pierce Cnty Wash Sch Dist No 320 Sumner Unltd Tax1.72%160,000$164K1
004—Muscatine Iowa Elec Rev Elec Rev Bds 2026A1.42%130,000$135K1
005—Irondale Ala Pub Bldg Auth Lease Rev Bds 20241.42%130,000$135K1
006—Freedom Wis Area Sch Dist Outagamie Cnty Gen Oblig1.42%150,000$135K1
007—Kansas St Dev Fin Auth Rev Revolving Fds Bds1.42%125,000$135K3
008—South Carolina Jobs-Economic Dev Auth Edl Facs Rev1.30%120,000$124K1
009—Oakland Univ Mich Rev Gen Oblig Ref Bds 2026A1.22%110,000$116K1
010—Indianapolis Ind Loc Pub Impt Bd Bk Rev Ref Bds1.20%110,000$114K1
011—Chicago Ill Pk Dist Go Ltd Tax Ref Bds 2024B1.17%110,000$111K1
012—Nebraska St Hwy Commn Hwy Impt Rev Bds 2026A1.13%100,000$108K1
013—Roselle Ill Pub Libr Dist Go Bds 2025 10/MAR/20251.13%105,000$108K1
014—Greenwood Ind Sch Bldg Corp Ad Valorem Ppty Tax1.12%100,000$106K1
015—Huron Valley Mich Sch Dist Gen Oblig Unltd Tax1.10%105,000$105K2

Showing 1–15 of 138 holdings

MUNH 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.
MUNH$9,764
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. MUNH $9,764. SPY $10,206. Use the arrow keys to read each point.$9,596$9,931$10,265Sep 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 MUNH. Periods over one year show the average yearly return.
PeriodMUNH
Year to dateFund launched this year—
1 month−2.4%
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 MUNH
YearReturn barMUNH
2026 YTD−4.6%

Since listing, Aug 25, 2026

MUNH in the news

Filtered to MUNH · Defined-Maturity Municipal

MUNH Dividends

Last payment
$0.35 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 $0.35. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 7, 2026$0.35

MUNH 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.
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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.
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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.

MUNH 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.

MUNH 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