---
ticker: "MUNH"
name: "Northern Trust 2056 Tax-Exempt Distributing Ladder ETF"
url: "https://etf.net/etf/MUNH"
grade: null
no_grade_reason: "Not yet graded"
methodology: "https://etf.net/methodology"
---

# MUNH: Northern Trust 2056 Tax-Exempt Distributing Ladder ETF

Not graded: 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.

## Top holdings

The fund holds 138 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash | 2.56% |
| 2 | — | Pitkin Cnty Colo Solid Waste Ctr Enterprise Rev | 1.79% |
| 3 | — | Pierce Cnty Wash Sch Dist No 320 Sumner Unltd Tax | 1.72% |
| 4 | — | Muscatine Iowa Elec Rev Elec Rev Bds 2026A | 1.42% |
| 5 | — | Irondale Ala Pub Bldg Auth Lease Rev Bds 2024 | 1.42% |
| 6 | — | Freedom Wis Area Sch Dist Outagamie Cnty Gen Oblig | 1.42% |
| 7 | — | Kansas St Dev Fin Auth Rev Revolving Fds Bds | 1.42% |
| 8 | — | South Carolina Jobs-Economic Dev Auth Edl Facs Rev | 1.30% |
| 9 | — | Oakland Univ Mich Rev Gen Oblig Ref Bds 2026A | 1.22% |
| 10 | — | Indianapolis Ind Loc Pub Impt Bd Bk Rev Ref Bds | 1.20% |
| 11 | — | Chicago Ill Pk Dist Go Ltd Tax Ref Bds 2024B | 1.17% |
| 12 | — | Nebraska St Hwy Commn Hwy Impt Rev Bds 2026A | 1.13% |
| 13 | — | Roselle Ill Pub Libr Dist Go Bds 2025 10/MAR/2025 | 1.13% |
| 14 | — | Greenwood Ind Sch Bldg Corp Ad Valorem Ppty Tax | 1.12% |
| 15 | — | Huron Valley Mich Sch Dist Gen Oblig Unltd Tax | 1.10% |
| 16 | — | El Paso Tex Wtr & Swr Rev Ref Bds 2025 01/APR/2025 | 1.09% |
| 17 | — | Miami-Dade Cnty Fla Wtr & Swr Rev Sys Bds 2025 A | 1.07% |
| 18 | — | Metropolitan Govt Nashville & Davidson Cnty Tenn | 1.06% |
| 19 | — | Du Page Cnty Ill Cmnty Unit Sch Dist No 200 | 1.06% |
| 20 | — | Sangamon Cnty Ill Sch Dist No 186 Springfield Gen | 1.05% |
| 21 | — | Fircrest Pptys Wash Lease Rev Bds 2024 12/NOV/2024 | 1.04% |
| 22 | — | Monroe Cnty Ga Sch Dist Gen Oblig Bds 2026 | 1.03% |
| 23 | — | New York St Dorm Auth Sales Tax Rev St Supported | 1.02% |
| 24 | — | Illinois Fin Auth Rev St Clean Wtr Initiative | 1.01% |
| 25 | — | Pompano Beach Fla Wtr & Wastewater Rev Bds 2024 | 1.00% |
| 26 | — | Oakland Univ Mich Rev Gen Oblig Ref Bds 2026A | 0.98% |
| 27 | — | Chicago Ill Pk Dist Go Ltd Tax Bds 2024 A | 0.98% |
| 28 | — | Escambia Cnty Fla Sch Brd Ctfs Partn Ctfs Partn | 0.96% |
| 29 | — | Illinois Fin Auth Rev St Clean Wtr Initiative | 0.96% |
| 30 | — | University N Mex Univ Revs Regt Sys Ref Impt Bds | 0.96% |

Source: etf.net, https://etf.net/etf/MUNH. Please cite the page URL.