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MUNJ

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

Northern Trust 2031 Tax-Exempt Distributing Ladder ETF

Target Maturity Bond · FlexShares · Inception 2026-08-25

$100.29+0.00 (+0.00%)

As of Aug 27, 2026, 9:31 AM EDT

Market opens at 9:30 AM ET.History starts Aug 26, 2026.History starts Aug 26, 2026.History starts Aug 26, 2026.History starts Aug 26, 2026.
Intraday session: up, 5 prints from 99.60 to 100.29. Range 99.07 to 100.29. Use the arrow keys to read each point.$99.00$99.50$100.00Sep 8Sep 9Sep 11Sep 14
Expense ratio
0.18%
Fund size
$5M
1Y return
—
Yield · Last 12 months
—
Holdings
170
Volume · 30D
0M sh
NAV per share
$99.31

MUNJ Holdings

As of Sep 18, 2026, 3:00 AM
Asset class
Bonds
Holdings
170
Top-10 weight
17%
Largest holding
TRI-VALLEY SCH DIST NO 49-6 S D LTD TAX CAP OUTLAY2.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—TRI-VALLEY SCH DIST NO 49-6 S D LTD TAX CAP OUTLAY2.65%125,000$131K—
002—SALT LAKE CNTY UTAH GO BDS 2019 18/DEC/20192.17%105,000$108K—
003—CASH2.14%106,149$106K—
004—LOVEJOY INDPT SCH DIST TEX UNLTD TAX BLDG BDS 20251.97%95,000$98K—
005—PIERCE & KING CNTYS WASH SCH DIST NO 417 FIFE ULTD1.65%80,000$82K—
006—DISTRICT COLUMBIA INCOME TAX REV SECD BDS 2020 C1.60%75,000$80K—
007—WISCONSIN ST GO REF BDS 2024 1 14/MAR/20241.45%70,000$72K—
008—CHARLESTON S C WTRWKS & SWR REV REF SYS BDS 20211.43%70,000$71K—
009—CLEVELAND TEX INDPT SCH DIST UNLTD TAX REF BDS1.24%60,000$62K—
010—CANYONS SCH DIST UTAH GO REF BDS 2021 B1.16%55,000$58K—
011—EDMONDS WASH LTD TAX GO IMPT REF BDS 2021A1.13%55,000$56K—
012—LEWISTON ME GO PUB IMPT BDS 10/SEP/20241.07%50,000$53K—
013—ROCK ISLAND CNTY ILL SCH DIST NO 037 EAST MOLINE1.02%50,000$51K—
014—DES MOINES IOWA GO BDS 2024A 12/NOV/20240.99%45,000$49K—
015—PORT WASHINGTON-SAUKVILLE WIS SCH DIST GO PROM NTS0.95%45,000$47K—

Showing 1–15 of 30 holdings

MUNJ Performance

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

MUNJ$9,952
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,879
Sep 4, 2026 to Sep 14, 2026. MUNJ $9,952. SPY $9,879. Use the arrow keys to read each point.$9,827$9,920$10,013Sep 4Sep 9Sep 14

Sep 4, 2026 – Sep 14, 2026

Returns run to the last market 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 MUNJ. Periods over one year show the average yearly return.
PeriodMUNJ
Year to dateFund launched this year—
1 monthFund is under 1 month old—
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

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 MUNJ
YearReturn barMUNJ
2026 YTD−1.1%

History from Aug 26, 2026

MUNJ in the news

ETF.net Research hasn’t filed on MUNJ yet — coverage lands here as it’s written.

MUNJ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 14, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Aug 2026. No distributions yet.

MUNJ Risk

How much the fund’s monthly returns vary, scaled to a year.
—
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.

MUNJ Cost

Expense Ratio
0.18%