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Northern Trust 2045 Tax-Exempt Distributing Ladder ETF
MUNC performance and flow charts
Performance
Flows
Historic performance and flows
Data as of October 26, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +3.89% | -0.53% | -0.63% | -0.18% | ||
| Flows | - | - | -$2M | -$2M | - | - |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Long Only |
| Provider | FlexShares |
| N° of holdings | 152 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | August 19, 2025 |
| ESG | No |
More data and info about MUNC on Trackinsight
Exposure
Data as of August 31, 2026Diversification
Total weight of top 15 holdings out of 152
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Latest news about MUNC
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +4.61% | +3.09% | ||
Max drawdown | -5.01% | -6.70% | ||
Max drawdown duration | 74d | 239d | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
What type of ETF is MUNC?
MUNC is a Active ETF that provides exposure to Fixed Income assets. It is managed by FlexShares.
What does MUNC invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of MUNC?
The total expense ratio (TER) of MUNC is 0.18%, representing the annual fee charged by the fund manager.
When was MUNC launched?
MUNC was launched on August 19, 2025, marking its entry into the ETF market.
Who is the issuer of MUNC?
MUNC is issued by FlexShares.
What is the AUM of MUNC?
As of October 26, 2026, MUNC manages $7.97 M, reflecting the total assets held in the fund.
How has MUNC performed recently?
As of October 26, 2026, MUNC delivered a return of 3.89% over the past month (1M performance), -0.53% over the past three months (3M), and -0.63% year-to-date (YTD).
Does MUNC pay dividends?
As of October 26, 2026, MUNC has a trailing 12-month distribution yield of 3.29%.
How many holdings are in MUNC
As of August 31, 2026, MUNC holds 152 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is MUNC?
As of August 31, 2026, MUNC holds 152 securities, with 32.31% of its assets concentrated in its top 15 holdings.
What are the top holdings of MUNC?
As of August 31, 2026, MUNC holds a portfolio of 152 underlyings, with its largest positions including Utility Debt Securitization Authority, 5% 15dec2029, USD (2022), US866849W400 and US544532CU63. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does MUNC invest in?
As of August 31, 2026, MUNC has its largest geographic exposures in USA.
What sectors or themes does MUNC focus on?
As of August 31, 2026, MUNC is primarily exposed to Municipal.
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