Create, analyze, optimize your ETF portfolio. Start now →
Northern Trust Tax-Exempt Bond ETF
TAXT performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 22, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +1.15% | +0.83% | +1.26% | |||
| Flows | +$15M | +$29M | +$33M | - | - | - |
Characteristics
The Northern Trust Tax-Exempt Bond ETF is built to track the ICE All Maturity Focused Municipal Bond Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | Northern Trust |
| N° of holdings | 952 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
| Inception date | August 19, 2025 |
| ESG | No |
More data and info about TAXT on Trackinsight
Exposure
Data as of March 31, 2026Diversification
Total weight of top 15 holdings out of 952
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Latest news about TAXT
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.45% | |||
Max drawdown | -2.28% | |||
Max drawdown duration | 52d | N/A | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of April 26, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is TAXT?
TAXT is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Northern Trust.
What index does TAXT track?
TAXT tracks the ICE All Maturity Focused Municipal Bond Index - USD, aiming to replicate its performance through optimized sampling.
What does TAXT 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 TAXT?
The total expense ratio (TER) of TAXT is 0.05%, representing the annual fee charged by the fund manager.
When was TAXT launched?
TAXT was launched on August 19, 2025, marking its entry into the ETF market.
Who is the issuer of TAXT?
TAXT is issued by Northern Trust.
What is the AUM of TAXT?
As of April 22, 2026, TAXT manages $57.84 M, reflecting the total assets held in the fund.
How has TAXT performed recently?
As of April 22, 2026, TAXT delivered a return of 1.15% over the past month (1M performance), 0.83% over the past three months (3M), and 1.26% year-to-date (YTD).
What are the recent fund flows for TAXT?
As of April 22, 2026, TAXT has seen net flows of +$15M in the past month (1M flow) and +$33M year-to-date (YTD).
How many holdings are in TAXT
As of March 31, 2026, TAXT holds 952 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is TAXT?
As of March 31, 2026, TAXT holds 952 securities, with 7.85% of its assets concentrated in its top 15 holdings.
What are the top holdings of TAXT?
As of March 31, 2026, TAXT holds a portfolio of 952 underlyings, with its largest positions including US4072722B80, US64972GC857 and US64966QWQ99. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does TAXT invest in?
As of March 31, 2026, TAXT has its largest geographic exposures in USA.
What sectors or themes does TAXT focus on?
As of March 31, 2026, TAXT is primarily exposed to Municipal.
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
Asset TV
The ETF Show - Investors Can Fight Healthcare Inflation with Newly Launched ETFs
Adam Schenck, Principal and Managing Director of Fund Services at Milliman joined The ETF Show to discuss Milliman's first ETFs designed to hedge against rising healthcare inflation.
ETF Trends
ETF Industry KPIs April 20, 2026
The ETF Industry saw 14 New Launches, 1 Ticker Change and 16 closures last week.
Asset TV
The ETF Show - Investors Run to Cash Alternatives as Markets Remain Volatile
Jason England, Portfolio Manager and Fixed Income Strategist from Simplify joined The ETF Show to discuss investor allocations to fixed income as markets continue on their rollercoaster ride.
ETF Trends
ETF Industry KPIs March 30, 2026
The ETF Industry saw 33 New Launches, 1 Ticker Change and 9 closures last week.
Browse all educational columns
Build and Analyze Your ETF Portfolio Like a Pro
Create your own ETF portfolio in minutes and instantly see allocations, exposures, performance, and risk. Visualize diversification across asset classes, regions, and sectors. Stress-test ideas, compare benchmarks, and refine your strategy with professional-grade analytics.
