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Northern Trust Tax-Exempt Bond ETF
TAXT performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 4, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.81% | -1.57% | +0.02% | +3.62% | ||
| Flows | +$5M | +$6M | +$41M | +$51M | - | - |
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 | 1297 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | August 19, 2025 |
| ESG | No |
More data and info about TAXT on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 1,297
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Latest news about TAXT
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.13% | +2.12% | ||
Max drawdown | -2.06% | -2.28% | ||
Max drawdown duration | 60d | 117d | N/A | N/A |
Time to recover | N/A | 92d | N/A | N/A |
Replication quality
Data as of September 7, 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 September 4, 2026, TAXT manages $64.37 M, reflecting the total assets held in the fund.
How has TAXT performed recently?
As of September 4, 2026, TAXT delivered a return of -0.81% over the past month (1M performance), -1.57% over the past three months (3M), and 0.02% year-to-date (YTD).
What are the recent fund flows for TAXT?
As of September 4, 2026, TAXT has seen net flows of +$5M in the past month (1M flow) and +$41M year-to-date (YTD).
Does TAXT pay dividends?
As of September 4, 2026, TAXT has a trailing 12-month distribution yield of 3.35%.
How many holdings are in TAXT
As of July 31, 2026, TAXT holds 1297 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 July 31, 2026, TAXT holds 1297 securities, with 4.8% of its assets concentrated in its top 15 holdings.
What are the top holdings of TAXT?
As of July 31, 2026, TAXT holds a portfolio of 1297 underlyings, with its largest positions including University of California, 5% 15may2052, USD (2022), New York Urban Development Corp., 5% 15mar2042, USD (2017C) and New York Thruway Authority, 5% 15mar2049, USD. 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 July 31, 2026, TAXT has its largest geographic exposures in USA.
What sectors or themes does TAXT focus on?
As of July 31, 2026, TAXT is primarily exposed to Municipal.
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