MUND
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF
📎 Investment Objective
The Northern Trust 2055 Tax-Exempt Distributing Ladder ETF seeks to provide a tax-efficient investment solution for investors with a target retirement date around the year 2055.
Overview
ETF tracking Northern Trust 2055 Tax-Exempt Distributing Ladder ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Northern Trust 2055 Tax-Exempt Distributing Ladder ETF seeks to provide a tax-efficient investment solution for investors with a target retirement date around the year 2055.
🎯 Investment Strategy
The ETF invests in a diversified portfolio of municipal bonds with varying maturities, creating a 'ladder' of bond holdings that provides regular income distributions. The fund's holdings are actively managed to maintain an average duration that aligns with the target retirement date.
✨ Key Features
- Tax-exempt municipal bond exposure for potentially higher after-tax returns
- Laddered bond portfolio structure to generate regular income distributions
- Active management to maintain appropriate duration and credit quality
- Designed for investors with a target retirement date around 2055
⚠️ Primary Risks
- Interest rate risk: Bond prices may decline as interest rates rise
- Credit risk: Potential for default or downgrade of municipal bond issuers
- Liquidity risk: Difficulty selling bonds, especially in times of market stress
- Concentration risk: Exposure to a single asset class (municipal bonds)
👤 Best For
This ETF is best suited for long-term investors with a target retirement date around 2055 who are seeking tax-efficient income and capital appreciation potential. It may be appropriate as a core fixed income holding in a diversified portfolio.