Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB)Muni Target Maturity | Exchange Traded Fund | NYSEArca
97.87 USD
+0.21
(0.215%)
⇧
(Oct. 6, 2026, 9:33 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:45 a.m. EDT
The instrument presents as a specialized tax-exempt bond ladder designed to mitigate reinvestment risk, offering a steady 2.43% yield that fits a specific income profile rather than a general growth mandate. However, the immediate price outlook is clouded by significant downward pressure; the asset is trading well below its 50-day and 200-day moving averages, indicating a persistent downtrend where recent price action has failed to recover lost ground. This technical weakness is reinforced by a high-confidence statistical forecast predicting a slight decline over the next 45 days, suggesting that short-term momentum remains firmly against the buyer. While the dividend stream appears consistent and the product structure offers unique utility for tax-sensitive investors, the lack of recent price resilience and the bearish technical setup prevent a bullish stance in the near term. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.009424 |
| AutoETS | 0.009462 |
| AutoARIMA | 0.009487 |
| MSTL | 0.009721 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 77% |
| H-stat | 62.63 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.043 |
| Excess Kurtosis | -0.45 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.21% | 2.35% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.204 | 0.209403 |
| 2026-09-01 | 0.210 | 0.211087 |
| 2026-08-03 | 0.215 | 0.215625 |
| 2026-07-01 | 0.201 | 0.199316 |
| 2026-06-01 | 0.190 | 0.188651 |
| 2026-05-01 | 0.170 | 0.168492 |
| 2026-04-01 | 0.200 | 0.199491 |
| 2026-03-02 | 0.131 | 0.127842 |
| 2026-02-02 | 0.211 | 0.207239 |
| 2025-12-19 | 0.211 | 0.209170 |
| 2025-12-01 | 0.204 | 0.202150 |
| 2025-11-03 | 0.210 | 0.208013 |
| 2025-10-01 | 0.205 | 0.202980 |
| 2025-09-02 | 0.082 | 0.081785 |
| Attribute | Value |
|---|---|
| All Time High | 102.82 |
| All Time Low | 96.52 |
| Ask | 0.0 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 150 |
| Average Daily Volume3 Month | 857 |
| Average Volume | 857 |
| Average Volume10Days | 150 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 500 |
| Category | Muni Target Maturity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 97.865 |
| Day Low | 97.865 |
| Display Name | 2,035 Tax-Exempt ETF |
| Dividend Yield | 2.43 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 98.9445 |
| Fifty Day Average Change | -1.0795059 |
| Fifty Day Average Change Percent | -0.010910216 |
| Fifty Two Week Change Percent | -3.4457207 |
| Fifty Two Week High | 102.82 |
| Fifty Two Week High Change | -4.955002 |
| Fifty Two Week High Change Percent | -0.04819103 |
| Fifty Two Week Low | 96.52 |
| Fifty Two Week Low Change | 1.3450012 |
| Fifty Two Week Low Change Percent | 0.0139349485 |
| Fifty Two Week Range | 96.52 - 102.82 |
| First Trade Date Milliseconds | 1,755,610,200,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 97.865 |
| Fund Family | Northern Trust |
| Fund Inception Date | 1,755,475,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in debt instruments that pay interest that is exempt from regular federal income tax (“tax-exempt bonds”). The fund primarily invests in investment grade tax-exempt bonds that are rated within the top three rating categories by a NRSRO or of comparable quality as determined by NTI. It is non-diversified. |
| Long Name | Northern Trust 2035 Tax-Exempt Distributing Ladder ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1944063501 |
| Nav Price | 97.5676 |
| Net Assets | 13,585,784.0 |
| Net Expense Ratio | 0.18 |
| Open | 97.21 |
| Phone | +1 8005959111 |
| Previous Close | 97.655 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.209999 |
| Regular Market Change Percent | 0.215042 |
| Regular Market Day High | 97.865 |
| Regular Market Day Low | 97.865 |
| Regular Market Day Range | 97.865 - 97.865 |
| Regular Market Open | 97.21 |
| Regular Market Previous Close | 97.655 |
| Regular Market Price | 97.865 |
| Regular Market Time | 1,791,293,619 |
| Regular Market Volume | 7 |
| Short Name | Northern Trust 2035 Tax-Exempt |
| Source Interval | 15 |
| Symbol | MUNB |
| Total Assets | 13,585,784 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.29844 |
| Trailing Three Month Returns | -3.29844 |
| Triggerable | 1 |
| Two Hundred Day Average | 100.56036 |
| Two Hundred Day Average Change | -2.695366 |
| Two Hundred Day Average Change Percent | -0.026803462 |
| Type Disp | ETF |
| Volume | 7 |
| Yield | 0.024300002 |
| Ytd Return | -2.50839 |