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Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC)

Muni Target Maturity | Exchange Traded Fund | NYSEArca
98.13 USD -0.01 (-0.012%) ⇩ (Oct. 15, 2026, 10:58 a.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 11:29 a.m. EDT

The immediate outlook is bearish due to a confluence of technical weakness and a specific short-term forecast warning. Price action over the last two weeks shows a distinct downtrend, sliding from $98.14 to $96.35, while the asset trades significantly below both its 50-day and 200-day moving averages, indicating persistent selling pressure. This technical deterioration is reinforced by a high-confidence statistical model predicting a slight downward drift over the next 45 days. While the underlying municipal bond strategy offers a robust 3.39% yield that provides a floor for income investors, the current price momentum suggests the market is pricing in further near-term weakness, making this a defensive hold rather than a momentum play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.024596
AutoARIMA0.025261
MSTL0.025567
AutoETS0.025958

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 76%
H-stat 38.28
Ljung-Box p 0.000
Jarque-Bera p 0.180
Excess Kurtosis -1.35

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.28% 3.22% — —
Dividend History
Date Dividend Yield %
2026-10-01 0.267 0.275357
2026-09-01 0.277 0.278182
2026-08-03 0.281 0.279644
2026-07-01 0.261 0.254609
2026-06-01 0.276 0.270016
2026-05-01 0.267 0.260819
2026-04-01 0.271 0.266719
2026-03-02 0.230 0.220391
2026-02-02 0.341 0.328976
2025-12-19 0.272 0.265275
2025-12-01 0.263 0.256173
2025-11-03 0.272 0.264836
2025-10-01 0.270 0.264511
2025-09-02 0.108 0.107798
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.39

Info Dump

Attribute Value
All Time High 104.805
All Time Low 95.875
Ask 98.28
Ask Size 400
Average Daily Volume10 Day 200
Average Daily Volume3 Month 846
Average Volume 846
Average Volume10Days 200
Beta3 Year 0.0
Bid 97.99
Bid Size 200
Category Muni Target Maturity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 98.1337
Day Low 98.1337
Display Name 2,045 Tax-Exempt ETF
Dividend Yield 3.39
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 98.85814
Fifty Day Average Change -0.7244415
Fifty Day Average Change Percent -0.007328092
Fifty Two Week Change Percent -4.71822
Fifty Two Week High 104.805
Fifty Two Week High Change -6.671303
Fifty Two Week High Change Percent -0.06365443
Fifty Two Week Low 95.875
Fifty Two Week Low Change 2.2586975
Fifty Two Week Low Change Percent 0.023558775
Fifty Two Week Range 95.875 - 104.805
First Trade Date Milliseconds 1,755,610,200,000
Full Exchange Name NYSEArca
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 98.1337
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 is non-diversified.
Long Name Northern Trust 2045 Tax-Exempt Distributing Ladder ETF
Market us_market
Market State POST
Max Age 86,400
Message Board Id finmb_1944063500
Nav Price 97.5763
Net Assets 7,738,013.0
Net Expense Ratio 0.18
Open 98.2
Phone +1 8005959111
Previous Close 98.145
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0112991
Regular Market Change Percent -0.0115127
Regular Market Day High 98.1337
Regular Market Day Low 98.1337
Regular Market Day Range 98.1337 - 98.1337
Regular Market Open 98.2
Regular Market Previous Close 98.145
Regular Market Price 98.1337
Regular Market Time 1,792,076,331
Regular Market Volume 6
Short Name Northern Trust 2045 Tax-Exempt
Source Interval 15
Symbol MUNC
Total Assets 7,738,013
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -5.30541
Trailing Three Month Returns -5.30541
Triggerable 1
Two Hundred Day Average 101.69667
Two Hundred Day Average Change -3.562973
Two Hundred Day Average Change Percent -0.035035297
Type Disp ETF
Volume 6
Yield 0.0339
Ytd Return -3.81237