Northern Trust Tax-Exempt Bond ETF (TAXT)Muni National Long | Exchange Traded Fund | NasdaqGM
51.46 USD
|
Hot Take ↕ | July 11, 2026, 5:28 a.m. EDT
The tax-exempt bond ETF is currently trapped in a state of stagnation, trading within a razor-thin range between $50 and $52.50 over the last year, which effectively neutralizes both short-term momentum and long-term growth potential. While the recent 14-day price action shows minor volatility, the asset is hovering almost perfectly flat against its 50-day and 200-day moving averages, offering no clear directional edge for a tactical trade. The lack of annual price anchors suggests insufficient historical data to confirm a multi-year trend, leaving the long-term outlook neutral rather than bullish. On the income side, the monthly distributions are inconsistent, swinging between roughly $0.11 and $0.16, indicating a yield that is neither stable nor reliably superior to inflation, making it suitable only for investors seeking specific municipal exposure rather than capital appreciation or robust income. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.002304 |
| AutoETS | 0.002304 |
| MSTL | 0.002652 |
| MSTL_37 | 0.003093 |
| AutoTheta | 0.003271 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 75% |
| H-stat | 0.64 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.19 |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.140 | 0.271318 |
| 2026-06-01 | 0.146 | 0.283506 |
| 2026-05-01 | 0.145 | 0.282205 |
| 2026-04-01 | 0.116 | 0.226319 |
| 2026-03-02 | 0.113 | 0.216870 |
| 2026-02-02 | 0.157 | 0.303470 |
| 2025-12-19 | 0.114 | 0.221855 |
| 2025-12-01 | 0.154 | 0.300312 |
| 2025-11-03 | 0.155 | 0.301791 |
| 2025-10-01 | 0.148 | 0.289657 |
| 2025-09-02 | 0.063 | 0.125899 |
| Attribute | Value |
|---|---|
| All Time High | 52.37 |
| All Time Low | 50.035 |
| Ask | 50.14 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 3,410 |
| Average Daily Volume3 Month | 2,740 |
| Average Volume | 2,740 |
| Average Volume10Days | 3,410 |
| Beta3 Year | 0.0 |
| Bid | 51.25 |
| Bid Size | 1 |
| Category | Muni National Long |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.46 |
| Day Low | 51.46 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 51.46994 |
| Fifty Day Average Change | -0.009941101 |
| Fifty Day Average Change Percent | -0.00019314383 |
| Fifty Two Week Change Percent | 2.584052 |
| Fifty Two Week High | 52.37 |
| Fifty Two Week High Change | -0.90999985 |
| Fifty Two Week High Change Percent | -0.017376358 |
| Fifty Two Week Low | 50.035 |
| Fifty Two Week Low Change | 1.4249992 |
| Fifty Two Week Low Change Percent | 0.02848005 |
| Fifty Two Week Range | 50.035 - 52.37 |
| First Trade Date Milliseconds | 1,755,610,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Northern Trust |
| Fund Inception Date | 1,755,475,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-08-19 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The underlying index is designed to measure the performance of the investment-grade segment of the U.S. municipal bond market as determined by ICE Data Indices, LLC, the index provider. 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. The fund is non-diversified. |
| Long Name | Northern Trust Tax-Exempt Bond ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1943287507 |
| Nav Price | 51.4599 |
| Net Assets | 61,073,912.0 |
| Net Expense Ratio | 0.05 |
| Open | 51.41 |
| Phone | +1 8005959111 |
| Previous Close | 51.46 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 51.46 |
| Regular Market Day Low | 51.46 |
| Regular Market Day Range | 51.46 - 51.46 |
| Regular Market Open | 51.41 |
| Regular Market Previous Close | 51.46 |
| Regular Market Price | 51.46 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 4 |
| Short Name | Northern Trust Tax-Exempt Bond |
| Source Interval | 15 |
| Symbol | TAXT |
| Total Assets | 61,073,912 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.01311 |
| Trailing Three Month Returns | 2.01311 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.535835 |
| Two Hundred Day Average Change | -0.07583618 |
| Two Hundred Day Average Change Percent | -0.0014715233 |
| Type Disp | ETF |
| Volume | 4 |
| Ytd Return | 2.06688 |