Northern TrustMuni National LongTAXT · Nasdaq

Northern Trust Tax-Exempt Bond ETF (TAXT)

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Price: $50.98; —30 Oct 2026
Assets: $80.1M; Total net assets
Expense ratio: 0.05%; Category 0.75%
Yield: 3.45%; Trailing distributions

1Y return: 2.2%+2.5%; Category -0.2%
3Y CAGR: —; Category 5.7%
5Y CAGR: —; Category -0.5%

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Northern Trust Tax-Exempt Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+4.3%	+1.1%	+0.6%	+1.5%	+2.2%	—	—	—	+4.6%
Muni National Long average	3.7%	-1.4%	-1.8%	-0.3%	-0.2%	5.7%	-0.5%	1.6%	2.1%
Difference	+0.6%	+2.5%	+2.4%	+1.8%	+2.5%	—	—	—	+2.4%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA20.6%
AA58.6%
A18.7%
BBB2.1%
BB0.1%
Other0.0%

Asset mix

Bonds98.7%
Cash1.3%

ETF details

Issuer: Northern Trust
Category: Fixed Income · Muni National Long
Ticker: TAXT
Exchange: Nasdaq
Inception: 18 Aug 2025 (1.2 years)
Structure: Exchange Traded Fund
Expense ratio: 0.05% (category 0.75%)
Holdings turnover: 4% (category 32%)
Distribution yield: 3.45%
Beta, 3 years: 0.00
Total net assets: $80.1M
Average duration: 4.90 years
Average maturity: 9.98 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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