Price Chart
Key Statistics
Previous Close
$101.30Day Range
52-Week Range
Avg Volume
1.4KDividend Yield
1.23%Expense Ratio
0.18%AUM
$11.1MShares Outstanding
49.8KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- FlexShares
- Types
- Income
- Inception Date
- Aug 18, 2025
- Exchange
- NYSE_ARCA
- Description
- The Fund seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2035.For investors seeking a spend-down strategy to manage recurring expenses through distribution of tax-exempt monthly income and annual principal over a ten-year time horizon.
The Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) is an exchange-traded fund issued by FlexShares that launched on Aug 18, 2025. It currently manages $11.1M in assets under management. The fund charges an expense ratio of 0.18%. The fund holds 208 securities in its portfolio.
Top 10 holdings represent 15.7% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | LAS VEGAS VY NEV WTR DIST GO LTD TAX REF BDS 2021 | 2.10% | 235,000 | $255K |
| 2 | — | RACINE CNTY WIS GO CORPORATE PURP BDS 2024A | 2.06% | 240,000 | $250K |
| 3 | — | NEW MEXICO FIN AUTH REV SR LIEN PUB PROJ REVOLVING | 1.91% | 220,000 | $232K |
| 4 | — | CENTRAL FLA EXPWY AUTH SR LIENREV REF BDS 2021 | 1.64% | 185,000 | $199K |
| 5 | — | CASH | 1.52% | 184,718 | $185K |
| 6 | — | DISTRICT COLUMBIA GO BDS 2023 B 23/MAR/2023 | 1.37% | 155,000 | $166K |
| 7 | — | GARDNER KANS GO BDS 2020A 28/MAY/2020 01/OCT/2027 | 1.29% | 155,000 | $156K |
| 8 | — | FLORIDA ST BRD ED PUB ED REF CAP OUTLAY BDS 2021 A | 1.28% | 145,000 | $155K |
| 9 | — | DISTRICT COLUMBIA GO BDS 2023A 23/MAR/2023 | 1.27% | 145,000 | $154K |
| 10 | — | WASHINGTON ST CTFS PARTN COPS 2024A 27/FEB/2024 | 1.23% | 135,000 | $149K |
| 11 | — | KING CNTY WASH SCH DIST NO 405 BELLEVUE UNLTD TAX | 1.23% | 140,000 | $149K |
| 12 | — | NEENAH WIS JT SCH DIST GO CORP PURP BDS | 1.18% | 140,000 | $143K |
| 13 | — | TALLAHASSEE FLA CAP BDS REF BDS 2025 21/AUG/2025 | 1.10% | 120,000 | $133K |
| 14 | — | DALLAS FORT WORTH TEX INTL ARPT REV JT REF IMPT | 1.09% | 125,000 | $133K |
| 15 | — | BALTIMORE MD REV REF REV BDS 2017 B 09/FEB/2017 | 1.08% | 130,000 | $131K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.07% | |
| 1W | +0.32% | |
| 1M | +1.21% | |
| 3M | -0.62% | |
| 6M | +0.07% | |
| YTD | +0.19% | |
| 1Y | +1.22% | |
| 3Y | +1.22% | |
| 5Y | +1.22% |
Moving Averages
$100.72
Above 20-Day MA$101.37
Below 50-Day MA$101.25
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$102.72
Current Price
$101.37
52-Week Low
$100.03
Current Yield
1.23%
Annual Dividend
$0.7565
Frequency
12x/year
Last Ex-Date
Mar 2, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 2, 2026 | $0.1312 | Mar 6, 2026 |
| Feb 2, 2026 | $0.2111 | Feb 6, 2026 |
| Dec 19, 2025 | $0.2106 | Dec 26, 2025 |
| Dec 1, 2025 | $0.2036 | Dec 5, 2025 |
| Nov 3, 2025 | $0.2099 | Nov 7, 2025 |
| Oct 1, 2025 | $0.2047 | Oct 7, 2025 |
| Sep 2, 2025 | $0.0820 | Sep 8, 2025 |
Dividend Payments Over Time
Category Comparison
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