Price Chart
Key Statistics
Previous Close
$99.63Day Range
N/A52-Week Range
Avg Volume
2.0KDividend Yield
1.23%Expense Ratio
0.18%AUM
$13.9MShares 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 $13.9M in assets under management. The fund charges an expense ratio of 0.18%. The fund holds 253 securities in its portfolio.
Top 10 holdings represent 12.7% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | CASH | 1.82% | 253,597 | $254K |
| 2 | — | DISTRICT COLUMBIA REV FEDERAL HWY GRANT ANTIC BDS | 1.52% | 210,000 | $212K |
| 3 | — | CENTRAL FLA EXPWY AUTH SR LIENREV REF BDS 2021 | 1.45% | 190,000 | $202K |
| 4 | — | WASHINGTON ST CTFS PARTN COPS 2024A 27/FEB/2024 | 1.20% | 155,000 | $167K |
| 5 | — | DISTRICT COLUMBIA GO BDS 2023 B 23/MAR/2023 | 1.18% | 155,000 | $164K |
| 6 | — | LAS VEGAS VY NEV WTR DIST GO LTD TAX REF BDS 2021 | 1.14% | 150,000 | $159K |
| 7 | — | GARDNER KANS GO BDS 2020A 28/MAY/2020 01/OCT/2027 | 1.12% | 155,000 | $156K |
| 8 | — | RACINE CNTY WIS GO CORPORATE PURP BDS 2024A | 1.12% | 150,000 | $155K |
| 9 | — | NEW MEXICO FIN AUTH REV SR LIEN PUB PROJ REVOLVING | 1.10% | 150,000 | $153K |
| 10 | — | DISTRICT COLUMBIA GO BDS 2023A 23/MAR/2023 | 1.09% | 145,000 | $153K |
| 11 | — | KING CNTY WASH SCH DIST NO 405 BELLEVUE UNLTD TAX | 1.06% | 140,000 | $147K |
| 12 | — | NEENAH WIS JT SCH DIST GO CORP PURP BDS | 1.02% | 140,000 | $142K |
| 13 | — | WHEELING ILL GO REF BDS 2021 09/DEC/2021 | 0.97% | 135,000 | $136K |
| 14 | — | DALLAS FORT WORTH TEX INTL ARPT REV JT REF IMPT | 0.94% | 125,000 | $131K |
| 15 | — | IDAHO ST BLDG AUTH SALES TAX REV ED BDS 2025A | 0.88% | 110,000 | $122K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | -0.70% | |
| 1M | -1.38% | |
| 3M | -1.53% | |
| 6M | -2.23% | |
| YTD | -1.43% | |
| 1Y | -0.42% | |
| 3Y | -0.42% | |
| 5Y | -0.42% |
Moving Averages
$100.58
Below 20-Day MA$100.65
Below 50-Day MA$101.13
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$102.72
Current Price
$99.35
52-Week Low
$99.63
Current Yield
1.23%
Annual Dividend
$0.6912
Frequency
Monthlyx/year
Last Ex-Date
Jun 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 1, 2026 | $0.1900 | Jun 5, 2026 |
| May 1, 2026 | $0.1700 | May 7, 2026 |
| Apr 1, 2026 | $0.2000 | Apr 7, 2026 |
| Mar 2, 2026 | $0.1312 | Mar 6, 2026 |
| Mar 2, 2026 | $0.1310 | Mar 6, 2026 |
| Feb 2, 2026 | $0.2111 | Feb 6, 2026 |
| Feb 2, 2026 | $0.2110 | Feb 6, 2026 |
| Dec 19, 2025 | $0.2106 | Dec 26, 2025 |
| Dec 19, 2025 | $0.2106 | Dec 26, 2025 |
| Dec 1, 2025 | $0.2040 | Dec 5, 2025 |
| Dec 1, 2025 | $0.2036 | Dec 5, 2025 |
| Nov 3, 2025 | $0.2100 | Nov 7, 2025 |
| Nov 3, 2025 | $0.2099 | Nov 7, 2025 |
| Oct 1, 2025 | $0.2050 | Oct 7, 2025 |
| Oct 1, 2025 | $0.2047 | Oct 7, 2025 |
| Sep 2, 2025 | $0.0820 | Sep 8, 2025 |
| Sep 2, 2025 | $0.0820 | Sep 8, 2025 |
Dividend Payments Over Time
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