Price Chart
Key Statistics
Previous Close
$101.17Day Range
52-Week Range
Avg Volume
221Dividend Yield
1.87%Expense Ratio
0.18%AUM
$4.0MShares Outstanding
99.1KETF 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 2055.For investors seeking a spend-down strategy to manage recurring expenses through distribution of tax-exempt monthly income and annual principal over a thirty-year time horizon.
The Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) is an exchange-traded fund issued by FlexShares that launched on Aug 18, 2025. It currently manages $4.0M in assets under management. The fund charges an expense ratio of 0.18%. The fund holds 99 securities in its portfolio.
Top 10 holdings represent 27.3% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | CASH | 5.75% | 233,369 | $233K |
| 2 | — | MASSACHUSETTS ST DEV FIN AGY REV BDS 2025 A-2 | 3.16% | 115,000 | $128K |
| 3 | — | LUBBOCK TEX ELEC LT & PWR SYS REV BDS 2021 | 3.15% | 120,000 | $128K |
| 4 | — | PASCO CNTY FLA CAP IMPT NON-AD VALOREM REV BDS | 3.10% | 115,000 | $126K |
| 5 | — | ANNE ARUNDEL CNTY MD GO CONSOLIDATED REF BDS 2025B | 2.31% | 85,000 | $94K |
| 6 | — | ILLINOIS ST SALES TAX REV JR OBLIG BUILD BDS MARCH | 2.23% | 85,000 | $90K |
| 7 | — | KING CNTY WAS SCH DIST NO 401 HIGHLINE UNLTD TAX | 2.00% | 75,000 | $81K |
| 8 | — | MANHATTAN KANS GO BDS 2025-A 12/JUN/2025 | 1.90% | 70,000 | $77K |
| 9 | — | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV FUTURE | 1.86% | 70,000 | $75K |
| 10 | — | DUVAL CNTY FLA SCH BRD CTFS PARTN COPS 2022 A | 1.82% | 70,000 | $74K |
| 11 | — | DOWNTOWN SMYRNA DEV AUTH GA REV BDS 2021 | 1.79% | 70,000 | $72K |
| 12 | — | SUN PRAIRIE WIS GO PROM NTS 2025A 27/AUG/2025 | 1.73% | 65,000 | $70K |
| 13 | — | BALTIMORE CNTY MD GO REF BDS 2024 24/JUL/2024 | 1.62% | 60,000 | $66K |
| 14 | — | ROCKWALL TEX INDPT SCH DIST UNLTD TAX REF BDS 2025 | 1.61% | 60,000 | $65K |
| 15 | — | SALES TAX SECURITIZATION CORP ILL REF BDS 2024A | 1.47% | 55,000 | $60K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.40% | |
| 1W | -0.89% | |
| 1M | -2.20% | |
| 3M | -1.48% | |
| 6M | -2.41% | |
| YTD | -1.68% | |
| 1Y | +1.14% | |
| 3Y | +1.14% | |
| 5Y | +1.14% |
Moving Averages
$102.66
Below 20-Day MA$102.77
Below 50-Day MA$103.19
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$107.17
Current Price
$101.57
52-Week Low
$99.93
Current Yield
1.87%
Annual Dividend
$1.2160
Frequency
Monthlyx/year
Last Ex-Date
Jun 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 1, 2026 | $0.3140 | Jun 5, 2026 |
| May 1, 2026 | $0.3040 | May 7, 2026 |
| Apr 1, 2026 | $0.3290 | Apr 7, 2026 |
| Mar 2, 2026 | $0.2690 | Mar 6, 2026 |
| Mar 2, 2026 | $0.2686 | Mar 6, 2026 |
| Feb 2, 2026 | $0.3134 | Feb 6, 2026 |
| Feb 2, 2026 | $0.3130 | Feb 6, 2026 |
| Dec 19, 2025 | $0.3122 | Dec 26, 2025 |
| Dec 19, 2025 | $0.3122 | Dec 26, 2025 |
| Dec 1, 2025 | $0.3120 | Dec 5, 2025 |
| Dec 1, 2025 | $0.3118 | Dec 5, 2025 |
| Nov 3, 2025 | $0.3092 | Nov 7, 2025 |
| Nov 3, 2025 | $0.3090 | Nov 7, 2025 |
| Oct 1, 2025 | $0.3054 | Oct 7, 2025 |
| Oct 1, 2025 | $0.3050 | Oct 7, 2025 |
| Sep 2, 2025 | $0.1210 | Sep 8, 2025 |
| Sep 2, 2025 | $0.1209 | Sep 8, 2025 |
Dividend Payments Over Time
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