Price Chart
Key Statistics
Previous Close
$97.90Day Range
N/A52-Week Range
Avg Volume
7Dividend Yield
—Expense Ratio
0.18%AUM
$9.7MShares Outstanding
99.9KETF 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 % |
|---|---|
| United States | 97.84% |
| Other | 2.16% |
Fund Information
- Issuer
- FlexShares
- Inception Date
- Aug 25, 2026
- Description
- The fund seeks to achieve its investment objective by employing a laddered bond strategy. It invests in high-quality municipal bonds with different maturity dates, or rungs, through the year 2046. The fund is designed to provide investors tax-exempt monthly income and annual return of principal for the life of the fund. As bonds in a rung reach their final maturity, the fund generally will not reinvest the proceeds but will make a cash distribution to shareholders.
The Northern Trust 2046 Tax-Exempt Distributing Ladder ETF (MUNG) is an exchange-traded fund issued by FlexShares that launched on Aug 25, 2026. It currently manages $9.7M in assets under management. The fund charges an expense ratio of 0.18%. The fund holds 183 securities in its portfolio.
Top 10 holdings represent 19.3% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | IDAHO BD BK AUTH REV REF BDS 2026A 27/MAY/2026 | 2.37% | 215,000 | $231K |
| 2 | — | RUTHERFORD CNTY TENN GEN OBLIG REF BDS 2026 | 2.25% | 200,000 | $219K |
| 3 | — | CASH | 2.16% | 210,752 | $211K |
| 4 | — | WASHINGTON ST VAR PURP GO BDS 2021 C 25/FEB/2021 | 2.08% | 195,000 | $203K |
| 5 | — | CARROLLTON GA INDPT SCH SYS GEN OBLIG BDS B | 2.08% | 175,000 | $203K |
| 6 | — | ILLINOIS ST SALES TAX REV JR OBLIG BUILD BDS | 1.97% | 185,000 | $192K |
| 7 | — | KENTUCKY ST TPK AUTH ECONOMIC DEV RD REV REF BDS | 1.73% | 160,000 | $169K |
| 8 | — | INDIANA ST FIN AUTH REV REVOLVING FD PROG BDS | 1.58% | 150,000 | $154K |
| 9 | — | GRANITE SCH DIST UTAH SALT LAKE CNTY GO BLDG BDS | 1.56% | 145,000 | $152K |
| 10 | — | ST JOHNS CNTY FLA SPL OBLIG REV REF BDS 2025 | 1.51% | 145,000 | $148K |
| 11 | — | ST JOHNS CNTY FLA SPL OBLIG REV REF BDS 2025 | 1.39% | 125,000 | $136K |
| 12 | — | NORTHEAST WIS TECHNICAL COLLEGE DIST WIS GO PROM | 1.26% | 120,000 | $123K |
| 13 | — | SALES TAX SECURITIZATION CORP ILL REF BDS 2024A | 1.25% | 120,000 | $122K |
| 14 | — | MARLBORO CNTY S C SCH DIST GO REF BDS 2024 | 1.23% | 115,000 | $120K |
| 15 | — | PIERCE CNTY WASH SCH DIST NO 401 PENINSULA UNLTD | 1.20% | 115,000 | $117K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | +0.94% | |
| 1M | +0.24% | |
| 3M | -2.54% | |
| 6M | -2.54% | |
| YTD | -2.54% | |
| 1Y | -2.54% | |
| 3Y | -2.54% | |
| 5Y | -2.54% |
Moving Averages
$96.45
Above 20-Day MA$97.52
Above 50-Day MA$97.52
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$100.20
Current Price
$98.11
52-Week Low
$95.09
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
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