Northern Trust 2030 Tax-Exempt Distributing Ladder ETF

MUNA

Market cap $10.1M

Income ETFs have become a major part of the investing landscape in recent years, as asset managers have offered new, innovative solutions within the category. Investors of all life stages, from retirement down to those just out of college, have sought ways to add current income to their portfolios.

Northern Trust Asset Management has launched three new fixed income exchange-traded fund (ETF) suites, catering to fixed income investors looking for laddering strategies that focus specifically on municipal and inflation-linked bonds as well as those looking for core muni options to complement a portfolio. The three product suites include 11 ETFs total.

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management has launched three suites of fixed income ETFs today. The 11 new ETFs are the first funds under the new Northern Trust ETFs brand. Two suites of innovative distributing ladder ETFs use patent-pending technology designed to help investors manage the decumulation phase of retirement income and achieve cash flow management goals, while minimizing taxes or protecting against inflation. The third suite offers low-fee, tax-exempt bond index ET.