# Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) — Overview

MUNB · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/munb

## Price

Last close $98.39 on Oct 15, 2026. 52-week range $96.52 – $102.72.

## Fund profile

MUNB seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2035.

| Metric | Value |
| --- | --- |
| Issuer | Northern Trust Investments, Inc. |
| Industry | — |
| Inception | Aug 18, 2025 |
| Assets under management | $13.7M |
| Expense ratio | 0.18% |
| Net asset value | $97.85 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB)?

MUNB seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2035.

### What is MUNB's expense ratio?

Northern Trust 2035 Tax-Exempt Distributing Ladder ETF charges an annual expense ratio of 0.18%. The fund is issued by Northern Trust Investments, Inc..

### How large is MUNB?

Northern Trust 2035 Tax-Exempt Distributing Ladder ETF manages $13.7M in assets and has traded since Aug 18, 2025.

### How do I buy shares of Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB)?

MUNB trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).