MUNC · ARCA · ETF
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC) Price, Holdings & Fees
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC) closed at $479.06 on Oct 9, 2026, down 0.65% from the previous close of $482.17.
Share price, past year
1Y +20.22%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $479.06 |
| Sep 30, 2026 | $468.61 |
| Aug 31, 2026 | $419.49 |
| Jul 31, 2026 | $442.97 |
| Jun 30, 2026 | $432.28 |
| May 29, 2026 | $454.56 |
| Apr 30, 2026 | $425.43 |
| Mar 31, 2026 | $413.76 |
| Feb 27, 2026 | $416.32 |
| Jan 30, 2026 | $420.98 |
| Dec 31, 2025 | $423.87 |
| Nov 28, 2025 | $399.28 |
| Oct 31, 2025 | $404.93 |
Key statistics
- Expense ratio
- 0.18%
- as of Dec 31, 2025
- Net assets
- $8.2M
- as of Jun 30, 2026
- Holdings
- 150
- as of Jun 30, 2026
- 52-week range
- $389.94 – $485.61
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF's expense ratio is 0.18%: $18.00 a year on $10,000 invested.
Holdings
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF held 150 investments worth $8.24M as of Jun 30, 2026. Its largest holding was Utility Debt Securitization Authority, at 3.29% of the fund.
| # | Holding | % of fund | Value |
|---|---|---|---|
| 1 | Utility Debt Securitization Authority | 3.29% | $271.09K |
| 2 | City of Sun Prairie WI | 3.21% | $264.33K |
| 3 | Los Angeles Department of Water & Power | 3.17% | $261.32K |
| 4 | County of Wake NC | 3.02% | $248.81K |
| 5 | New Jersey Transportation Trust Fund Authority | 2.61% | $214.61K |
| 6 | City of Manhattan KS | 2.54% | $209.39K |
| 7 | County of Baltimore MD | 1.90% | $156.80K |
| 8 | Ferris State University | 1.85% | $152.60K |
| 9 | Central Florida Tourism Oversight District | 1.85% | $152.57K |
| 10 | Metropolitan Water Reclamation District of Greater Chicago | 1.71% | $141.13K |
| 11 | Cook Kane Lake & McHenry Counties Community College District No. 512 | 1.41% | $115.98K |
| 12 | Seattle Museum Development Authority | 1.39% | $114.80K |
| 13 | Round Rock Independent School District | 1.39% | $114.79K |
| 14 | Quitman Independent School District | 1.37% | $112.99K |
| 15 | City of New York NY | 1.35% | $111.22K |
| 16 | St Paul Independent School District No. 625 | 1.33% | $109.91K |
| 17 | Kentucky State Property & Building Commission | 1.30% | $107.17K |
| 18 | Madison County Board of Education/AL | 1.29% | $106.63K |
| 19 | Mansfield Independent School District | 1.25% | $102.63K |
| 20 | State of Florida | 1.19% | $98.32K |
| 21 | Utah Transit Authority | 1.18% | $97.21K |
| 22 | Commonwealth of Massachusetts | 1.18% | $96.80K |
| 23 | State of Hawaii | 1.16% | $95.56K |
| 24 | Lubbock-Cooper Independent School District | 1.16% | $95.38K |
| 25 | District of Columbia Income Tax Revenue | 1.06% | $87.00K |
Top 25 of 150 holdings, as of Jun 30, 2026. Percentages are of the fund's net assets.
What the fund owns
| Asset type | % of fund |
|---|---|
| Bonds and other debt | 97.41% |
| Country | % of fund |
|---|---|
| United States | 97.41% |
Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.
Monthly total returns
Over the 3 months to Jun 30, 2026, Northern Trust 2045 Tax-Exempt Distributing Ladder ETF's total return was +1.97%, as reported to the SEC.
| Month | Total return |
|---|---|
| Jun 30, 2026 | +0.62% |
| May 31, 2026 | +0.22% |
| Apr 30, 2026 | +1.11% |
The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.
Fund profile
- Name
- Northern Trust 2045 Tax-Exempt Distributing Ladder ETF
- Ticker
- MUNC
- Exchange
- ARCA
- Fund type
- ETF
- Trust
- NORTHERN FUNDS
- SEC series ID
- S000093502
- SEC CIK
- 0000916620
- Fractional shares
- No
Recent SEC filings
- Aug 27, 2026
- 485BPOSProspectus updateOct 7, 2026
- Sep 3, 2026
- 485BPOSProspectus updateAug 21, 2026
- 485BPOSProspectus updateAug 21, 2026
- 485BPOSProspectus updateJul 29, 2026
- Jun 5, 2026
- 485BPOSProspectus updateApr 29, 2026
Shareholder reports and prospectuses are filed by NORTHERN FUNDS, the trust behind Northern Trust 2045 Tax-Exempt Distributing Ladder ETF, and cover all of its funds.
Frequently asked questions
What is MUNC's price?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC) closed at $479.06 on Oct 9, 2026, down 0.65% from the previous close of $482.17.
What is MUNC's expense ratio?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF's expense ratio is 0.18%: $18.00 a year on $10,000 invested.
What does MUNC hold?
Northern Trust 2045 Tax-Exempt Distributing Ladder ETF held 150 investments worth $8.24M as of Jun 30, 2026. Its largest holding was Utility Debt Securitization Authority, at 3.29% of the fund. Its five largest holdings were Utility Debt Securitization Authority, City of Sun Prairie WI, Los Angeles Department of Water & Power, County of Wake NC, New Jersey Transportation Trust Fund Authority.
How has MUNC performed?
Over the 3 months to Jun 30, 2026, Northern Trust 2045 Tax-Exempt Distributing Ladder ETF's total return was +1.97%, as reported to the SEC.
Sources and methodology
Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jun 30, 2026 (filed Aug 27, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Dec 31, 2025. Prices are generated sample data for development. Data sources and disclosures