Price Chart
Key Statistics
Previous Close
$98.97Day Range
52-Week Range
Avg Volume
5.3KDividend Yield
1.87%Expense Ratio
0.18%AUM
$7.9MShares 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 % |
|---|---|
| United States | 98.10% |
| Other | 1.90% |
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 $7.9M in assets under management. The fund charges an expense ratio of 0.18%. The fund holds 160 securities in its portfolio.
Top 10 holdings represent 17.9% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | PENNSYLVANIA ST TPK COMMN TPK REV BDS 2025A | 2.54% | 200,000 | $200K |
| 2 | — | MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV | 2.05% | 160,000 | $162K |
| 3 | — | CASH | 1.90% | 150,300 | $150K |
| 4 | — | NEW MEXICO FIN AUTH REV SR LIEN PUB PROJ REVOLVING | 1.81% | 130,000 | $143K |
| 5 | — | HOUSTON TEX INDPT SCH DIST TAX REF BDS 2025 | 1.79% | 130,000 | $142K |
| 6 | — | SOUTH DAKOTA CONSERVANCY DIST REV ST REVOLVING FD | 1.72% | 130,000 | $136K |
| 7 | — | SPOKANE CNTY WASH SCH DIST NO 356 CENT VY UNLTD | 1.66% | 120,000 | $131K |
| 8 | — | ILLINOIS ST UNIV REVS AUXILIARY FACS SYS REF BDS | 1.61% | 120,000 | $127K |
| 9 | — | CRYSTAL CITY TEX INDPT SCH DIST UNLTD TAX REF BDS | 1.40% | 105,000 | $111K |
| 10 | — | OKLAHOMA CITY OKLA WTR UTILS TR UTIL SYS REV REF | 1.40% | 110,000 | $111K |
| 11 | — | EDINBURG TEX CONS INDPT SCH DIST UNLTD TAX REF BDS | 1.28% | 95,000 | $101K |
| 12 | — | DISTRICT COLUMBIA INCOME TAX REV SECD BDS 2026A | 1.27% | 100,000 | $101K |
| 13 | — | METROPOLITAN NASHVILLE ARPT AUTH TENN ARPT REV | 1.21% | 95,000 | $96K |
| 14 | — | FORT LAUDERDALE FLA SPL OBLIG BDS 2025 04/NOV/2025 | 1.14% | 85,000 | $90K |
| 15 | — | UNIVERSITY SOUTH ALA UNIV REVS FACS BDS 2021 | 1.13% | 85,000 | $90K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.11% | |
| 1W | +1.33% | |
| 1M | +0.68% | |
| 3M | -2.25% | |
| 6M | -4.18% | |
| YTD | -3.90% | |
| 1Y | -4.51% | |
| 3Y | -1.14% | |
| 5Y | -1.14% |
Moving Averages
$97.39
Above 20-Day MA$99.02
Below 50-Day MA$102.06
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$107.17
Current Price
$98.86
52-Week Low
$95.56
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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