Northern Trust 2045 Tax-Exempt Distributing Ladder ETF (MUNC)
Management Company · ARCX · Series S000093502 · View on SEC EDGAR ↗
$100.46
As of Aug. 27, 2026
▼ -0.10 (-0.10%)
1-day change
$100.46 – $100.83
52-week range
- Net assets
- $8.2M
- Holdings
- 150
- As of
- June 30, 2026
- Top 10 holdings weight
- 25.16%
- Effective number of positions
- 80.9
- Positions above 1%
- 30
On this page
- Price chart The fund's market price over time, with technical overlays.
- Performance Total return, volatility, drawdown and other risk metrics.
- Fund flows Money flowing in and out of the fund each month, from N-PORT filings.
- Holdings Every position the fund currently holds, with weights.
- Sector breakdown How the fund's holdings split across market sectors.
- Dividends The fund's distribution history and current yield.
- Institutional owners 13F institutions that report holding this ETF.
- Similar funds Other funds with overlapping holdings or comparable size.
MUNC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Performance as of Aug. 26, 2026
| Period | Price return | Total return |
|---|---|---|
| 1M | — | — |
| 3M | — | — |
| 6M | — | — |
| YTD | — | — |
| 1Y | — | — |
| 3Y | — | — |
| 5Y | — | — |
| Max since Aug. 18, 2026 | ▼ -0.09% | ▼ -0.09% |
- Volatility 1Y
- —
- Volatility 3Y
- —
- Max drawdown 3Y
- —
- Beta 3Y
- —
- Sharpe 1Y*
- —
Total return assumes dividends are reinvested. Returns are not benchmarked against an index. * Sharpe ratio is computed with a 0% risk-free rate.
Fund flows (SEC-reported)
- Last month (Jun 2026)
- +$0
- Quarter ending Jun 2026
- +$0
- Trailing 12 months
- -$2.1M
Jul 2025 – Jun 2026
Based on the fund's own SEC Form N-PORT monthly flow disclosures (Item C.9 "Flow Information") — sales minus redemptions, reinvested distributions excluded. This is a different, independent metric from the "Net flows" estimate above (which is derived from daily shares-outstanding changes). SEC N-PORT filing lag is up to ~60 days; the most recent month/quarter may not yet be fully reflected.
Full composition 150 holdings · Category: DBT
| Name | CUSIP | Value | % | Balance | Country |
|---|---|---|---|---|---|
| Leander Independent School District | 521841S23 | $56K | 0.68 | 50,000 | US |
| County of King WA | 49474F6X3 | $56K | 0.68 | 50,000 | US |
| Oklahoma Capitol Improvement Authority | 678514EG1 | $56K | 0.68 | 50,000 | US |
| County of Anne Arundel MD | 03588JMB5 | $55K | 0.67 | 50,000 | US |
| City of Grand Prairie TX | 386138W49 | $55K | 0.67 | 50,000 | US |
| New Jersey Transportation Trust Fund Authority | 64613CGD4 | $55K | 0.66 | 50,000 | US |
| Florida Atlantic University Finance Corp. | 31200CEU6 | $54K | 0.66 | 50,000 | US |
| State of Illinois Sales Tax Revenue | 452227VN8 | $54K | 0.66 | 50,000 | US |
| San Antonio Water System | 79642GSU7 | $50K | 0.61 | 45,000 | US |
| City of Lake Havasu City AZ Wastewater System Revenue | 50989RAU4 | $50K | 0.61 | 45,000 | US |
| New York City Transitional Finance Authority | 64972JQH4 | $50K | 0.60 | 45,000 | US |
| L'Anse Creuse Public Schools | 516228TJ2 | $49K | 0.60 | 45,000 | US |
| University of Washington | 91523NE44 | $45K | 0.55 | 40,000 | US |
| Northwest Independent School District | 667826HB0 | $44K | 0.53 | 40,000 | US |
| Pierce County School District No. 320 Sumner | 720526YX4 | $40K | 0.48 | 35,000 | US |
| District of Columbia Income Tax Revenue | 25477GYF6 | $39K | 0.48 | 35,000 | US |
| Temple Independent School District/TX | 880081UG7 | $39K | 0.48 | 35,000 | US |
| Round Rock Independent School District | 779240RK8 | $39K | 0.48 | 35,000 | US |
| Celina Independent School District | 151145ZM4 | $39K | 0.48 | 35,000 | US |
| Pennsylvania Turnpike Commission | 709225NR3 | $39K | 0.47 | 35,000 | US |
| Ferndale Public Schools | 315162HP5 | $39K | 0.47 | 35,000 | US |
| City of Grand Prairie TX | 386138W23 | $39K | 0.47 | 35,000 | US |
| New York State Dormitory Authority | 64990KGQ0 | $39K | 0.47 | 35,000 | US |
| Kentucky State Property & Building Commission | 49151F5F3 | $38K | 0.47 | 35,000 | US |
| City of New York NY | 64966SLZ7 | $38K | 0.46 | 35,000 | US |
| Iowa Finance Authority | 46247SGL2 | $33K | 0.40 | 30,000 | US |
| Energy Northwest | 29270C6V2 | $33K | 0.40 | 30,000 | US |
| Triborough Bridge & Tunnel Authority | 896032AU3 | $33K | 0.40 | 30,000 | US |
| New York City Transitional Finance Authority | 64972JTA6 | $33K | 0.40 | 30,000 | US |
| University of Washington | 91523NA97 | $33K | 0.40 | 30,000 | US |
| Romeo Community School District | 776134SM1 | $33K | 0.40 | 30,000 | US |
| Kentucky State Property & Building Commission | 49151F5H9 | $33K | 0.40 | 30,000 | US |
| County of Ector TX | 279245KT0 | $32K | 0.39 | 30,000 | US |
| State of Illinois Sales Tax Revenue | 452227VP3 | $32K | 0.39 | 30,000 | US |
| City of Chicago IL Wastewater Transmission Revenue | 167727J64 | $32K | 0.39 | 30,000 | US |
| Sales Tax Securitization Corp. | 79467BBW4 | $32K | 0.38 | 30,000 | US |
| Marion & Ralls Counties School District No. 60 Hannibal | 569101KA5 | $30K | 0.36 | 25,000 | US |
| Hilliard School District | 431621TS0 | $28K | 0.34 | 25,000 | US |
| JEA Electric System Revenue | 46613SSF8 | $28K | 0.34 | 25,000 | US |
| King County School District No. 401 Highline | 495033HB1 | $28K | 0.34 | 25,000 | US |
| DuPage County High School District No. 87 Glenbard | 263309RR9 | $28K | 0.34 | 25,000 | US |
| Regional Transportation Authority | 7599116E5 | $27K | 0.33 | 25,000 | US |
| University of Washington | 91523NB21 | $27K | 0.33 | 25,000 | US |
| City of Grand Prairie TX | 386138W64 | $27K | 0.33 | 25,000 | US |
| Pennsylvania Turnpike Commission | 709225LJ3 | $27K | 0.33 | 25,000 | US |
| Arizona Board of Regents | 040484F69 | $27K | 0.33 | 25,000 | US |
| Oklahoma Turnpike Authority | 679111E42 | $27K | 0.33 | 25,000 | US |
| Gobles Public Schools | 380208KF4 | $27K | 0.33 | 25,000 | US |
| City of Lubbock TX | 5491888A1 | $27K | 0.33 | 25,000 | US |
| County of Sarasota FL | 80329KNG2 | $27K | 0.33 | 25,000 | US |
Page 2
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Sector breakdown
Other/Unmapped
100.0%
Dividends 12 payments
3.10%
TTM yield
$3.11
TTM payout / share
Monthly
(est.)
| Ex-date | Amount / share |
|---|---|
| Aug. 3, 2026 | $0.2810 |
| July 1, 2026 | $0.2610 |
| June 1, 2026 | $0.2760 |
| May 1, 2026 | $0.2670 |
| April 1, 2026 | $0.2710 |
| March 2, 2026 | $0.2300 |
| Feb. 2, 2026 | $0.3410 |
| Dec. 19, 2025 | $0.2720 |
| Dec. 1, 2025 | $0.2630 |
| Nov. 3, 2025 | $0.2720 |
| Oct. 1, 2025 | $0.2700 |
| Sept. 2, 2025 | $0.1080 |
Institutional owners (13F) 6 filers
Institutions that report holding this ETF in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| Institution | Value | % of tracked 13F | Shares | Type | As of |
|---|---|---|---|---|---|
| MORGAN STANLEY | $2,056,494 | 25.46% | 20,000 | Shares | June 30, 2026 |
| BANK OF AMERICA CORP /DE/ | $2,056,480 | 25.46% | 20,000 | Shares | June 30, 2026 |
| JPMORGAN CHASE & CO | $1,541,859 | 19.09% | 15,000 | Shares | June 30, 2026 |
| OLD MISSION CAPITAL LLC | $1,260,528 | 15.60% | 12,259 | Shares | June 30, 2026 |
| NORTHERN TRUST CORP | $710,724 | 8.80% | 6,912 | Shares | June 30, 2026 |
| JANE STREET GROUP, LLC | $451,709 | 5.59% | 4,393 | Shares | June 30, 2026 |
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