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 |
|---|---|---|---|---|---|
| City of San Antonio TX Electric & Gas Systems Revenue | 79625GLR2 | $27K | 0.33 | 25,000 | US |
| State of Ohio | 677587DS3 | $27K | 0.33 | 25,000 | US |
| Lower Colorado River Authority | 54811BR45 | $27K | 0.33 | 25,000 | US |
| Greater Martinsville School Building Corp. | 392130GY0 | $27K | 0.33 | 25,000 | US |
| American Municipal Power, Inc. | 02765USW5 | $27K | 0.32 | 25,000 | US |
| Round Rock Independent School District | 779240RL6 | $22K | 0.27 | 20,000 | US |
| State of Florida | 34153QXC5 | $22K | 0.27 | 20,000 | US |
| Orlando Utilities Commission | 686507NC4 | $22K | 0.26 | 20,000 | US |
| Snohomish County Public Utility District No. 1 Electric System Revenue | 833102E93 | $16K | 0.20 | 15,000 | US |
| JEA Water & Sewer System Revenue | 46615SGH5 | $16K | 0.20 | 15,000 | US |
| Triborough Bridge & Tunnel Authority | 89602RNF8 | $16K | 0.20 | 15,000 | US |
| City of Tacoma WA Electric System Revenue | 873519QL9 | $16K | 0.20 | 15,000 | US |
| Crestwood School District/MI | 226363HR3 | $16K | 0.20 | 15,000 | US |
| Regional Transportation Authority | 7599116G0 | $16K | 0.20 | 15,000 | US |
| New York State Dormitory Authority | 64990ATZ8 | $16K | 0.20 | 15,000 | US |
| Pennsylvania Turnpike Commission | 709225KV7 | $16K | 0.20 | 15,000 | US |
| Lansing School District | 516444VA1 | $16K | 0.20 | 15,000 | US |
| Watervliet Public Schools | 942367JC8 | $16K | 0.20 | 15,000 | US |
| Howell Public Schools | 443114WU3 | $16K | 0.20 | 15,000 | US |
| County of Sarasota FL | 80329KNH0 | $16K | 0.20 | 15,000 | US |
| Chicago O'Hare International Airport | 1675937B2 | $16K | 0.19 | 15,000 | US |
| Michigan State University | 594712A43 | $12K | 0.14 | 10,000 | US |
| Wawasee High School Building Corp. | 944052FJ3 | $11K | 0.14 | 10,000 | US |
| City of Mesa AZ | 5904853T3 | $11K | 0.14 | 10,000 | US |
| New York State Dormitory Authority | 64985SGB3 | $11K | 0.13 | 10,000 | US |
| Idaho Housing & Finance Association | 45130ADN2 | $11K | 0.13 | 10,000 | US |
| Oregon City School District No. 62 | 179162LU4 | $11K | 0.13 | 10,000 | US |
| New York City Transitional Finance Authority | 64972JWG9 | $11K | 0.13 | 10,000 | US |
| Auburn University | 050589SF8 | $11K | 0.13 | 10,000 | US |
| City of Tacoma WA Electric System Revenue | 873519QZ8 | $11K | 0.13 | 10,000 | US |
| City of Buckeye AZ | 118084CU4 | $11K | 0.13 | 10,000 | US |
| County of King WA Sewer Revenue | 495290GP7 | $11K | 0.13 | 10,000 | US |
| New York State Dormitory Authority | 64990AYS8 | $11K | 0.13 | 10,000 | US |
| New York State Dormitory Authority | 64990KGS6 | $11K | 0.13 | 10,000 | US |
| Triborough Bridge & Tunnel Authority | 896032AW9 | $11K | 0.13 | 10,000 | US |
| City of Mesa AZ | 5904853Y2 | $11K | 0.13 | 10,000 | US |
| City of Jacksonville FL | 469487XB3 | $11K | 0.13 | 10,000 | US |
| City of Memphis TN Memphis Light Gas & Water Division Electric System Revenue | 586158QR1 | $11K | 0.13 | 10,000 | US |
| New York State Dormitory Authority | 64985SJZ7 | $11K | 0.13 | 10,000 | US |
| North Texas Tollway Authority | 66285WR73 | $11K | 0.13 | 10,000 | US |
| New York City Transitional Finance Authority | 64972JHX9 | $11K | 0.13 | 10,000 | US |
| Clark County Public Utility District No. 1 Electric Revenue | 181108G62 | $11K | 0.13 | 10,000 | US |
| City of New York NY | 64966SAV8 | $11K | 0.13 | 10,000 | US |
| County of King WA | 49474FN97 | $6K | 0.07 | 5,000 | US |
| MSD Warren Township Vision 2005 School Building Corp. | 553543KT5 | $6K | 0.07 | 5,000 | US |
| City of San Antonio TX Electric & Gas Systems Revenue | 79625GLY7 | $6K | 0.07 | 5,000 | US |
| Energy Northwest | 29270C5B7 | $5K | 0.06 | 5,000 | US |
| Lake County Forest Preserve District | 508354WJ2 | $5K | 0.06 | 5,000 | US |
| South Carolina Transportation Infrastructure Bank | 837152VR5 | $5K | 0.06 | 5,000 | US |
| Lehigh County General Purpose Authority | 52480RET3 | $5K | 0.06 | 5,000 | US |
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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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