Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) Price & Chart
TAXI ETF Chart & Stats
- Day’s Range
- $50.72 - $50.82
- 52-Week Range
- $48.76 - $52.18
- Previous Close
- $50.68
- Volume
- 161.30K
- Average Volume (3M)
- 81.27K
- AUM
- 326.76M
- NAV
- 50.69
- Expense Ratio
- 0.05%
- Holdings Count
- 0
- Beta
- 0.07
- Inception Date
- Aug 19, 2025
- Last Dividend Ex-Date
- Oct 01, 2026
- Dividend Yield
- (2.62%)
- Shares Outstanding
- 6,460,000
- Standard Deviation
- N/A
ETF Overview
Northern Trust Intermediate Tax-Exempt Bond ETF
The Northern Trust Intermediate Tax-Exempt Bond ETF (TAXI) offers investors a strategic opportunity to gain exposure to a diversified portfolio of U.S. investment-grade municipal bonds. Designed to cater to those seeking tax-efficient income solutions, TAXI focuses on bonds that are exempt from U.S. federal income taxes and the federal alternative minimum tax, making it an attractive option for tax-conscious investors. The ETF specifically targets the intermediate niche, investing in bonds with maturities of less than 15 years, thereby striking a balance between risk and return. As part of the Government, Local Authority/Municipal category, TAXI emphasizes bonds issued by state and local governments, ensuring a focus on creditworthy, investment-grade securities. By tracking a market value-weighted index, TAXI aims to provide a reliable and diversified stream of tax-advantaged income, appealing to those seeking stability and potential capital preservation in their fixed-income portfolios.