Northern Trust Short-Term Tax-Exempt Bond ETF (TAXS) Price & Chart
TAXS ETF Chart & Stats
- Day’s Range
- $50.19 - $50.20
- 52-Week Range
- $49.15 - $50.74
- Previous Close
- $50.17
- Volume
- 2,784
- Average Volume (3M)
- 30.61K
- AUM
- 194.28M
- NAV
- 50.11
- Expense Ratio
- 0.05%
- Holdings Count
- 0
- Beta
- 0.02
- Inception Date
- Aug 18, 2025
- Last Dividend Ex-Date
- Nov 02, 2026
- Dividend Yield
- (2.39%)
- Shares Outstanding
- 3,820,000
- Standard Deviation
- N/A
ETF Overview
Northern Trust Short-Term Tax-Exempt Bond ETF
The Northern Trust Short-Term Tax-Exempt Bond ETF (TAXS) is designed for investors seeking tax-efficient exposure to high-quality municipal bonds. As a targeted investment vehicle within the Government, Local Authority/Municipal category, TAXS focuses on investment-grade bonds, ensuring that the underlying securities maintain a robust credit quality. This ETF specifically hones in on the short-term niche, tracking a market value-weighted index of US municipal bonds with maturities of less than five years. By investing in bonds exempt from US federal income taxes and the federal alternative minimum tax, TAXS offers a compelling option for investors looking to optimize their after-tax returns. The fund's strategic emphasis on short-term municipal bonds not only mitigates interest rate risk but also provides a stable and predictable income stream, making it an attractive choice for conservative investors aiming for tax-sensitive portfolio diversification.