New

Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →

Help us improve your experience. Please confirm your investor type:

Compare ETFs Easily

The Ultimate ETF Comparison Tool - Try Now!

Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.

›ETF Providers›FlexShares›MUNC
MUNC
US6651621608
Active ETFFixed Income

MUNC ETF · Northern Trust 2045 Tax-Exempt Distributing Ladder ETF

The MUNC Exchange Traded Fund (ETF) is provided by FlexShares. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update Today at 5:11 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.-0.65%
Last price
$102.67
-0.19%
1M perf.
-1.22%
1M flows
N/A
AuM
€7.2M
E/R
0.1%
Rating
Not rated
ESG Consensus®
esg grade icon
MUNC
$102.67
-0.19%

Performance & flows

Segment for quartile rank
December 15, 2025 → March 13, 2026
00.000.501.001.502.002.50%JANFEBMAR
Create a free account to view the flows graph
MUNC
$102.85
+1.04%
Municipal Bonds
+0.90%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-1.22%
icon
+1.04%
icon
N/AN/AN/A
-1.64%
+0.65%
+0.65%
icon
Flows

Key fund info

Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
CUSIP
665162160
ISIN
US6651621608
AuM
€7.2M
icon
E/R
0.1%
icon
ESG Consensus®
esg grade icon
More details
NAV
3/13/2026
$102.85
1D NAV change
+0.09%
Dividend policy
No. of holdings
N/A
Inception date
8/19/2025
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Fund seeks to provide periodic distributions consisting of income exempt from regular federal income tax and/or principal through 2045.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
half moonhalf moon double
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
See all Trackinsight Enterprise features

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight Enterprise

Advertisement

Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+1.04%
icon
N/A
N/A
N/A
Volatility
Perf./Volatility
Max drawdown
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Exposure

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

FlexShares
FlexShares ID Card
Number of funds
36
Total AuM
€22.57B
Expense ratio range
0.09% - 0.58%
Average expense ratio
0.2633%

Frequently asked questions about MUNC

What does Northern Trust 2045 Tax-Exempt Distributing Ladder ETF, MUNC, invest in?

MUNC is a Active ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.

What is the Total Expense ratio (TER) of MUNC?

MUNC carries a total expense ratio (TER) of 0.1%, indicating the annual cost for holding the fund.

When was MUNC launched?

MUNC was introduced to the market on August 19, 2025. It trades on United States

Who is the ETF issuer of MUNC?

Northern Trust 2045 Tax-Exempt Distributing Ladder ETF, MUNC, is provided by FlexShares. Learn more about FlexShares here.

What is the current assets under management (AUM) of MUNC?

MUNC oversees €7.2M in assets as of March 13, 2026.

How has MUNC performed lately?

Based on data from March 13, 2026, MUNC returned -1.22% over the past month, 1.04% over the last three months and 0.65% year-to-date.

What are the latest inflows or outflows for MUNC?

As of March 13, 2026, MUNC recorded net flows of -€1.7M year-to-date.

Does MUNC distribute dividends?

MUNC follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of MUNC?

The base currency of MUNC is USD.

Advertisement

Trackinsight

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy  |  Cookie policy  |    |  Terms of use  |  Imprint
Trackinsight