MUNF — Northern Trust 2036 Tax-Exempt Distributing Ladder ETF ☆

The Northern Trust 2036 Tax-Exempt Distributing Ladder ETF is an actively managed fund using a laddered bond strategy. It holds high-quality, investment-grade municipal bonds with staggered maturities through 2036, and is designed to pay tax-exempt income monthly and hand back principal every year, closing out after its final year.