TXNY — Northern Trust New York Intermediate Tax-Exempt Bond ETF ☆

Northern Trust New York Intermediate Tax-Exempt Bond ETF is passively managed, seeking to follow the price and yield of an ICE index of intermediate-term New York municipal bonds. It mainly holds such bonds, whose income is generally exempt from regular federal tax and, for New York residents, from state income taxes. Representative sampling is used, with rebalancing generally in line with the index.