Northern Trust Expands Municipal Bond ETF Lineup with New York and California Tax-Exempt ETFs
Northern Trust adds New York and California state-specific, tax-exempt municipal bond ETFs to its existing tax-aware fixed income lineup.
New ETFs give investors exposure to state-specific municipal bonds and tax-exempt income
The ETFs offer exposure to high-quality, intermediate-duration municipal bonds issued in
TXNY and TXCA provide targeted exposure to intermediate-duration municipal bonds, offering a balance of income potential and interest-rate risk protection in an uncertain rate environment.
“Investors are increasingly seeking precise, tax-aware fixed income solutions that align with where they live and pay taxes,” said Dave Abner, Global Head of ETFs and Funds at Northern Trust Asset Management. “For investors in high-tax states such as
TXNY and TXCA are managed by Northern Trust Asset Management's municipal bond investment team, which has more than 30 years of experience managing national and state-specific municipal bond portfolios. The team oversees a broad range of municipal bond strategies across active mutual funds, index and laddered ETFs, and active and laddered separately managed accounts.
The launch expands Northern Trust's lineup of tax-exempt ETFs, which also includes TAXT, TAXI and TAXS. Introduced in 2025, those funds have grown to more than
With more than 15 years of experience managing ETFs and
Additional information about Northern Trust ETFs is available at: etfs.ntam.northerntrust.com
About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives. Entrusted with
Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2026, Northern Trust had assets under custody/administration of US
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.
Before investing, carefully consider the investment objectives, risks, charges and expenses. This and other information are in the prospectus and a summary prospectus, copies of which may be obtained by visiting https://ntam.northerntrust.com/united-states/individual/etfs. Read the prospectus carefully before you invest.
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Source: Northern Trust