Northern Trust California Intermediate Tax-Exempt Bond ETF (TXCA) Stock News

Northern Trust Asset Management (NTRS, TXNY, TXCA) has launched two municipal bond ETFs, the Northern Trust New York Intermediate Tax-Exempt Bond ETF (TXNY) and the Northern Trust California Intermediate Tax-Exempt Bond ETF (TXCA). The funds provide exposure to high-quality, intermediate-duration municipal bonds issued in New York and California, with income exempt from federal income tax and from income tax in the applicable state. Managed by a municipal bond team with more than 30 years of experience, the launch expands Northern Trust’s tax-exempt ETF range, which already includes TAXT, TAXI and TAXS with more than US$370 million in assets as of August 31, 2026. Northern Trust Asset Management reports US$1.6 trillion in assets under management and US$27 billion in ETF assets as of June 30, 2026.