Northern Trust launches New York, California intermediate tax-exempt muni bond ETFs
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- Northern Trust launched two municipal bond ETFs: Northern Trust New York Intermediate Tax-Exempt Bond ETF (TXNY) and Northern Trust California Intermediate Tax-Exempt Bond ETF (TXCA).
- Funds target high-quality, intermediate-duration municipal bonds issued in New York or California.
- Income is exempt from federal income taxes and from state income taxes in the applicable state.
- Launch expands its tax-exempt ETF lineup, following TAXT, TAXI, TAXS, which reached more than $370 million in assets as of Aug. 31, 2026.
- Northern Trust Asset Management had $1.6 trillion in assets under management as of June 30, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260921016896) on September 23, 2026, and is solely responsible for the information contained therein.
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