Northern Trust launches New York, California intermediate tax-exempt muni bond ETFs
Bitget2026/09/23 14:00- 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.
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