Northern Trust 2036 Tax-Exempt Distributing Ladder ETF (MUNF) is an exchange-traded fund in the Muni Target Maturity category. It has $4.84M in assets and an expense ratio of 0.18%. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in debt instruments that pay interest that is exempt from regular federal income tax (“tax-exempt bonds”). It is non-diversified.