Northern Trust Tax-Exempt Bond ETF (TAXT) is an exchange-traded fund in the Muni National Long category. It has $64.86M in assets, an expense ratio of 0.05% and a 3.17% dividend yield. The underlying index is designed to measure the performance of the investment-grade segment of the U.S. municipal bond market as determined by ICE Data Indices, LLC, the index provider. 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. The fund is non-diversified.