# Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tipa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: FlexShares · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2025-08-18 The Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) is designed to deliver consistent, inflation-adjusted payouts. It achieves this by investing in U.S. Treasury Inflation Protected Securities (TIPS) that mature by 2030, with distributions comprising both interest income and principal from maturing bonds. This fund is ideally suited for investors who are systematically drawing down their assets and require robust protection against inflation to cover predictable expenses. It provides a steady stream of monthly income and annual principal payments, structured to unfold ov... ## Key Facts | Metric | Value | |---|---| | Price | $98.94 | | Expense Ratio | 0.10% | | Assets Under Management | $19.8M | | NAV | $98.97 | | Holdings Count | 6 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $97.89 – $101.66 | | Beta | 0.04 | ## Latest Distribution - Amount: $0.6773 /share - Ex-date: 2026-08-03 - Pay date: 2026-08-07 ## Frequently Asked Questions ### What does TIPA invest in? The Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) is designed to deliver consistent, inflation-adjusted payouts. It achieves this by investing in U.S. Treasury Inflation Protected Securities (TIPS) that mature by 2030, with distributions comprising both interest income and principal from maturing bonds. This fund is ideally suited for investors who are systematically drawing down their assets and require robust protection against inflation to cover predictable expenses. It provides a steady stream of monthly income and annual principal payments, structured to unfold over a five-year period leading up to the 2030 final maturity. ### What is the expense ratio of TIPA? Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of TIPA? Effective duration measures TIPA's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TIPA's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TIPA? TIPA's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of TIPA? Yield to maturity (YTM) is the total return you'd earn from TIPA if every bond in the portfolio is held to maturity at the current price. TIPA's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### How big is TIPA? Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) manages $19.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does TIPA pay a dividend? Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TIPA pay dividends? Northern Trust 2030 Inflation-Linked Distributing Ladder ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TIPA's dividend yield? TIPA's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is TIPA's next ex-dividend date? The most recently announced ex-dividend date for TIPA was 2026-08-03. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will TIPA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TIPA charge its expense ratio? The expense ratio is deducted in tiny daily slices from TIPA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TIPA cost more than a fund like VOO? TIPA is actively managed (current expense ratio 0.10%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TIPA's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TIPA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TIPA (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tipa - Distribution history: https://www.dividenddata.com/funds/tipa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tipa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tipa/expenses - Peer comparison: https://www.dividenddata.com/funds/tipa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.