# Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tipb 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 This ETF is designed to deliver regular, inflation-adjusted distributions, comprising both income and principal, primarily sourced from U.S. Treasury Inflation-Protected Securities (TIPS) up until 2035. It caters to investors who need a structured capital spend-down strategy, providing protection against rising prices. The fund helps meet ongoing financial obligations through its disbursements of monthly income and annual principal, tailored for a specific financial horizon ending in 2035. ## Key Facts | Metric | Value | |---|---| | Price | $97.11 | | Expense Ratio | 0.10% | | Assets Under Management | $10.7M | | NAV | $97.11 | | Holdings Count | 11 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $95.55 – $101.56 | | Beta | 0.08 | ## Latest Distribution - Amount: $0.7157 /share - Ex-date: 2026-08-03 - Pay date: 2026-08-07 ## Frequently Asked Questions ### What does TIPB invest in? This ETF is designed to deliver regular, inflation-adjusted distributions, comprising both income and principal, primarily sourced from U.S. Treasury Inflation-Protected Securities (TIPS) up until 2035. It caters to investors who need a structured capital spend-down strategy, providing protection against rising prices. The fund helps meet ongoing financial obligations through its disbursements of monthly income and annual principal, tailored for a specific financial horizon ending in 2035. ### What is the expense ratio of TIPB? Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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 TIPB? Effective duration measures TIPB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TIPB's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TIPB? TIPB'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 TIPB? Yield to maturity (YTM) is the total return you'd earn from TIPB if every bond in the portfolio is held to maturity at the current price. TIPB'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 TIPB? Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) manages $10.7M 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 TIPB pay a dividend? Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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 TIPB pay dividends? Northern Trust 2035 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 TIPB's dividend yield? TIPB's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is TIPB's next ex-dividend date? The most recently announced ex-dividend date for TIPB 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 TIPB'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 TIPB charge its expense ratio? The expense ratio is deducted in tiny daily slices from TIPB'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 TIPB cost more than a fund like VOO? TIPB 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 TIPB's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TIPB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TIPB (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/tipb - Distribution history: https://www.dividenddata.com/funds/tipb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tipb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tipb/expenses - Peer comparison: https://www.dividenddata.com/funds/tipb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.