Northern Trust 2045 Inflation-Linked Distributing Ladder ETF

Frequently Asked Questions About TIPC

What does TIPC invest in?

This Fund endeavors to generate consistent, inflation-adjusted distributions, derived from U.S. Treasury Inflation-Protected Securities (TIPS), comprising both interest payments and the return of capital, extending until 2045. It is specifically designed for individuals pursuing a systematic asset draw-down approach, offering safeguards against inflation to help meet ongoing expenditures through a combination of monthly income and annual principal disbursements over its approximately two-decade lifespan.

What is the expense ratio of TIPC?

Northern Trust 2045 Inflation-Linked Distributing Ladder ETF (TIPC) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is TIPC's dividend yield?

TIPC's trailing-twelve-month yield is 6.47%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TIPC?

Effective duration measures TIPC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TIPC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TIPC?

TIPC'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 TIPC?

Yield to maturity (YTM) is the total return you'd earn from TIPC if every bond in the portfolio is held to maturity at the current price. TIPC'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.