TAXT (Northern Trust Tax-Exempt Bond ETF) is a recent IPO.
It began trading on August 19, 2025, giving it less than a year of public history. Many charts and metrics below are sparse or empty until more price, financial, and analyst history accumulates — the affected sections are flagged individually so you can tell limited history from missing data.

See exactly how TAXT's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for TAXT and 80,000+ other tickers.
This passively managed ETF is designed for investors seeking tax-exempt income from investment-grade municipal bonds. Its primary goal is to closely track the price and yield performance, before fees and expenses, of the ICE All Maturity Focused Municipal Bond Index. The fund offers broad market exposure by including municipal bonds across the full range of maturities.

Passive, active, Treasuries, corporates, munis, international, and more — the whole spectrum of fixed income ETFs seemed to come off a strong year in 2025. The year was also marked by a bevy of launches.

In conjunction with Nasdaq, TMX VettaFi head of research Todd Rosenbluth co-hosted an Asset Allocation Summit webinar session focusing on the ever-evolving space of fixed income. With fixed income ETFs crossing $325 billion in inflows as of mid-October, there's an obvious interest from investors.