{"entity_type":"fund","name":"Northern Trust 2035 Tax-Exempt Distributing Ladder ETF","identifiers":{"lei":"254900S9H159CNOMPQ83","cik":"916620","fund_id":"S000093511","fundkey":"northern-trust-2035-tax-exempt-distributing-ladder-etf"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2025-12-31","filing_date":"2026-02-25"},"summary":{"total_positions":86,"total_value_usd":4914076,"asset_categories":["DBT"],"by_asset_category":{"DBT":{"positions":86,"total_value_usd":4914076}}},"holdings":[{"issuer_name":"King County School District No. 405 Bellevue","title":"King County School District No. 405 Bellevue, Series 2021B","isin":"US495098D288","value_usd":150052,"pct_val":2.969594388914,"balance":140000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Neenah Joint School District","title":"Neenah Joint School District","isin":"US639905EW41","value_usd":144047.4,"pct_val":2.850760741461,"balance":140000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Las Vegas Valley Water District","title":"Las Vegas Valley Water District, Series 2021A","isin":"US517845LF85","value_usd":135617.5,"pct_val":2.683929351415,"balance":125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2023B","isin":"US25476FB315","value_usd":135366.25,"pct_val":2.678957004561,"balance":125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Fort Worth International Airport","title":"Dallas Fort Worth International Airport, Series 2023B","isin":"US23503CCN56","value_usd":133302.5,"pct_val":2.63811449383,"balance":125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Baltimore MD","title":"City of Baltimore, Series 2017B","isin":"US059231J439","value_usd":131500.2,"pct_val":2.602446192394,"balance":130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Tallahassee FL","title":"City of Tallahassee, Series 2025","isin":"US874458MB57","value_usd":122630.2,"pct_val":2.426905031798,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Racine WI","title":"County of Racine, Series 2025A","isin":"US749845M675","value_usd":121065.1,"pct_val":2.395931021601,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sun Prairie WI","title":"City of Sun Prairie, Series 2025A","isin":"US866849W400","value_usd":120527,"pct_val":2.385281788397,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Mexico Finance Authority","title":"New Mexico Finance Authority, Series 2024A","isin":"US64711RMW33","value_usd":119200.95,"pct_val":2.359038681745,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clark County School District","title":"Clark County School District, Series 2019A","isin":"US181059F763","value_usd":118983.6,"pct_val":2.354737230645,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Dutchess NY","title":"County of Dutchess, Series 2024A","isin":"US267040KH55","value_usd":117950.8,"pct_val":2.334297669127,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Ohio","title":"State of Ohio, Series 2020A","isin":"US67760AFD37","value_usd":109514,"pct_val":2.167329725079,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Borough of North Slope AK","title":"Borough of North Slope, Series 2024B","isin":"US662523W399","value_usd":106010,"pct_val":2.097984039991,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"El Paso Independent School District","title":"El Paso Independent School District, Series 2020","isin":"US283770NM33","value_usd":103274.5,"pct_val":2.043847304387,"balance":95000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Georgia State Road & Tollway Authority","title":"Georgia State Road & Tollway Authority, Series 2017A","isin":"US37358MDU27","value_usd":90942.3,"pct_val":1.799787698897,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Memphis TN","title":"City of Memphis, Series 2020A","isin":"US586145Y655","value_usd":86912.5,"pct_val":1.720036202959,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Grapevine-Colleyville Independent School District","title":"Grapevine-Colleyville Independent School District, Series 2025","isin":"US3886406J89","value_usd":84962.4,"pct_val":1.681442875194,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Inland Lakes Schools","title":"Inland Lakes Schools, Series 2024","isin":"US457380DS98","value_usd":84023.25,"pct_val":1.662856687937,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Delaware","title":"State of Delaware, Series 2023A","isin":"US246381SD03","value_usd":80663.2,"pct_val":1.596359836002,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Three Rivers Community Schools","title":"Three Rivers Community Schools, Series 2023II","isin":"US88567AHW09","value_usd":79457.7,"pct_val":1.572502466318,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Mexico Finance Authority","title":"New Mexico Finance Authority, Series 2022A","isin":"US64711PJX96","value_usd":79048.2,"pct_val":1.564398283087,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Mexico Finance Authority","title":"New Mexico Finance Authority, Series 2023B","isin":"US64711PNE69","value_usd":77675.25,"pct_val":1.537227005021,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lake County School District No. 112 North Shore","title":"Lake County School District No. 112 North Shore, Series 2024","isin":"US509076DB86","value_usd":69064.2,"pct_val":1.366810577632,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Brownsville TX","title":"City of Brownsville, Series 2023","isin":"US116405YL93","value_usd":67655.4,"pct_val":1.338929812463,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Transportation Trust Fund Authority","title":"New Jersey Transportation Trust Fund Authority, Series 2022BB","isin":"US64613CAZ14","value_usd":66907.2,"pct_val":1.324122608815,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Michigan Trunk Line Revenue","title":"State of Michigan, Series 2023","isin":"US5946954B18","value_usd":64294.45,"pct_val":1.272415149137,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Glendale CA Electric Revenue","title":"City of Glendale, Series 2024-2","isin":"US378406RB08","value_usd":64265.3,"pct_val":1.271838257949,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2024A","isin":"US34115PCF09","value_usd":64013.95,"pct_val":1.266863932051,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commonwealth of Massachusetts","title":"Commonwealth of Massachusetts, Series 2025A","isin":"US57582TCY64","value_usd":63859.4,"pct_val":1.263805320285,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Nevada","title":"State of Nevada, Series 2023A","isin":"US641462SB33","value_usd":63647.1,"pct_val":1.259603810883,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County School District No. 410 Snoqualmie Valley","title":"King County School District No. 410 Snoqualmie Valley, Series 2025","isin":"US495206RN65","value_usd":63440.85,"pct_val":1.255522033614,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Mansfield TX","title":"City of Mansfield, Series 2024","isin":"US564378NZ60","value_usd":63298.4,"pct_val":1.252702886114,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Independent School District","title":"Dallas Independent School District, Series 2025B","isin":"US235308R880","value_usd":63259.9,"pct_val":1.251940954357,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jacksonville Transportation Authority","title":"Jacksonville Transportation Authority, Series 2024","isin":"US469494BS64","value_usd":62622.45,"pct_val":1.239325541412,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Utah Telecommunication Open Infrastructure Agency","title":"Utah Telecommunication Open Infrastructure Agency, Series 2022","isin":"US91756SAK96","value_usd":62385.4,"pct_val":1.234634218738,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Redford Union School District No. 1","title":"Redford Union School District No. 1, Series 2023II","isin":"US757402MK50","value_usd":61617.05,"pct_val":1.21942823782,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Ohio","title":"State of Ohio, Series 2022A","isin":"US677523ET55","value_usd":60600.6,"pct_val":1.199312249919,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority Dedicated Revenue","title":"Washington Metropolitan Area Transit Authority, Series 2023A","isin":"US93878YDC03","value_usd":56836.5,"pct_val":1.124819072625,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MSD Warren Township Vision 2005 School Building Corp.","title":"MSD Warren Township Vision 2005 School Building Corp., Series 2024","isin":"US553543KR90","value_usd":56550,"pct_val":1.119149112928,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sachse TX","title":"City of Sachse, Series 2024","isin":"US785751SL36","value_usd":56319,"pct_val":1.114577522387,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Florida Tourism Oversight District","title":"Central Florida Tourism Oversight District, Series 2024A","isin":"US153480AG32","value_usd":56085.5,"pct_val":1.109956455758,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Omaha NE","title":"City of Omaha, Series 2022","isin":"US681713AJ20","value_usd":56070.5,"pct_val":1.109659599229,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Whitnall School District","title":"Whitnall School District, Series 2024","isin":"US966586HD44","value_usd":55731,"pct_val":1.102940746465,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County School District No. 410 Snoqualmie Valley","title":"King County School District No. 410 Snoqualmie Valley, Series 2025","isin":"US495206RQ96","value_usd":47169.6,"pct_val":0.933506914185,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2023A","isin":"US34153QXF89","value_usd":47131.2,"pct_val":0.932746961472,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Bothell WA","title":"City of Bothell, Series 2024C","isin":"US101295JK07","value_usd":46927.6,"pct_val":0.928717628856,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Baltimore MD","title":"County of Baltimore, Series 2025","isin":"US05914GLJ57","value_usd":46910.4,"pct_val":0.92837723337,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2026B","isin":"US93974FCN15","value_usd":46769.2,"pct_val":0.925582823914,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Washington","title":"University of Washington, Series 2024A","isin":"US91523NYG59","value_usd":46634,"pct_val":0.922907157069,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Douglas County School District No. 17/NE","title":"Douglas County School District No. 17, Series 2024","isin":"US259327X335","value_usd":46427.2,"pct_val":0.918814495061,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Comanche Independent School District","title":"Comanche Independent School District, Series 2024","isin":"US200057KG16","value_usd":46375.6,"pct_val":0.917793308603,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Chicago IL Wastewater Transmission Revenue","title":"City of Chicago, Series 2024B","isin":"US167727K888","value_usd":45771.6,"pct_val":0.905839885717,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Port St Lucie FL","title":"City of Port St. Lucie, Series 2023","isin":"US73536AEK97","value_usd":40929.35,"pct_val":0.810009650667,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2021B","isin":"US34153QVA11","value_usd":39581.15,"pct_val":0.783328185874,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Delaware","title":"State of Delaware, Series 2025","isin":"US246381UQ87","value_usd":29472.75,"pct_val":0.583278550275,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation Turnpike System Revenue","title":"State of Florida, Series 2025A","isin":"US343137WF80","value_usd":29214.5,"pct_val":0.578167670373,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Water Reclamation District of Greater Chicago","title":"Metropolitan Water Reclamation District of Greater Chicago, Series 2007B","isin":"US167560MS78","value_usd":24041.6,"pct_val":0.475793727911,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Massachusetts Health & Educational Facilities Authority","title":"Massachusetts Health & Educational Facilities Authority, Series 2005J1","isin":"US57586ES517","value_usd":24001.2,"pct_val":0.474994194327,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Union NC","title":"County of Union, Series 2025B","isin":"US9063956F04","value_usd":23839.2,"pct_val":0.471788143818,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Michigan State University","title":"Michigan State University, Series 2025A","isin":"US594712A439","value_usd":23631.8,"pct_val":0.467683607549,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2024C","isin":"US25476FJ581","value_usd":23628.4,"pct_val":0.467616320069,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Clark NV","title":"County of Clark, Series 2025","isin":"US181000UW89","value_usd":23446.4,"pct_val":0.464014460855,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Tuscaloosa AL","title":"City of Tuscaloosa, Series 2025B","isin":"US9005772P13","value_usd":23403.4,"pct_val":0.463163472139,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Waco TX","title":"City of Waco, Series 2025","isin":"US929831B613","value_usd":23321.8,"pct_val":0.461548572624,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Saline Area Schools","title":"Saline Area Schools, Series II","isin":"US795200MC54","value_usd":23304.8,"pct_val":0.461212135224,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Allegan Public School District","title":"Allegan Public School District, Series 2025III","isin":"US017014NQ03","value_usd":23304.8,"pct_val":0.461212135224,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Brown County Water Authority","title":"Central Brown County Water Authority, Series 2024A","isin":"US152708DB65","value_usd":23121,"pct_val":0.457574653227,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lake County Community Consolidated School District No. 34 Antioch","title":"Lake County Community Consolidated School District No. 34 Antioch, Series 2025C","isin":"US508516FZ94","value_usd":23091.2,"pct_val":0.456984898257,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Adams & Arapahoe Counties Joint School District 28J Aurora","title":"Adams & Arapahoe Counties Joint School District 28J Aurora, Series 2025","isin":"US0054824K70","value_usd":18552.3,"pct_val":0.367158091737,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Omaha Public Power District","title":"Omaha Public Power District, Series 2025A","isin":"US682001NV02","value_usd":17779.35,"pct_val":0.351861074817,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Ohio","title":"State of Ohio, Series 2025A","isin":"US67759HQX51","value_usd":17571.45,"pct_val":0.34774664333,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington State University","title":"Washington State University, Series 2025","isin":"US940094FQ33","value_usd":17510.55,"pct_val":0.346541405824,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bishop Consolidated Independent School District","title":"Bishop Consolidated Independent School District, Series 2025","isin":"US091482HK88","value_usd":17460.15,"pct_val":0.345543967888,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Indiana Municipal Power Agency","title":"Indiana Municipal Power Agency, Series 2025A","isin":"US454898YM34","value_usd":17445.45,"pct_val":0.34525304849,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Lubbock TX","title":"City of Lubbock, Series 2025","isin":"US5491887S34","value_usd":17442.15,"pct_val":0.345187740054,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Peralta Community College District","title":"Peralta Community College District, Series 2025","isin":"US713575ZM32","value_usd":12225,"pct_val":0.241938070831,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2025D","isin":"US93974FAL76","value_usd":11801.5,"pct_val":0.233556821507,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Oakland MI","title":"County of Oakland, Series 2025","isin":"US6724115X91","value_usd":11769.6,"pct_val":0.232925506622,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of St Johns FL","title":"County of St. Johns, Series 2025","isin":"US790415CD32","value_usd":11765.7,"pct_val":0.232848323925,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Linden Community School District","title":"Linden Community School District, Series 2025III","isin":"US535358NA97","value_usd":11741.5,"pct_val":0.232369395392,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Tallahassee FL","title":"City of Tallahassee, Series 2025","isin":"US874458MG45","value_usd":11719.3,"pct_val":0.23193004773,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wichita Falls Independent School District","title":"Wichita Falls Independent School District, Series 2025","isin":"US967171SS92","value_usd":11678.3,"pct_val":0.231118639885,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Grosse Ile Township School District/MI","title":"Grosse Ile Township School District, Series 2025II","isin":"US398892KT53","value_usd":11652.4,"pct_val":0.230606067612,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ann Arbor School District","title":"Ann Arbor School District, Series 2025","isin":"US035519ZC49","value_usd":11652.4,"pct_val":0.230606067612,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Livonia Public Schools","title":"Livonia Public Schools, Series 2025III","isin":"US539243XE01","value_usd":11608.2,"pct_val":0.229731330374,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=916620&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/northern-trust-2035-tax-exempt-distributing-ladder-etf.json","page":"https://dealcharts.org/capitalmarkets/funds/northern-trust-2035-tax-exempt-distributing-ladder-etf/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: Northern Trust 2035 Tax-Exempt Distributing Ladder ETF | LEI: 254900S9H159CNOMPQ83 | 86 positions totaling $4,914,076 across DBT | Filing: Tue Feb 24 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-25"}