{"entity_type":"fund","name":"Northern Trust 2055 Tax-Exempt Distributing Ladder ETF","identifiers":{"lei":"254900B7AETTJUP86T77","cik":"916620","fund_id":"S000093503","fundkey":"northern-trust-2055-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":124,"total_value_usd":8432326.26,"asset_categories":["DBT"],"by_asset_category":{"DBT":{"positions":124,"total_value_usd":8432326.26}}},"holdings":[{"issuer_name":"City of Lubbock TX Electric Light & Power System Revenue","title":"City of Lubbock, Series 2021","isin":"US549203WZ61","value_usd":273987.5,"pct_val":3.32720392312,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Manhattan KS","title":"City of Manhattan, Series 2025A","isin":"US562895XK30","value_usd":230932,"pct_val":2.804353689033,"balance":200000,"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 2024","isin":"US05914GFN34","value_usd":216778.6,"pct_val":2.632479979446,"balance":190000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Massachusetts Development Finance Agency","title":"Massachusetts Development Finance Agency, Series 2025A2","isin":"US57585BGU61","value_usd":200246.4,"pct_val":2.431718993277,"balance":170000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Pasco FL","title":"County of Pasco, Series 2025A","isin":"US70252FAM68","value_usd":194517.4,"pct_val":2.362148114038,"balance":170000,"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":"US866849W574","value_usd":161764.9,"pct_val":1.964413741149,"balance":145000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Anne Arundel MD","title":"County of Anne Arundel, Series 2025B","isin":"US03588JPC08","value_usd":155544.3,"pct_val":1.888873051431,"balance":135000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois Sales Tax Revenue","title":"State of Illinois, Series 2025B","isin":"US452227VK43","value_usd":148076.1,"pct_val":1.798181963923,"balance":135000,"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 2025B","isin":"US57582TDH23","value_usd":146152.5,"pct_val":1.774822469542,"balance":125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Maryland","title":"State of Maryland, Series 2025A","isin":"US574193XH62","value_usd":132444.35,"pct_val":1.608355712998,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Thruway Authority","title":"New York State Thruway Authority, Series 2025A","isin":"US650028ZZ91","value_usd":131151.75,"pct_val":1.592658851677,"balance":115000,"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. 401 Highline","title":"King County School District No. 401 Highline, Series 2025","isin":"US495033HF25","value_usd":129439.2,"pct_val":1.571862271255,"balance":120000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2026A1","isin":"US64972JWB06","value_usd":127840.9,"pct_val":1.552453101018,"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 Harris TX","title":"County of Harris, Series 2025A","isin":"US4140055U89","value_usd":121336.6,"pct_val":1.473467262331,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Downtown Smyrna Development Authority","title":"Downtown Smyrna Development Authority, Series 2021","isin":"US261174FF89","value_usd":121038.65,"pct_val":1.469849066578,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Utility Debt Securitization Authority","title":"Utility Debt Securitization Authority, Series 2022TE1","isin":"US91802REX35","value_usd":120259.7,"pct_val":1.460389782867,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Triborough Bridge & Tunnel Authority","title":"Triborough Bridge & Tunnel Authority, Series 2025A","isin":"US896032AW96","value_usd":116562.6,"pct_val":1.415493553571,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2025-2","isin":"US709225PQ32","value_usd":113953.35,"pct_val":1.383807776532,"balance":105000,"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 2023B","isin":"US682001KE14","value_usd":104284.8,"pct_val":1.266396443932,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Town of Islip NY","title":"Town of Islip, Series 2025","isin":"US464723LP85","value_usd":102184,"pct_val":1.240885097605,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of North Carolina","title":"State of North Carolina, Series 2025A","isin":"US65829QFK58","value_usd":100816,"pct_val":1.22427260628,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Duval County Public Schools","title":"Duval County Public Schools, Series 2022A","isin":"US267169HC76","value_usd":97295.4,"pct_val":1.181519728387,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iowa Finance Authority","title":"Iowa Finance Authority, Series 2025A","isin":"US46247SGJ78","value_usd":95615.65,"pct_val":1.16112145916,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"L'Anse Creuse Public Schools","title":"L'Anse Creuse Public Schools, Series 2025I","isin":"US516228TL70","value_usd":95481.9,"pct_val":1.159497248111,"balance":90000,"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 2024B","isin":"US57582R7X81","value_usd":94734.9,"pct_val":1.150425953506,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Anne Arundel MD","title":"County of Anne Arundel, Series 2025","isin":"US03588JMD18","value_usd":92842.4,"pct_val":1.127444126144,"balance":80000,"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":92085.6,"pct_val":1.118253823925,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Indiana Finance Authority","title":"Indiana Finance Authority, Series 2019A","isin":"US45506DV854","value_usd":89465.05,"pct_val":1.086430823822,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Dormitory Authority","title":"New York State Dormitory Authority, Series 2024B","isin":"US64990AWU59","value_usd":89063.85,"pct_val":1.081558797858,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Anna Independent School District","title":"Anna Independent School District, Series 2025","isin":"US035707M472","value_usd":87015.75,"pct_val":1.056687421043,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lubbock-Cooper Independent School District","title":"Lubbock-Cooper Independent School District, Series 2025","isin":"US549108J742","value_usd":85128.75,"pct_val":1.033772383668,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Seattle WA Municipal Light & Power Revenue","title":"City of Seattle, Series 2024","isin":"US812643B299","value_usd":84660,"pct_val":1.028080055226,"balance":80000,"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. 401 Highline","title":"King County School District No. 401 Highline, Series 2025","isin":"US495033HC93","value_usd":83350.5,"pct_val":1.012177966491,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pierce County School District No. 320 Sumner","title":"Pierce County School District No. 320 Sumner, Series 2025","isin":"US720526ZB14","value_usd":81858.75,"pct_val":0.994062700458,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Turnpike Authority","title":"New Jersey Turnpike Authority, Series 2025A","isin":"US646140JF13","value_usd":80326.5,"pct_val":0.975455617247,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Colorado Springs CO Utilities System Revenue","title":"City of Colorado Springs, Series 2025A","isin":"US1966328C00","value_usd":80184,"pct_val":0.9737251494,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2025A","isin":"US709225NY83","value_usd":80051.25,"pct_val":0.972113081986,"balance":75000,"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":"US9005773A35","value_usd":79947.75,"pct_val":0.970856215866,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"South Dakota Conservancy District","title":"South Dakota Conservancy District, Series 2025A","isin":"US837545SW33","value_usd":78789,"pct_val":0.956784779957,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Tech University System","title":"Texas Tech University System, Series 2025A","isin":"US882806KT85","value_usd":78144.75,"pct_val":0.948961243747,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Corp. ForGreer","title":"Corp. ForGreer, Series 2025","isin":"US397479BR67","value_usd":77927.25,"pct_val":0.94632000335,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Illinois Auxiliary Facilities System","title":"University of Illinois, Series 2025A","isin":"US914354CL72","value_usd":77709.75,"pct_val":0.943678762953,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Municipal Water Finance Authority","title":"New York City Municipal Water Finance Authority, Series 2025BB","isin":"US64972GL510","value_usd":74301.5,"pct_val":0.902290222341,"balance":70000,"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 2024A","isin":"US25476FF290","value_usd":73562.3,"pct_val":0.893313648081,"balance":70000,"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 2024C","isin":"US93974EV457","value_usd":73229.8,"pct_val":0.889275889773,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iowa Finance Authority","title":"Iowa Finance Authority, Series 2025C","isin":"US46247SHT42","value_usd":72679.75,"pct_val":0.882596283886,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Unified School District","title":"Los Angeles Unified School District, Series 2024QRR","isin":"US544647JJ06","value_usd":71223.75,"pct_val":0.864915152769,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"L'Anse Creuse Public Schools","title":"L'Anse Creuse Public Schools, Series 2025I","isin":"US516228TJ25","value_usd":70042.05,"pct_val":0.85056502046,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rockwall Independent School District","title":"Rockwall Independent School District, Series 2025","isin":"US774286FD54","value_usd":68344.2,"pct_val":0.829946951457,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ira Independent School District","title":"Ira Independent School District, Series 2025","isin":"US462649CK86","value_usd":66324.4,"pct_val":0.646740694724,"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 & County of Denver CO","title":"City & County of Denver, Series 2024B","isin":"US249164UE21","value_usd":64600.28,"pct_val":0.62992850243,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iowa Finance Authority","title":"Iowa Finance Authority, Series 2025A","isin":"US46247SGP39","value_usd":63765.62,"pct_val":0.621789588421,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ingham County Building Authority","title":"Ingham County Building Authority, Series 2024","isin":"US457003ME82","value_usd":62864.67,"pct_val":0.613004269159,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sales Tax Securitization Corp.","title":"Sales Tax Securitization Corp., Series 2024A","isin":"US79467BHP31","value_usd":61670.4,"pct_val":0.748902766806,"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 2025I","isin":"US757402PG12","value_usd":58630.5,"pct_val":0.711987333781,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bellville Independent School District","title":"Bellville Independent School District, Series 2024","isin":"US079887PT69","value_usd":57969.5,"pct_val":0.703960391701,"balance":50000,"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":"US508516GA35","value_usd":57411.5,"pct_val":0.697184243924,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Taylor Independent School District/TX","title":"Taylor Independent School District, Series 2023","isin":"US877299RF62","value_usd":55837,"pct_val":0.678064092176,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2025F1","isin":"US64972JQH40","value_usd":55344,"pct_val":0.67207728061,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania State University (The)","title":"Pennsylvania State University (The), Series 2025A","isin":"US7092354G77","value_usd":54466,"pct_val":0.66141516995,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Hampshire Municipal Bond Bank","title":"New Hampshire Municipal Bond Bank, Series 2020A","isin":"US64465QAJ58","value_usd":53763,"pct_val":0.652878195241,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Great Lakes Water Authority Sewage Disposal System Revenue","title":"Great Lakes Water Authority, Series 2025C","isin":"US39081HHQ83","value_usd":53659,"pct_val":0.651615257304,"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 Charlotte NC Airport Revenue","title":"City of Charlotte, Series 2025A","isin":"US161036XL71","value_usd":53562,"pct_val":0.650437324805,"balance":50000,"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 2025A","isin":"US517845TK98","value_usd":53208.5,"pct_val":0.646144550183,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Fort Mill School District No. 4","title":"Fort Mill School District No. 4, Series 2017E","isin":"US986525WN94","value_usd":52696.5,"pct_val":0.63992700957,"balance":50000,"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 2025A","isin":"US93878YEB11","value_usd":52610.5,"pct_val":0.638882657045,"balance":50000,"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 2024D","isin":"US93974EY592","value_usd":52371.5,"pct_val":0.635980328517,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Timpanogos Special Service District","title":"Timpanogos Special Service District, Series 2024","isin":"US887440DL67","value_usd":52354.5,"pct_val":0.635773886739,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ferris Independent School District","title":"Ferris Independent School District, Series 2025","isin":"US315387QE35","value_usd":52314.5,"pct_val":0.635288141379,"balance":50000,"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 Lottery Revenue","title":"State of Florida, Series 2017A","isin":"US341507S282","value_usd":51876,"pct_val":0.629963157865,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Canyons School District","title":"Canyons School District, Series 2018","isin":"US139078DQ91","value_usd":51841,"pct_val":0.629538130675,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Crestwood School District/MI","title":"Crestwood School District, Series 2025I","isin":"US226363JB67","value_usd":51820,"pct_val":0.629283114361,"balance":50000,"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 2022B","isin":"US64711PKN95","value_usd":51783.5,"pct_val":0.62883987172,"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 Memphis TN","title":"City of Memphis, Series 2020","isin":"US586145V685","value_usd":51641.5,"pct_val":0.62711547569,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Redding Joint Powers Financing Authority","title":"Redding Joint Powers Financing Authority, Series 2025A","isin":"US75728LCE48","value_usd":51589,"pct_val":0.626477934905,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Miami-Dade FL","title":"County of Miami-Dade, Series 2016B","isin":"US59333ND267","value_usd":50621.59,"pct_val":0.493619878727,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Snohomish County School District No. 15 Edmonds","title":"Snohomish County School District No. 15 Edmonds, Series 2024","isin":"US833153WD73","value_usd":49122.9,"pct_val":0.596530519074,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Massachusetts Bay Transportation Authority Sales Tax Revenue","title":"Massachusetts Bay Transportation Authority, Series 2024A","isin":"US575579V795","value_usd":47771.1,"pct_val":0.580114754621,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Dormitory Authority","title":"New York State Dormitory Authority, Series 2024A","isin":"US64990F6U37","value_usd":47466.45,"pct_val":0.57641519652,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Salt Lake UT Option Sales & Use Tax Revenue","title":"County of Salt Lake, Series 2020B","isin":"US795685HC30","value_usd":46227.6,"pct_val":0.561371055527,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Okemos Public Schools","title":"Okemos Public Schools, Series 2024II","isin":"US678467PC99","value_usd":43631.6,"pct_val":0.529846181639,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Folsom Cordova Unified School District","title":"Folsom Cordova Unified School District, Series 2025A","isin":"US34440PEL13","value_usd":43389.2,"pct_val":0.526902564755,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Peace River Manasota Regional Water Supply Authority","title":"Peace River Manasota Regional Water Supply Authority, Series 2025A","isin":"US704612GQ76","value_usd":42964.4,"pct_val":0.521743949028,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Argyle Independent School District","title":"Argyle Independent School District, Series 2025A","isin":"US040319W924","value_usd":42906.4,"pct_val":0.521039618256,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Massachusetts Bay Transportation Authority Sales Tax Revenue","title":"Massachusetts Bay Transportation Authority, Series 2025B","isin":"US5755792J52","value_usd":42650.8,"pct_val":0.517935705403,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Environmental Facilities Corp.","title":"New York State Environmental Facilities Corp., Series 2025C","isin":"US64986DQL28","value_usd":42451.2,"pct_val":0.515511836055,"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 2025D","isin":"US93974E8G43","value_usd":42001.2,"pct_val":0.510047200751,"balance":40000,"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 2024B","isin":"US57582R7Z30","value_usd":41814.4,"pct_val":0.507778769918,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Atlanta Rapid Transit Authority","title":"Metropolitan Atlanta Rapid Transit Authority, Series 2025A","isin":"US591746CA86","value_usd":41742.4,"pct_val":0.506904428269,"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 King WA","title":"County of King, Series 2024A","isin":"US49474F2T62","value_usd":38339.35,"pct_val":0.465579034554,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Humble Independent School District","title":"Humble Independent School District, Series 2025","isin":"US445047NZ22","value_usd":37600.85,"pct_val":0.456610960838,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of California","title":"University of California, Series 2025CC","isin":"US91412HVX87","value_usd":37589.65,"pct_val":0.456474952137,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of San Jose CA","title":"City of San Jose, Series 2025A","isin":"US798135Q367","value_usd":37529.8,"pct_val":0.455748155641,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Transportation Authority Dedicated Tax Fund","title":"Metropolitan Transportation Authority, Series 2024B1","isin":"US59260XCS53","value_usd":36486.8,"pct_val":0.44308234537,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2024F1","isin":"US64972JGV44","value_usd":36098.65,"pct_val":0.438368793829,"balance":35000,"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 2024A","isin":"US167560XF39","value_usd":32580.9,"pct_val":0.395650525293,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Triborough Bridge & Tunnel Authority","title":"Triborough Bridge & Tunnel Authority, Series 2025A","isin":"US896032AU31","value_usd":32470.8,"pct_val":0.394313511188,"balance":30000,"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 2025C","isin":"US93974E7C48","value_usd":31904.4,"pct_val":0.387435356886,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2025G1","isin":"US64966SMA14","value_usd":31778.7,"pct_val":0.385908902091,"balance":30000,"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 2025C","isin":"US57582TDT60","value_usd":31636.5,"pct_val":0.384182077334,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Massachusetts Bay Transportation Authority Sales Tax Revenue","title":"Massachusetts Bay Transportation Authority, Series 2024A","isin":"US575579V951","value_usd":31588.5,"pct_val":0.383599182902,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2024G1","isin":"US64972JJB52","value_usd":31586.1,"pct_val":0.38357003818,"balance":30000,"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 2024I","isin":"US57582TBY73","value_usd":31565.1,"pct_val":0.383315021866,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2025C1","isin":"US64966SHK50","value_usd":31445.7,"pct_val":0.381865071965,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego Public Facilities Financing Authority","title":"San Diego Public Facilities Financing Authority, Series 2025A","isin":"US79730CMJ08","value_usd":27420.5,"pct_val":0.332984516351,"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","title":"State of Florida, Series 2025B","isin":"US34115PFF71","value_usd":27314.25,"pct_val":0.331694255238,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Northwest","title":"Energy Northwest, Series 2025A","isin":"US29270C6V26","value_usd":27314.25,"pct_val":0.331694255238,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King & Snohomish Counties School District No. 417 Northshore","title":"King & Snohomish Counties School District No. 417 Northshore, Series 2024","isin":"US494656Z873","value_usd":27290.5,"pct_val":0.33140584393,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2025A","isin":"US130179XA76","value_usd":26738.25,"pct_val":0.324699522048,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oklahoma Capitol Improvement Authority","title":"Oklahoma Capitol Improvement Authority, Series 2025A","isin":"US678514EN68","value_usd":26580.75,"pct_val":0.322786899692,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego Community College District","title":"San Diego Community College District, Series 2025A1","isin":"US797272TE13","value_usd":26565,"pct_val":0.322595637456,"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 Washington","title":"State of Washington, Series 2025A","isin":"US93974E3B01","value_usd":26528.5,"pct_val":0.322152394815,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virginia Port Authority","title":"Virginia Port Authority, Series 2025","isin":"US928077LB04","value_usd":26368.75,"pct_val":0.320212449282,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Pasco FL","title":"County of Pasco, Series 2025A","isin":"US70252FBF09","value_usd":26110,"pct_val":0.317070283982,"balance":25000,"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":"US57582TCS96","value_usd":25979,"pct_val":0.315479467927,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2025D","isin":"US64972JNQ75","value_usd":25763,"pct_val":0.312856442981,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2025F1","isin":"US64972JQD36","value_usd":23094.2,"pct_val":0.280447512537,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington & Multnomah Counties School District No. 48J Beaverton","title":"Washington & Multnomah Counties School District No. 48J Beaverton, Series 2025B","isin":"US9384293C90","value_usd":15834.15,"pct_val":0.192284122448,"balance":15000,"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 2024B","isin":"US57582R7Y64","value_usd":10493,"pct_val":0.127423151659,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Longview Independent School District","title":"Longview Independent School District, Series 2025","isin":"US543264ZU21","value_usd":5853.3,"pct_val":0.071080332946,"balance":5000,"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":"US05914GLM86","value_usd":5822.9,"pct_val":0.070711166472,"balance":5000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Roma Independent School District","title":"Roma Independent School District, Series 2024","isin":"US775830RW48","value_usd":5583.7,"pct_val":0.067806409217,"balance":5000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Miami-Dade FL Water & Sewer System Revenue","title":"County of Miami-Dade, Series 2024A","isin":"US59334DNV28","value_usd":5226.4,"pct_val":0.063467488786,"balance":5000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Salisbury NC Combined Enterprise System Revenue","title":"City of Salisbury, Series 2020","isin":"US795375BZ67","value_usd":5134.25,"pct_val":0.062348452912,"balance":5000,"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-2055-tax-exempt-distributing-ladder-etf.json","page":"https://dealcharts.org/capitalmarkets/funds/northern-trust-2055-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 2055 Tax-Exempt Distributing Ladder ETF | LEI: 254900B7AETTJUP86T77 | 124 positions totaling $8,432,326 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"}