TAXT vs TFI
Northern Trust Tax-Exempt Bond ETF compared with State Street SPDR Nuveen ICE Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.
TAXT
Northern Trust Tax-Exempt Bond ETF
TTM yield · Monthly
TFI
State Street SPDR Nuveen ICE Municipal Bond ETF
TTM yield · Monthly
Quick take
- TFI yields more today: 3.69% vs 3.29% (forward).
- Both pay every month.
- Over the last year TAXT delivered the higher total return: +1.0% vs -0.5% (price change plus payouts).
- TAXT is cheaper to own: 0.05% vs 0.23% expense ratio.
- TFI has the steadier distribution: consistency 99/100 vs 87/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TAXT | TFI |
|---|---|---|
| Share price | $50.07 | $43.72 |
| TTM yield | 3.29% | 3.69% |
| Forward yield | 3.29% | 3.69% |
| Annual payout per share | $1.646 | $1.614 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.05% | 0.23% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 87/100 | 99/100 |
| 1-year total return | +1.0% | -0.5% |
| 1-year price return | -2.2% | -4.1% |
| Size (market cap / AUM) | 80.1M | 2.8B |
| Years paying | 1.1 | 19.1 |
| Sector / category | Muni National Long | Muni National Long |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| TAXT | TFI | |
|---|---|---|
| Shares | 199.7 | 228.7 |
| Income per year | $329 | $369 |
| Income per month (avg) | $27 | $31 |
At forward yields, before taxes. Model TAXT · Model TFI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| TAXT Oct 31, 2026 | Nov 5, 2026 | $0.1372 | Est. |
| TAXT Nov 30, 2026 | Dec 5, 2026 | $0.1372 | Est. |
| TAXT Dec 30, 2026 | Jan 4, 2027 | $0.1372 | Est. |
| TFI Oct 31, 2026 | Nov 14, 2026 | $0.1345 | Est. |
| TFI Nov 30, 2026 | Dec 14, 2026 | $0.1345 | Est. |
| TFI Dec 30, 2026 | Jan 13, 2027 | $0.1345 | Est. |
Annual payouts per share
TAXTTFI
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, TAXT or TFI?
TFI currently has the higher trailing yield: TAXT yields 3.29% and TFI yields 3.69%. Yield changes daily with price, so check the live figures above.
How often do TAXT and TFI pay?
TAXT pays every month and TFI pays every month. TAXT's next ex-date is Oct 31, 2026 and TFI's is Oct 31, 2026.
Is TAXT or TFI better for income?
It depends on what you are optimising for. TAXT and TFI differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.