Northern Trust 2035 Inflation-Linked Distributing Ladder ETF
TIPB
New York Stock Exchange Arca- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Michael R. Chico CFA
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Aug 19, 2025
- Website
- flexshares.com
- Similar Companies
- Business
- Northern Funds - Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) is an exchange-traded fund that seeks to provide periodic inflation-linked distributions through a portfolio of U.S. Treasury Inflation-Protected Securities (TIPS) with staggered maturities, delivering monthly income and annual principal distributions through 2035. The fund employs a patent-pending distributing ladder strategy designed for investors pursuing spend-down approaches with inflation protection, offering enhanced accessibility, liquidity, diversification, and transparency compared to traditional bond ladders; it targets retirement income and cash flow management over a ten-year horizon, with an expense ratio of 0.10%. TIPB forms part of Northern Trust Asset Management's broader Inflation-Linked Distributing Ladder ETF suite, which includes sibling funds TIPA (2030 maturity), TIPC (2045 maturity), and TIPD (2055 maturity). Launched on August 18, 2025, as one of the inaugural products in Northern Trust's innovative Fixed Income ETF Suites, TIPB represents a major strategic expansion into distributing ladder ETFs tailored for decumulation phases, leveraging the firm's expertise in municipal and fixed income management. This suite introduction marked Northern Trust Asset Management's push into retirement-focused solutions, with FlexShares ETFs scheduled for rebranding to Northern Trust ETFs in 2026. The fund operates under Northern Funds, with Northern Trust Asset Management serving as the adviser, and focuses on U.S. institutional and individual investors seeking inflation-hedged income streams. Northern Trust Corporation, the parent entity headquartered in Chicago, Illinois, traces its origins to 1889 as a provider of asset management, wealth management, and asset servicing; it maintains a global footprint across more than 20 countries, including offices in the U.S., Canada, Europe, the Middle East, and Asia-Pacific. TIPB holds investment-grade TIPS focused geographically on the United States, catering to high-net-worth individuals, institutions, and retirement planners prioritizing principal preservation amid inflation. Recent Northern Trust developments, such as over 100 new asset servicing mandates worth $385 billion in 2025, underscore the firm's accelerating momentum in institutional solutions supporting ETF growth.