Northern Trust 2045 Inflation-Linked Distributing Ladder ETF
TIPC
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- David Michael Alongi
- 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 Trust 2045 Inflation-Linked Distributing Ladder ETF (TIPC) is an actively managed exchange-traded fund that seeks to provide periodic inflation-linked distributions through U.S. Treasury Inflation-Protected Securities (TIPS), consisting of monthly income and annual principal distributions through 2045. The fund employs a bond ladder strategy with holdings maturing around 2045, targeting investors pursuing a spend-down approach with inflation protection for managing recurring expenses over a twenty-year horizon; it maintains at least 80% of its net assets in inflation-linked securities and operates within the fixed income segment of U.S. markets. Launched on August 18, 2025, TIPC forms part of Northern Trust Asset Management's Inflation-Linked Distributing Ladder ETF suite, which includes sibling funds TIPA (5 years to 2030), TIPB (10 years to 2035), and TIPD (30 years to 2055), all branded under the transitioning Northern Trust ETFs platform previously known as FlexShares. The ETF, issued by Northern Trust and custodied by JPMorgan Chase Bank, N.A., features a low expense ratio of 0.10% and focuses exclusively on U.S. TIPS for principal preservation and inflation-adjusted returns, with approximately 17 holdings as of late 2025. It caters to individual and institutional investors seeking targeted maturity exposure in the inflation-protected bond category, with assets under management around $2-2.05 million and trading on NYSE Arca. Northern Trust Asset Management, headquartered in Chicago, Illinois, oversees the fund through a team including portfolio managers Timothy Blair, David Alongi, and Michael Chico. In August 2025, Northern Trust Asset Management launched TIPC alongside ten other fixed income ETFs across three new suites—Inflation-Linked Distributing Ladder, Tax-Exempt Distributing Ladder, and Tax-Exempt Bond ETFs—marking the inaugural offerings under the forthcoming Northern Trust ETFs brand, with existing FlexShares ETFs scheduled for rebranding in 2026 without altering investment processes or management. This expansion addresses investor needs for innovative income solutions amid persistent inflation risks, enhancing portfolio diversification through low-cost, laddered strategies in municipal and inflation-linked bonds. No further major partnerships, acquisitions, or strategic shifts have been reported for TIPC or its suite through December 2025.