Northern Trust 2055 Inflation-Linked Distributing Ladder ETF
TIPD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael R. Chico
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Aug 19, 2025
- CIK
- 0001424958
- Website
- flexshares.com
- Similar Companies
- Business
- Northern Trust 2055 Inflation-Linked Distributing Ladder ETF (TIPD) 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 income and/or principal through its 2055 terminal year. The fund employs a laddered bond strategy, investing in TIPS with different maturity dates or "rungs" extending to 2055, targeting investors pursuing a spend-down strategy with inflation protection to manage recurring expenses via monthly income distributions and annual principal returns over a thirty-year horizon. It maintains a portfolio focused on at least 80% of net assets in inflation-linked securities, with a net expense ratio of 0.10%, and is non-diversified. TIPD forms part of the Northern Trust ETFs suite, previously branded as FlexShares and managed by Northern Trust Asset Management, a division of Northern Trust Corporation, founded in 1889 and headquartered in Chicago, Illinois. The fund targets individual and institutional investors in the fixed income segment, specifically those seeking cash flow management and inflation hedging within the U.S. Treasury market. Operations are centered in the United States, with the ETF listed on U.S. exchanges and custodied by JPMorgan Chase Bank, N.A. Launched on August 18, 2025, TIPD represents one of 11 inaugural funds in Northern Trust's fixed income ETF suites, introduced to expand outcome-oriented strategies including tax-exempt bond, inflation-linked distributing ladder, and short-duration TIPS offerings. This launch aligns with Northern Trust's strategic rebranding of its FlexShares ETFs to Northern Trust ETFs in 2026, enhancing its lineup of differentiated active and passive fixed income products without impacting existing funds or processes. No recent partnerships, acquisitions, or further major changes specific to TIPD have been reported as of late 2025.