Northern Trust 2045 Inflation-Linked Distributing Ladder ETF (TIPC)

The Northern Trust 2045 Inflation-Linked Distributing Ladder ETF is a fixed income fund from Northern Trust Asset Management that holds U.S. Treasury Inflation-Protected Securities (TIPS) arranged in a maturity ladder leading up to its 2045 target year.

The fund is built to pay regular distributions that combine inflation-adjusted interest with the return of principal from maturing bonds, so that its assets are gradually paid out by the end of the target period. This makes it a tool for funding a planned stream of spending, such as retirement income, with protection against inflation backed by U.S. government securities. Northern Trust is headquartered in Chicago.