Northern Trust 2055 Inflation-Linked Distributing Ladder ETF (TIPD)

The Northern Trust 2055 Inflation-Linked Distributing Ladder ETF is a fixed income fund from Northern Trust Asset Management that invests in U.S. Treasury Inflation-Protected Securities (TIPS) laddered by maturity toward its 2055 target year.

The fund is designed to distribute both interest and maturing principal over its life, delivering an inflation-linked income stream that runs off by the target date. Because TIPS principal adjusts with the Consumer Price Index, the payouts are intended to keep pace with inflation. The fund packages a long-dated TIPS ladder into a single exchange-traded security. Northern Trust is headquartered in Chicago.