MMKTTexas Capital Government Money Market ETF

Stay safe1y track recordRanked #70 of 340 in this goal

Seeks to provide as high a level of current interest income as is consistent with maintaining liquidity and stability of principal.

By Texas Capital · Launched 2024

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$75M

#3,190 of 5,562 · mid-size

Dividend YieldGoal

3.74%

Track Record

1 year

#3,844 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,383+3.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Money market

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 54.5% of fundmoderately concentrated

N/A

12.3%

United States Treasury Bills

6.4%

United States Treasury Bills

5.6%

United States Treasury Bills

4.9%

United States Treasury Bills

4.8%

United States Treasury Bills

4.7%

Federal Home Loan Banks

4.2%

United States Treasury Bills

4.1%

United States Treasury Bills

4.1%

United States Treasury Bills

3.6%

Asset allocation

Cash

79.5%

Bonds

20.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.2%Low

Year-on-year price swings

Max drawdown

-0.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: New York Stock Exchange

Full fund details

Objective: Seeks to provide as high a level of current interest income as is consistent with maintaining liquidity and stability of principal.
Strategy: Invests primarily in U.S. government money market instruments, including repurchase agreements, to achieve its objective. The Fund aims to invest 99.5% or more of its assets in cash, government securities, and/or fully collateralized repurchase agreements.
Inception date: September 24, 2024
Fund family: Texas Capital