MMKTTexas Capital Government Money Market ETF

Stay safe1y track recordRanked #67 of 357 in this goal

Seeks to provide a high level of current interest income while maintaining liquidity and stability of principal.

By Texas Capital · Launched 2024

Annual Cost

0.20%

#934 of 5,854 · low cost

Fund Size

$73M

#3,285 of 5,854 · mid-size

Dividend YieldGoal

3.69%

Track Record

1 year

#3,747 of 5,854 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,374+3.7%

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

What's inside

How Beacon categorizes this fund

Asset class

Money market

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 62.2% of fundconcentrated

N/A

24.1%

United States Treasury Bills

5.3%

United States Treasury Bills

4.6%

United States Treasury Bills

4.6%

United States Treasury Bills

4.5%

Federal Home Loan Banks

4.0%

United States Treasury Bills

3.9%

United States Treasury Bills

3.8%

United States Treasury Bills

3.8%

United States Treasury Bills

3.4%

Asset allocation

Cash

76.4%

Bonds

23.6%

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

Listing

Exchange: New York Stock Exchange

Full fund details

Objective: Seeks to provide a high level of current interest income while maintaining liquidity and stability of principal.
Strategy: Invests at least 80% of assets in a diversified portfolio of high quality U.S. government money market instruments to achieve current interest income while ensuring liquidity and stability of principal. Operates as an ETF, with shares traded on the Exchange, and may invest significantly in repurchase agreements.
Inception date: September 24, 2024
Fund family: Texas Capital