AUM $62.6MER 0.20%NAV $100.25Holdings —Inception Sep 2024
Price Chart
Key Statistics
Previous Close
$100.23Day Range
$100.24$100.25
52-Week Range
$100.18$100.29
Avg Volume
4.2KDividend Yield
3.87%Expense Ratio
0.20%AUM
$62.6MShares Outstanding
725.2KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Texas Capital
- Inception Date
- Sep 25, 2024
- Exchange
- NYSE
- Description
- MMKT is the first ETF to comply with Rule 2a-7 of the 1940 Act, technically qualifying as a government money market fund. The rule is designed to preserve stability and liquidity, ensuring that redemption requests can be fulfilled. However, MMKT will not maintain a stable net asset value (NAV) of $1. The fund will allocate at least 99.5% of its assets to cash, US government securities, or fully collateralized repurchase agreements. The objective is to generate competitive yields while preserving capital. Note that a significant portion of the funds assets are overnight repurchase agreements, and income from these may not be exempt from state and local taxes, which could affect the after-tax yield compared to traditional government securities.
The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund issued by Texas Capital that launched on Sep 25, 2024. It currently manages $62.6M in assets under management. The fund charges an expense ratio of 0.20%.
Top 10 holdings represent 78.8% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | US DOLLARS | 49.82% | 36,203,650 | $36.2M |
| 2 | — | TF FLOAT 01/31/27 | 4.13% | 3,000,000 | $3.0M |
| 3 | — | B 08/25/26 | 3.79% | 2,753,300 | $2.8M |
| 4 | — | B 10/22/26 | 3.70% | 2,703,200 | $2.7M |
| 5 | — | B 10/29/26 | 3.50% | 2,561,700 | $2.5M |
| 6 | — | B 12/01/26 | 3.40% | 2,500,000 | $2.5M |
| 7 | — | B 09/08/26 | 2.66% | 1,933,300 | $1.9M |
| 8 | — | B 12/17/26 | 2.63% | 1,933,300 | $1.9M |
| 9 | — | B 04/15/27 | 2.60% | 1,933,300 | $1.9M |
| 10 | — | B 03/18/27 | 2.54% | 1,885,000 | $1.8M |
| 11 | — | TF FLOAT 10/31/26 | 2.32% | 1,682,000 | $1.7M |
| 12 | — | B 09/01/26 | 2.06% | 1,500,000 | $1.5M |
| 13 | — | B 10/01/26 | 2.06% | 1,500,000 | $1.5M |
| 14 | — | B 01/07/27 | 2.03% | 1,500,000 | $1.5M |
| 15 | — | B 09/17/26 | 1.62% | 1,184,200 | $1.2M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.01% | |
| 1W | +0.01% | |
| 1M | +0.04% | |
| 3M | +0.00% | |
| 6M | -0.02% | |
| YTD | +0.00% | |
| 1Y | +0.02% | |
| 3Y | +0.21% | |
| 5Y | +0.21% |
Moving Averages
20-Day MA
$100.22
Above 20-Day MA50-Day MA
$100.22
Above 50-Day MA200-Day MA
$100.23
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$100.29
Current Price
$100.24
52-Week Low
$100.18
$100.18$100.29
Current Yield
3.87%
Annual Dividend
$0.2669
Frequency
Weeklyx/year
Last Ex-Date
Jun 18, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 18, 2026 | $0.0670 | Jun 22, 2026 |
| Jun 12, 2026 | $0.0671 | Jun 15, 2026 |
| Jun 5, 2026 | $0.0664 | Jun 8, 2026 |
| May 29, 2026 | $0.0664 | Jun 1, 2026 |
| May 22, 2026 | $0.0665 | May 26, 2026 |
| May 15, 2026 | $0.0667 | May 18, 2026 |
| May 8, 2026 | $0.0644 | May 11, 2026 |
| May 1, 2026 | $0.0646 | May 4, 2026 |
| Apr 24, 2026 | $0.0670 | Apr 27, 2026 |
| Apr 17, 2026 | $0.0667 | Apr 20, 2026 |
| Apr 10, 2026 | $0.0767 | Apr 13, 2026 |
| Apr 2, 2026 | $0.0598 | Apr 6, 2026 |
| Mar 27, 2026 | $0.0764 | Mar 30, 2026 |
| Mar 20, 2026 | $0.0740 | Mar 23, 2026 |
| Mar 13, 2026 | $0.0764 | Mar 16, 2026 |
| Mar 6, 2026 | $0.0739 | Mar 9, 2026 |
| Feb 27, 2026 | $0.0392 | Mar 2, 2026 |
| Feb 20, 2026 | $0.0675 | Feb 23, 2026 |
| Feb 13, 2026 | $0.0675 | Feb 17, 2026 |
| Feb 6, 2026 | $0.0683 | Feb 9, 2026 |
Dividend Payments Over Time
Category Comparison
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