Texas Capital Government Money Market ETF
Active ETF
MMKT
Price as of:
$100.22
+ $0.01
+ 0.00%
Primary Theme
N/A
fund company
N/A
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
1.4%
1 yr return
3.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$75.2 M
Holdings in Top 10
62.2%
52 WEEK LOW AND HIGH
$100.2
$100.18
$100.29
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MMKT - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 3.4%
- Dividend Distribution Frequency Weekly
Fund Details
-
Legal NameTexas Capital Government Money Market ETF
-
Fund Family NameN/A
-
Inception DateSep 25, 2024
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
p id="xdx_A80_eoef--StrategyNarrativeTextBlock_z6rUbHBQnOW4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"bPrincipal Investments/b/span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"The Fund seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of high quality, U.S. government money market instruments, including U.S. government money market instruments subject to repurchase agreements under normal circumstances./span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"Money market instruments generally are short-term debt obligations and similar securities. They also may include longer-term bonds that have variable interest rates or other special features that give them the financial characteristics of short-term debt. The Fund has adopted a policy to invest 99.5% or more of its total assets in cash, government securities, and/or repurchase agreements that are collateralized fully (ii.e./i, collateralized by cash and/or government securities) in order to qualify as a “government money market fund” under federal regulations. Many U.S. government money market instruments pay income that is generally exempt from state and local income tax, although they may be subject to corporate franchise tax in some states./span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"bAlthough the Fund will seek to qualify as a “government money market fund”, it will not seek to maintain a stable net asset value (“NAV”) per Share using the amortized cost method of valuation. Instead, the Fund will calculate its NAV per Share based on the market value of its investments. In addition, unlike a traditional money market fund, the Fund operates as an exchange traded fund (“ETF”). As an ETF, the Fund’s Shares will be traded on the Exchange and will generally fluctuate in accordance with changes in NAV as well as the relative supply of, and demand for, Shares on the Exchange. You could lose money by investing in the Fund. Because the Share price and NAV of the Fund will fluctuate, when Shares are sold on the Exchange (or redeemed, in the case of an authorized participant or “AP”), they may be worth more or less than what was originally paid for them./b/span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"The Fund may invest a significant percentage of its assets in repurchase agreements. Repurchase agreements are transactions in which the Fund purchases government securities and simultaneously commits to resell them to the same counterparty at a future time and at a price reflecting a market rate of interest. The Fund expects to invest initially in overnight repurchase agreements. However, in the future, the Fund may invest in repurchase agreements with longer maturities./span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"Income from repurchase agreements may not be exempt from state and local income taxation. Repurchase agreements often offer a higher yield than investments directly in government securities./span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"bManagement Process/b/span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"Texas Capital Bank Wealth Management Services, Inc., doing business as Texas Capital Bank Private Wealth Advisors, acts as the Fund’s investment adviser. As investment adviser, the Adviser makes the Fund’s investment decisions. The Adviser selects money market instruments for the Fund based on its assessment of relative values and changes in market and economic conditions./span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt" /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"The Adviser considers safety of principal and liquidity in selecting securities for the Fund and thus may not buy securities that pay the highest yield./span/p
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MMKT - Performance
Return Ranking - Trailing
| Period | MMKT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.4% | N/A | N/A | N/A |
| 1 Yr | 3.8% | N/A | N/A | N/A |
| 3 Yr | N/A* | N/A | N/A | N/A |
| 5 Yr | N/A* | N/A | N/A | N/A |
| 10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
| Period | MMKT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 0.1% | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 2023 | N/A | N/A | N/A | N/A |
| 2022 | N/A | N/A | N/A | N/A |
| 2021 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
| Period | MMKT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.4% | N/A | N/A | N/A |
| 1 Yr | 3.8% | N/A | N/A | N/A |
| 3 Yr | N/A* | N/A | N/A | N/A |
| 5 Yr | N/A* | N/A | N/A | N/A |
| 10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | MMKT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 4.0% | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 2023 | N/A | N/A | N/A | N/A |
| 2022 | N/A | N/A | N/A | N/A |
| 2021 | N/A | N/A | N/A | N/A |
MMKT - Holdings
Concentration Analysis
| MMKT | Category Low | Category High | MMKT % Rank | |
|---|---|---|---|---|
| Net Assets | 75.2 M | N/A | N/A | N/A |
| Number of Holdings | 33 | N/A | N/A | N/A |
| Net Assets in Top 10 | 45.2 M | N/A | N/A | N/A |
| Weighting of Top 10 | 62.16% | N/A | N/A | N/A |
Top 10 Holdings
- MIRAE ASSET SECURITIES (USA) REPO 24.08%
- United States Treasury Bill 0%, Due 04/07/2026 5.32%
- United States Treasury Bill 0%, Due 05/12/2026 4.64%
- United States Treasury Bill 0%, Due 06/16/2026 4.62%
- United States Treasury Bill 0%, Due 05/19/2026 4.50%
- Federal Home Loan Banks 3.906%, Due 04/15/2026 4.01%
- United States Treasury Bill 0%, Due 05/05/2026 3.91%
- United States Treasury Bill 0%, Due 04/28/2026 3.85%
- United States Treasury Bill 0%, Due 06/23/2026 3.83%
- United States Treasury Bill 0%, Due 07/28/2026 3.40%
Asset Allocation
| Weighting | Return Low | Return High | MMKT % Rank | |
|---|---|---|---|---|
| Bonds | 99.41% | N/A | N/A | N/A |
| Cash | 0.59% | N/A | N/A | N/A |
| Stocks | 0.00% | N/A | N/A | N/A |
| Preferred Stocks | 0.00% | N/A | N/A | N/A |
| Other | 0.00% | N/A | N/A | N/A |
| Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MMKT % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 0.43% | N/A | N/A | N/A |
| Derivative | 0.00% | N/A | N/A | N/A |
| Securitized | 0.00% | N/A | N/A | N/A |
| Corporate | 0.00% | N/A | N/A | N/A |
| Municipal | 0.00% | N/A | N/A | N/A |
| Government | 0.00% | N/A | N/A | N/A |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MMKT % Rank | |
|---|---|---|---|---|
| US | 99.41% | N/A | N/A | N/A |
| Non US | 0.00% | N/A | N/A | N/A |
MMKT - Expenses
Operational Fees
| MMKT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.20% | N/A | N/A | N/A |
| Management Fee | 0.20% | N/A | N/A | N/A |
| 12b-1 Fee | N/A | N/A | N/A | N/A |
| Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
| MMKT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | N/A | N/A | N/A |
| Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
| MMKT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MMKT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | N/A | N/A | N/A |
MMKT - Distributions
Dividend Yield Analysis
| MMKT | Category Low | Category High | MMKT % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.45% | N/A | N/A | N/A |
Dividend Distribution Analysis
| MMKT | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Weekly |
Net Income Ratio Analysis
| MMKT | Category Low | Category High | MMKT % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
| MMKT | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency |
Distributions History
| Date | Amount | Type |
|---|---|---|
| May 29, 2026 | $0.066 | OrdinaryDividend |
| May 22, 2026 | $0.067 | OrdinaryDividend |
| May 15, 2026 | $0.067 | OrdinaryDividend |
| May 08, 2026 | $0.064 | OrdinaryDividend |
| May 01, 2026 | $0.065 | OrdinaryDividend |
| Apr 24, 2026 | $0.067 | OrdinaryDividend |
| Apr 17, 2026 | $0.067 | OrdinaryDividend |
| Apr 10, 2026 | $0.077 | OrdinaryDividend |
| Apr 02, 2026 | $0.060 | OrdinaryDividend |
| Mar 27, 2026 | $0.076 | OrdinaryDividend |
| Mar 20, 2026 | $0.074 | OrdinaryDividend |
| Mar 13, 2026 | $0.076 | OrdinaryDividend |
| Mar 06, 2026 | $0.074 | OrdinaryDividend |
| Feb 27, 2026 | $0.039 | OrdinaryDividend |
| Feb 20, 2026 | $0.068 | OrdinaryDividend |
| Feb 13, 2026 | $0.068 | OrdinaryDividend |
| Feb 06, 2026 | $0.068 | OrdinaryDividend |
| Jan 30, 2026 | $0.067 | OrdinaryDividend |
| Jan 23, 2026 | $0.090 | OrdinaryDividend |
| Jan 16, 2026 | $0.067 | OrdinaryDividend |
| Jan 09, 2026 | $0.031 | OrdinaryDividend |
| Jan 02, 2026 | $0.029 | OrdinaryDividend |
| Dec 26, 2025 | $0.119 | OrdinaryDividend |
| Dec 19, 2025 | $0.068 | OrdinaryDividend |
| Dec 12, 2025 | $0.070 | OrdinaryDividend |
| Dec 05, 2025 | $0.083 | OrdinaryDividend |
| Nov 28, 2025 | $0.063 | OrdinaryDividend |
| Nov 21, 2025 | $0.071 | OrdinaryDividend |
| Nov 14, 2025 | $0.074 | OrdinaryDividend |
| Nov 07, 2025 | $0.074 | OrdinaryDividend |
| Oct 31, 2025 | $0.075 | OrdinaryDividend |
| Oct 24, 2025 | $0.073 | OrdinaryDividend |
| Oct 17, 2025 | $0.076 | OrdinaryDividend |
| Oct 10, 2025 | $0.076 | OrdinaryDividend |
| Oct 03, 2025 | $0.074 | OrdinaryDividend |
| Sep 26, 2025 | $0.077 | OrdinaryDividend |
| Sep 19, 2025 | $0.078 | OrdinaryDividend |
| Sep 12, 2025 | $0.079 | OrdinaryDividend |
| Sep 05, 2025 | $0.078 | OrdinaryDividend |
| Aug 29, 2025 | $0.076 | OrdinaryDividend |
| Aug 22, 2025 | $0.080 | OrdinaryDividend |
| Aug 15, 2025 | $0.079 | OrdinaryDividend |
| Aug 08, 2025 | $0.079 | OrdinaryDividend |
| Aug 01, 2025 | $0.080 | OrdinaryDividend |
| Jul 25, 2025 | $0.080 | OrdinaryDividend |
| Jul 18, 2025 | $0.079 | OrdinaryDividend |
| Jul 11, 2025 | $0.091 | OrdinaryDividend |
| Jul 03, 2025 | $0.056 | OrdinaryDividend |
| Jun 27, 2025 | $0.091 | OrdinaryDividend |
| Jun 20, 2025 | $0.068 | OrdinaryDividend |
| Jun 13, 2025 | $0.079 | OrdinaryDividend |
| Jun 06, 2025 | $0.076 | OrdinaryDividend |
| May 30, 2025 | $0.079 | OrdinaryDividend |
| May 23, 2025 | $0.079 | OrdinaryDividend |
| May 09, 2025 | $0.079 | OrdinaryDividend |
| May 02, 2025 | $0.079 | OrdinaryDividend |
| Apr 25, 2025 | $0.092 | OrdinaryDividend |
| Apr 17, 2025 | $0.068 | OrdinaryDividend |
| Apr 11, 2025 | $0.079 | OrdinaryDividend |
| Apr 04, 2025 | $0.079 | OrdinaryDividend |
| Mar 28, 2025 | $0.080 | OrdinaryDividend |
| Mar 21, 2025 | $0.082 | OrdinaryDividend |
| Mar 14, 2025 | $0.089 | OrdinaryDividend |
| Mar 07, 2025 | $0.126 | OrdinaryDividend |
| Feb 26, 2025 | $0.322 | OrdinaryDividend |
| Jan 29, 2025 | $0.264 | OrdinaryDividend |
| Dec 27, 2024 | $0.448 | OrdinaryDividend |
| Nov 27, 2024 | $0.354 | OrdinaryDividend |
| Oct 29, 2024 | $0.271 | OrdinaryDividend |