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| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | ▲ +0.0% | ▲ +0.0% | ▲ +0.6% | ▲ +2.6% | ▲ +3.4% | — | — | ▲ +8.2% |
| Peer average | ▲ +0.0% | ▲ +0.3% | ▲ +0.8% | ▲ +2.9% | ▲ +3.7% | ▲ +14.1% | ▲ +20.2% | — |
| S&P 500 · VOO | ▼ −0.4% | ▲ +0.9% | ▲ +3.3% | ▲ +13.8% | ▲ +13.3% | ▲ +88.8% | ▲ +81.9% | — |
The Texas Capital Government Money Market ETF (MMKT) stands as the first exchange-traded fund structured to adhere to Rule 2a-7 of the 1940 Act, thereby qualifying it as a government money market fund. This specific regulatory framework is designed to bolster the fund's stability and liquidity, ensuring that redemption requests can be met without issue. However, a significant distinction is that MMKT's net asset value (NAV) will not remain fixed at $1, but rather will fluctuate. The fund's investment strategy mandates that at least 99.5% of its holdings must be allocated to cash, U.S. government securities, or repurchase agreements that are fully collateralized. Its primary goals are to deliver attractive yields while vigilantly safeguarding investors' principal. It is crucial to note that a substantial portion of the fund's assets are invested in overnight repurchase agreements. The income generated from these specific instruments might not be exempt from state and local taxes, potentially impacting the after-tax yield when compared to direct investments in traditional government securities.
Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.
| Ex-date | Pay date | Per share |
|---|---|---|
| 2026-10-30 | 2026-11-02 | $0.07 |
| 2026-10-23 | 2026-10-26 | $0.07 |
| 2026-10-16 | 2026-10-19 | $0.07 |
| 2026-10-09 | 2026-10-13 | $0.07 |
| 2026-10-02 | 2026-10-05 | $0.07 |
| 2026-09-25 | 2026-09-28 | $0.08 |
| 2026-09-18 | 2026-09-21 | $0.07 |
| 2026-09-11 | 2026-09-14 | $0.07 |
| 2026-09-04 | 2026-09-08 | $0.07 |
| 2026-08-28 | 2026-08-31 | $0.07 |
| 2026-08-21 | 2026-08-24 | $0.07 |
| 2026-08-14 | 2026-08-17 | $0.07 |
Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.
Historical risk measures describe past behavior and do not predict future returns.
Hear the strategy from the people behind MMKT.