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MMKT Stock Price, Chart, Stats & News

Texas Capital Government Money Market ETF
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Money Market-Taxable
Category
3.71%
Dividend yield
0.20%
Expense ratio
75.15M
Assets
3.83%
1Y return

MMKT chart

1M
3M
1Y
5Y
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MMKT returns

YTD
1.55%
1Y
3.83%
1Y volatility0.12%
3Y volatility0.00%
Sharpe ratio0.00

About

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.

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