ETF report · NYSE
Texas Capital Government Money Market ETF (MMKT)
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MMKT ETF chart
Fund facts
- Listed on
- NYSE
Key statistics
About MMKT
Texas Capital Government Money Market ETF is an exchange-traded fund that applies a government money market strategy inside an ETF wrapper. It aims to provide current income while seeking to preserve capital and maintain liquidity, investing in very short-term, high-quality instruments.
Its holdings are concentrated in U.S. government securities such as Treasury bills and agency obligations, along with repurchase agreements backed by those securities. Unlike a traditional money market mutual fund, its shares trade on the NYSE throughout the day, so the market price can move slightly around the fund's net asset value. The fund is sponsored by Texas Capital, the Dallas-based financial services firm.
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