Key stats
About Mairs & Power Minnesota Municipal Bond ETF
Home page
Inception date
Mar 11, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Mairs & Power, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US89834G8362
MINN targets municipal securities with interest income that is exempted from federal and Minnesota state income tax. The fund primarily invests in all types of muni bonds of any maturity that is issued by state of Minnesota, its political subdivisions, and agencies. At least 75% of its holdings will be in investment-grade securities and could have up to 25% in high-yield. The fund could still invest up to 20% in taxable debt securities, including AMT. As an actively managed, MINN can make investment decisions at its own discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal97.09%
Mutual fund4.07%
Cash−1.15%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MINN last dividends amounted to 0.06 USD. The month before, the issuer paid 0.05 USD in dividends, which shows a 10.15% increase.
MINN assets under management is 27.72 M USD. It's risen 2.07% over the last month.
MINN fund flows account for 6.17 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MINN pays dividends to its holders with the dividend yield of 2.95%. The last dividend (Sep 30, 2025) amounted to 0.06 USD. The dividends are paid monthly.
MINN shares are issued by Mairs & Power, Inc. under the brand Mairs & Power. The ETF was launched on Mar 11, 2021, and its management style is Active.
MINN expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
MINN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MINN invests in bonds.
MINN price has risen by 2.49% over the last month, and its yearly performance shows a −1.66% decrease. See more dynamics on MINN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.07% increase in three-month performance and has increased by 1.46% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.07% increase in three-month performance and has increased by 1.46% in a year.
MINN trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.