TTTexas Capital Funds Trust Texas Capital Government Money Market ETF
100.23USDR
+0.02+0.01%
As of today at 15:40 GMT
USD
No trades
Key stats
About Texas Capital Funds Trust Texas Capital Government Money Market ETF
Home page
Inception date
Sep 24, 2024
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
Texas Capital Bank Wealth Management Services, Inc.
Distributor
Northern Lights Distributors LLC
MMKT is the first ETF to comply with Rule 2a-7 of the 1940 Act, technically qualifying as a government money market fund. The rule is designed to preserve stability and liquidity, ensuring that redemption requests can be fulfilled. However, MMKT will not maintain a stable net asset value (NAV) of $1. The fund will allocate at least 99.5% of its assets to cash, US government securities, or fully collateralized repurchase agreements. The objective is to generate competitive yields while preserving capital. Note that a significant portion of the funds assets are overnight repurchase agreements, and income from these may not be exempt from state and local taxes, which could affect the after-tax yield compared to traditional government securities.
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
Government
Bonds, Cash & Other100.00%
Government89.51%
Corporate5.21%
Miscellaneous5.21%
Mutual fund0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Symbol
Assets
Symbol
Assets
U
United States Treasury Bills 0.0% 19-AUG-2025US912797QK6
5.91%
G
Government of the United States of America FRN 31-JUL-2025
5.40%
U
United States Treasury Bills 0.0% 26-AUG-2025US912797QL4
5.39%
U
United States Treasury Bills 0.0% 04-SEP-2025US912797MH7
5.36%
F
FIXED INCOME (UNCLASSFIED)
5.21%
C
CORPORATE BOND
5.21%
U
United States Treasury Bills 0.0% 02-SEP-2025
5.21%
U
United States Treasury Bills 0.0% 16-SEP-2025
5.20%
U
United States Treasury Bills 0.0% 11-SEP-2025US912797PW1
5.18%
U
United States Treasury Bills 0.0% 14-AUG-2025US912797PN1
4.39%
Top 10 weight52.47%
28 total holdings
Dividends
Jun '25
Jun '25
Jun '25
Jul '25
Jul '25
Jul '25
Jul '25
0.00
0.03
0.05
0.08
0.10
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Jul 25, 2025
Jul 25, 2025
Jul 28, 2025
0.080
Other
Jul 18, 2025
Jul 18, 2025
Jul 21, 2025
0.079
Other
Jul 11, 2025
Jul 11, 2025
Jul 14, 2025
0.091
Other
Jul 3, 2025
Jul 3, 2025
Jul 7, 2025
0.056
Other
Jun 27, 2025
Jun 27, 2025
Jun 30, 2025
0.091
Other
Jun 20, 2025
Jun 20, 2025
Jun 23, 2025
0.068
Other
Jun 13, 2025
Jun 13, 2025
Jun 16, 2025
0.079
Other
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MMKT invests in bonds. The fund's major sectors are Government, with 89.51% stocks, and Corporate, with 5.21% of the basket. The assets are mostly located in the North America region.
MMKT last dividends amounted to 0.08 USD. The week before, the issuer paid 0.08 USD in dividends, which shows a 0.13% increase.
MMKT assets under management is 57.61 M USD. It's risen 21.09% over the last month.
MMKT fund flows account for 55.08 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, MMKT pays dividends to its holders with the dividend yield of 4.00%. The last dividend (Jul 28, 2025) amounted to 0.08 USD. The dividends are paid weekly.
MMKT shares are issued by Texas Capital Bancshares, Inc. under the brand Texas Capital. The ETF was launched on Sep 24, 2024, and its management style is Active.
MMKT expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
MMKT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MMKT invests in bonds.
MMKT price has risen by 0.02% over the last month, and its yearly performance shows a 0.22% increase. See more dynamics on MMKT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.34% over the last month, showed a 1.03% increase in three-month performance and has increased by 2.39% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.34% over the last month, showed a 1.03% increase in three-month performance and has increased by 2.39% in a year.
MMKT trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.