Key stats
About Trust for Professional Managers Mairs & Power Minnesota Municipal Bond ETF
Expense ratio
0.25%
Home page
Inception date
Mar 11, 2021
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
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.36%
Cash0.89%
Mutual fund0.75%