Texas Capital Funds Trust Texas Capital Texas Oil Index ETFTexas Capital Funds Trust Texas Capital Texas Oil Index ETFTexas Capital Funds Trust Texas Capital Texas Oil Index ETF

Texas Capital Funds Trust Texas Capital Texas Oil Index ETF

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Key stats

Assets under management (AUM)
‪14.05 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
2.58%
Discount/Premium to NAV
−0.2%

About Texas Capital Funds Trust Texas Capital Texas Oil Index ETF

Issuer
Texas Capital Bancshares, Inc.
Brand
Texas Capital
Expense ratio
0.35%
Inception date
Dec 21, 2023
Index tracked
Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross
Management style
Passive
OILT aims to track the performance of an economic-value weighted index of energy companies that extract oil and gas within Texas. Companies in the index must be publicly traded and responsible for more than 0.1% of the annual state oil and gas production of Texas over the past 10 years based on data from the Texas Railroad Commission. The companies are sensitive to the price of West Texas Intermediate crude oil. Global and domestic infrastructure and trading have created efficiencies that have made the US a net exporter of oil and may positively impact the profitability of these companies. The stocks are weighted in the index by the aggregated economic value of oil and gas production of the company and multiplying it by the average oil and gas futures prices from the last day of trading of February in the current and previous year. Outside of extraordinary events, the index is reconstituted annually and rebalanced quarterly.

Classification

Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Oil & gas exploration & production
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 10, 2024
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Stocks99.90%
Energy Minerals94.36%
Utilities3.38%
Industrial Services2.16%
Bonds, Cash & Other0.10%
Mutual fund0.08%
Cash0.01%
Stock breakdown by region
96%3%
North America96.62%
Asia3.38%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows