D
Mairs & Power Minnesota Municipal Bond ETF MINN
$21.75 $0.09880.46%
Recommendation
Closing Price
NAV
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Risk
Fund Information
Fund Type
ETF
Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
None
Top Holdings
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Performance
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Beta
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Price
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NAV
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Standard Deviation
Company Information
Provider
Mairs & Power
Manager/Tenure
(Years)
Brent Miller (4)
Address
Mairs & Power
615 E. Michigan St.
Milwaukee WI - 53201
Country
United States
Phone Number
800-304-7404
Investment Strategy
The investment seeks current income that is exempt from federal and Minnesota state income tax consistent with the preservation of capital. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including borrowings for investment purposes) in municipal debt securities that pay interest that is exempt from regular federal income tax and Minnesota state income tax (collectively, "Municipal Securities"). It may invest up to 20% of its net assets in debt securities that pay interest subject to taxation, including the federal alternative minimum tax ("AMT"). The fund is non-diversified.