Texas Capital Government Money Market ETF (MMKT) Dividend Yield, History & Forecast

Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund (ETF) listed on the New York Stock Exchange. The most recent ex-dividend date was June 18, 2026, with payment scheduled for June 22, 2026. market capitalization is approximately $78M.

Frequently Asked Questions about Texas Capital Government Money Market ETF (MMKT)

When does Texas Capital Government Money Market ETF pay distributions?
The most recent ex-dividend date was June 18, 2026. The next scheduled dividend payment date is June 22, 2026.
How many years has Texas Capital Government Money Market ETF increased its dividend?
Texas Capital Government Money Market ETF (MMKT) has increased its dividend for 1 consecutive year.
What does Texas Capital Government Money Market ETF invest in?
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,...