Mairs & Power Minnesota Municipal Bond ETF (MINN)
Mairs & Power Minnesota Municipal Bond ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Saint Paul, MN, US. The stock last traded at $22.07, up 0.02% on the session, giving a market capitalisation of $47.2M. Its beta of 1.10 implies it has historically moved more than the broad market.
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.
Mairs & Power Minnesota Municipal Bond ETF is most often compared with the following Financial Services names: