Texas Capital Launches Government Money Market Exchange Traded Fund

2026-04-02 22:56:05

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Texas Capital Bank Private Wealth Advisors and Texas Capital Funds Trust have introduced the Texas Capital Government Money Market ETF (MMKT), an innovative fund that combines the liquidity of an ETF with the characteristics of a money market fund. This ETF, adhering to Rule 2a-7, aims to offer high current interest income while maintaining principal stability through investments in short-term U.S. government debt. It expands Texas Capital’s fund offerings, managed by J. Steven Orr, and focuses on managing credit risk and preserving capital for investors.

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