Mairs & Power Minnesota Municipal Bond ETF

Mairs & Power Minnesota Municipal Bond ETF is an actively managed exchange-traded fund focused on Minnesota municipal bonds and other investment-grade municipal securities. The fund is designed to provide income from a portfolio concentrated in state and local government issuers, including school districts, counties, cities, and state-related agencies across Minnesota. Its holdings typically emphasize tax-exempt municipal debt, with interest generally exempt from federal income tax and Minnesota state income tax for eligible investors. The ETF serves as a targeted fixed-income vehicle for investors seeking exposure to Minnesota’s public finance market through a diversified basket of municipal obligations. By concentrating on this niche segment, Mairs & Power Minnesota Municipal Bond ETF plays a specialized role in the municipal bond market, offering access to credits tied to essential public services and infrastructure financing in Minnesota.