Mairs Power is selling at 22.34 as of the 30th of November 2024; that is 0.13 percent increase since the beginning of the trading day. The etf's open price was 22.31. Mairs Power has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Mairs Power Minnesota are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income tax and Minnesota state income tax . More on Mairs Power Minnesota
Brent S. Miller, Robert W. Thompson, Heidi J. Lynch
Transfer Agent
U.S. Bancorp Fund Services, LLC
Fiscal Year End
31-Dec
Exchange
Cboe BZX Exchange, Inc.
Number of Constituents
110
Market Maker
GTS
Total Expense
0.25
Management Fee
0.25
Country Name
USA
Returns Y T D
1.24
Name
Mairs Power Minnesota Municipal Bond ETF
Currency Code
USD
Open Figi
BBG00ZL751Z7
In Threey Volatility
9.48
1y Volatility
8.31
200 Day M A
22.2029
50 Day M A
22.3157
Code
MINN
Updated At
30th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
(0.61)
Type
ETF
Mairs Power Minnesota [MINN] is traded in USA and was established 2021-03-11. The fund is listed under Muni Minnesota category and is part of Mairs & Power family. The entity is thematically classified as Municipals ETFs. Mairs Power Minnesota now have 16.43 M in assets. , while the total return for the last 3 years was -2.0%.
Check Mairs Power Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mairs Power. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Mairs Power Minnesota offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mairs Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mairs Power Minnesota Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Mairs Power Minnesota Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mairs Power Minnesota. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Mairs Power Minnesota is measured differently than its book value, which is the value of Mairs that is recorded on the company's balance sheet. Investors also form their own opinion of Mairs Power's value that differs from its market value or its book value, called intrinsic value, which is Mairs Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mairs Power's market value can be influenced by many factors that don't directly affect Mairs Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mairs Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mairs Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mairs Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.