Mairs & Power Minnesota Municipal Bond ETF (MINN) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Mairs & Power Minnesota Municipal Bond ETF (MINN) trades at $22.06. Mairs & Power Minnesota Municipal Bond ETF (MINN) focuses on providing income exempt from federal and Minnesota state income taxes. Market cap: $47.2M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for MINN: MINN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MINN against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on MINN.
How is this calculated? →Mairs & Power Minnesota Municipal Bond ETF (MINN) Financial Services Profile
Mairs & Power Minnesota Municipal Bond ETF (MINN) is a non-diversified fund providing tax-exempt income by investing primarily in Minnesota municipal debt. With a beta of 1.12 and a market cap of $47.2M, MINN caters to investors seeking state and federal tax advantages within the fixed-income asset management sector.
What Is the Investment Thesis for MINN?
Mairs & Power Minnesota Municipal Bond ETF (MINN) presents a focused investment vehicle for individuals seeking tax-exempt income within Minnesota. The fund's strategy of investing at least 80% of its assets in Minnesota municipal bonds offers a direct tax benefit to state residents. With a market capitalization of $47.2M and a beta of 1.12, MINN exhibits moderate volatility relative to the broader market. Key value drivers include the ongoing demand for tax-advantaged investment options and the stability of the Minnesota municipal bond market. Potential growth catalysts involve increased awareness among Minnesota residents regarding the tax benefits of municipal bonds and strategic adjustments to the fund's portfolio to capitalize on favorable interest rate environments. However, investors may want to evaluate the potential risks associated with the fund's non-diversified nature and its sensitivity to changes in state and federal tax policies.
Based on FMP financials and quantitative analysis
MINN Key Highlights
The fund invests at least 80% of its net assets in municipal debt securities that pay interest exempt from federal and Minnesota state income tax.
- Up to 20% of the fund's net assets may be invested in debt securities subject to taxation, including the federal alternative minimum tax (AMT).
- The fund is non-diversified, allowing for concentrated investments in a smaller number of issuers.
- The fund's beta is 1.12, indicating slightly higher volatility compared to the overall market.
- The fund has a market cap of $47.2M, reflecting its size within the asset management industry.
Who Are MINN's Competitors?
MINN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AUSM Allspring Ultra Short Municipal ETF | $25.08 | -0.00% | $26.1M | 50 |
| BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF | $98.22 | +0.03% | $37.8M | — |
| FTBD FIDELITY TACTICAL BOND ETF | $48.56 | -0.30% | $37.1M | — |
| GEMD Goldman Sachs Access Emerging Markets USD Bond ETF | $41.49 | -0.41% | $34.0M | 46 |
| HYSA BondBloxx USD High Yield Bond Sector Rotation ETF | $14.89 | +0.16% | $31.1M | — |
| BAMO Brookstone Opportunities ETF | $35.11 | +0.10% | $48.0M | 47 |
| BAMA Brookstone Active ETF | $36.81 | -0.30% | $51.8M | 47 |
| OVM Overlay Shares Municipal Bond ETF | $21.36 | -0.41% | $42.7M | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MINN's Key Strengths?
Tax-exempt income for Minnesota residents.
- Experienced management team with local expertise.
- Established brand reputation.
- Non-diversified strategy allows for concentrated investments.
What Are MINN's Weaknesses?
Non-diversified portfolio increases risk.
- Limited to Minnesota municipal bonds.
- Small market capitalization.
- Sensitivity to changes in state and federal tax policies.
What Could Drive MINN Stock Higher?
MINN catalyst: Potential changes in Minnesota state income tax rates could increase demand for tax-exempt investments like MINN.
- Strategic portfolio adjustments to capitalize on favorable interest rate environments.
- Increased marketing and awareness campaigns highlighting the tax benefits of Minnesota municipal bonds.
What Are the Key Risks for MINN?
Changes in federal tax laws could reduce the attractiveness of municipal bonds.
- Economic downturn in Minnesota could affect the creditworthiness of municipal issuers.
- Rising interest rates could decrease the value of the fund's fixed-income holdings.
- The fund's non-diversified nature increases its vulnerability to issuer-specific risks.
What Are the Growth Opportunities for MINN?
- Increased Investor Awareness: Growing awareness among Minnesota residents regarding the tax advantages of investing in Minnesota municipal bonds could drive increased demand for MINN. Targeted marketing campaigns and educational initiatives highlighting the benefits of tax-exempt income could attract new investors. The market size for Minnesota municipal bonds is substantial, with billions of dollars issued annually, providing a significant opportunity for MINN to expand its asset base. Timeline: Ongoing.
- Strategic Portfolio Adjustments: MINN can capitalize on favorable interest rate environments by strategically adjusting its portfolio holdings. By actively managing the duration and credit quality of its bond holdings, the fund can enhance returns and mitigate risks. The ability to adapt to changing market conditions is a key competitive advantage for MINN. Timeline: Ongoing.
- Expansion of Distribution Channels: Expanding the distribution channels through which MINN is offered could increase its accessibility to a wider range of investors. Partnering with financial advisors, brokerage firms, and online platforms could broaden the fund's reach and attract new assets. The market for ETF distribution is competitive, but MINN's focus on Minnesota municipal bonds provides a unique selling proposition. Timeline: 1-2 years.
- Development of New Products: Mairs & Power could develop new products that complement MINN, such as a Minnesota municipal bond separately managed account (SMA) or a Minnesota municipal bond closed-end fund (CEF). These products could cater to different investor preferences and risk profiles, further expanding the firm's presence in the Minnesota municipal bond market. Timeline: 2-3 years.
- Legislative and Regulatory Changes: Changes in state and federal tax policies could create new opportunities for MINN. For example, an increase in state income tax rates could make Minnesota municipal bonds even more attractive to state residents. Monitoring legislative and regulatory developments and adapting the fund's strategy accordingly is crucial for maximizing its potential. Timeline: Ongoing.
What Are MINN's Competitive Advantages?
- Tax-Exempt Status: The fund's focus on providing tax-exempt income is a key competitive advantage, particularly for Minnesota residents.
- Local Expertise: Mairs & Power's deep understanding of the Minnesota municipal bond market provides a competitive edge.
- Established Brand: Mairs & Power has a long-standing reputation for managing Minnesota-focused investments.
- Non-Diversified Strategy: The fund's non-diversified approach allows for concentrated investments in high-quality Minnesota municipal bonds.
What Does MINN Do?
Mairs & Power Minnesota Municipal Bond ETF (MINN) is structured to deliver income that is exempt from both regular federal and Minnesota state income taxes. The fund achieves this objective by allocating at least 80% of its net assets, which may include borrowings for investment purposes, into municipal debt securities. These securities are carefully selected to ensure they meet the criteria for tax exemption, providing a distinct advantage for Minnesota-based investors looking to minimize their tax liabilities. While the primary focus is on tax-exempt municipal bonds, MINN retains the flexibility to invest up to 20% of its net assets in debt securities that may be subject to taxation, including those potentially affected by the federal alternative minimum tax (AMT). This allocation strategy allows the fund to optimize returns while adhering to its core objective of providing tax-advantaged income. The fund is non-diversified, meaning it can invest a larger portion of its assets in a smaller number of issuers compared to a diversified fund. This approach can potentially lead to higher returns but also carries increased risk due to the lack of broader diversification.
What Products and Services Does MINN Offer?
- Invests primarily in municipal debt securities.
- Seeks to provide income exempt from federal and Minnesota state income taxes.
- May invest up to 20% of its assets in taxable debt securities.
- Operates as a non-diversified fund.
- Manages a portfolio of Minnesota municipal bonds.
- Provides a tax-advantaged investment option for Minnesota residents.
How Does MINN Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Invests in municipal bonds to generate tax-exempt income for investors.
- Actively manages the portfolio to optimize returns and mitigate risks.
- Distributes income to shareholders on a regular basis.
What Industry Does MINN Operate In?
Mairs & Power Minnesota Municipal Bond ETF (MINN) operates within the asset management industry, specifically focusing on fixed-income investments. The municipal bond market is influenced by factors such as interest rates, credit ratings, and tax policies. Demand for municipal bonds is driven by investors seeking tax-exempt income, particularly those in high-tax states like Minnesota. MINN competes with other municipal bond funds, including those with a national scope and those focused on specific states. The ETF structure provides liquidity and transparency, appealing to both individual and institutional investors.
Who Are MINN's Key Customers?
- Minnesota residents seeking tax-exempt income.
- Financial advisors looking for tax-advantaged investment options for their clients.
- Institutions seeking exposure to Minnesota municipal bonds.
- Individuals in high tax brackets desiring tax relief.
How Mairs & Power Minnesota Municipal Bond ETF Is Valued
Mairs & Power Minnesota Municipal Bond ETF carries a market capitalization of $47.2M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for Mairs & Power Minnesota Municipal Bond ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. MINN trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
MINN Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the ETF's future performance and stability.
- Community sentiment has shifted positively, with discussions highlighting the ETF's resilience during market fluctuations.
- Investors are increasingly valuing municipal bonds for their tax advantages, which could enhance demand for this ETF.
- Market perception is leaning towards increased infrastructure spending, potentially benefiting municipal bonds.
Bear Case
- Concerns about rising interest rates could negatively impact bond prices, leading to bearish sentiment.
- Some community members express skepticism about the ETF's ability to outperform other investment vehicles in the current economic climate.
- Recent discussions indicate worries over potential defaults in municipal bonds, raising red flags for investors.
- The overall market sentiment remains cautious, with many traders preferring equities over fixed-income investments.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MINN Latest News
No recent news available for MINN.
MINN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MINN.
Price Targets
Wall Street price target analysis for MINN.
MINN MoonshotScore
What does this score mean?
The MoonshotScore rates MINN 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
MINN Financial Services Stock FAQ
What does Mairs & Power Minnesota Municipal Bond ETF do?
Mairs & Power Minnesota Municipal Bond ETF (MINN) is designed to provide investors with income that is exempt from both federal and Minnesota state income taxes. The fund invests primarily in municipal debt securities issued by entities within Minnesota.
What are the main risks for MINN?
The primary risks associated with Mairs & Power Minnesota Municipal Bond ETF (MINN) include interest rate risk, credit risk, and concentration risk. Rising interest rates can negatively impact the value of the fund's fixed-income holdings, while economic downturns in Minnesota could affect the creditworthiness of municipal issuers.
How sensitive is MINN to interest rate changes?
Mairs & Power Minnesota Municipal Bond ETF (MINN) is subject to interest rate risk, as changes in interest rates can impact the value of its bond holdings. When interest rates rise, the value of existing bonds typically falls, which can negatively affect the fund's net asset value (NAV).
What is Mairs & Power Minnesota Municipal Bond ETF's credit quality and risk management approach?
The credit quality of Mairs & Power Minnesota Municipal Bond ETF (MINN) depends on the credit ratings of the municipal bonds it holds. Higher-rated bonds are generally considered to be less risky, while lower-rated bonds carry a higher risk of default.
What are the key factors to evaluate for MINN?
Evaluate MINN on fundamentals, analyst consensus, and risk factors. Mairs & Power Minnesota Municipal Bond ETF (MINN) presents a focused investment vehicle for individuals seeking tax-exempt income within Minnesota. Not financial advice.
How frequently does MINN data refresh on this page?
MINN's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MINN's recent stock price performance?
Mairs & Power Minnesota Municipal Bond ETF (MINN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Tax-exempt income for Minnesota residents. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MINN overvalued or undervalued right now?
Mairs & Power Minnesota Municipal Bond ETF (MINN) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for MINN
- Data is based on available information as of 2026-03-16