Mairs & Power Minnesota Municipal Bond ETF — new fund registration

TRUST FOR PROFESSIONAL MANAGERS registered 1 new fund series on Form 485APOS, filed 2020-06-30. Featured series: Mairs & Power Minnesota Municipal Bond ETF.

Registration

Registrant / trust: TRUST FOR PROFESSIONAL MANAGERS
CIK: 0001141819
Form: 485APOS
Filed: 2020-06-30
State of incorporation: DE
Accession: 0000894189-20-005159
Reported net assets: $42.4M

Series & classes (1)

Series	Class	Ticker	New
Mairs & Power Minnesota Municipal Bond ETF	Mairs & Power Minnesota Municipal Bond ETF	MINN	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.25%
Management fee: 0.25%
Other expenses: 0.00%

Investment objective

The investment objective of the Mairs & Power Minnesota Municipal Bond ETF (the Fund) is to seek current income that is exempt from federal and Minnesota state income tax consistent with the preservation of capital.

Advisers

Mairs & Power, Inc. (Advisor)