Chicago-based boutique fixed income asset manager
We apply a unique interest-rate agnostic approach that seeks to deliver superior long-term results in various market environments.
Why PTAM
In 2008, PTAM’s founders recognized the potential shortcomings in traditional bond metrics, and developed Shape Management®, our proprietary investment process.
Distinctive Approach to Fixed Income Investing
We look beyond traditional metrics and apply a dynamic approach to evaluating the future total return of securities over various interest rate scenarios.
Expertise In Complex Structures
Our team uncovers compelling opportunities by applying a bottom up approach that exploits pricing and structural inefficiencies.
Strong Long Term Results In Various Market Environments
Our objective is simple: to provide excess return for investors over time regardless of interest rate movements.
Featured Products
Total Return Bond Fund
Morningstar Category: Intermediate Core Plus Bond
Overall Morningstar Rating¹
PTIAX
Share Class: I
TOTAL RETURNS¹
1YR
9.59
3YR
-0.45
5YR
1.18
10YR
3.10
SI
4.54
Inception Date: 9/1/2010
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Municipal Bond Fund
Morningstar Category: Municipal National Intermediate
Overall Morningstar Rating¹
PTIMX
Share Class: I
TOTAL RETURNS¹
1YR
7.64
3YR
-0.37
5YR
1.45
10YR
2.86
SI
4.21
Inception Date: 6/30/2011
Read Morningstar Criteria
Multisector Bond Fund
Morningstar Category: Multisector Bond
Overall Morningstar Rating¹
PTCRX
Share Class: I
TOTAL RETURNS¹
1YR
13.32
3YR
2.51
5YR
-
10YR
-
SI
2.88
Inception Date: 12/31/2020
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Short Term Bond ETF
-
1MO
0.93
3MO
1.55
6MO
4.42
1YR
-
SI
4.73
Inception Date: 4/9/2024
¹ - As of 11/30/2024
Performance data quoted represents past performance which does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Current performance may be lower or higher than the performance quoted. For periods less than one year, performance is cumulative. For performance data current to the most recent month-end please see table above. Please click on the applicable Fund ticker for standardized performance of PTIAX, PTIMX, PTCRX, STBF.
The expense ratio for PTIAX is 0.76%. The expense ratio for PTIMX is 0.50%. The net and gross expense ratios for PTCRX are 1.00% and 1.07%, respectively. The expense ratio for STBF is 0.66%. The Fund returns will fluctuate over long and short-term periods. Multisector Bond Fund: Pursuant to an operating expense limitation agreement between the Fund’s investment adviser, PT Asset Management, LLC (the “Adviser”), and the Trust, on behalf of the Fund, the Adviser has agreed to waive its management fees and/or reimburse Fund expenses to ensure that Total Annual Fund Operating Expenses (exclusive of any Excluded Expenses) for Institutional Class shares do not exceed 0.99% of the Fund’s average daily net assets through at least December
29, 2024.
