PT Asset Management, LLC

High-Yield Muni Insight

Listen to what our Head of Municipal Credit, Mohammed Murad, has to share with Reorg’s Hoa Nguyen on discovering key criteria for healthcare, industrial deals, and where to find opportunities.

August 12th, 2024

Top Ten Holdings:

Click here for Performance Trust Municipal Bond Fund (PTIMX).

Click here for Short Term Bond Fund (STBF).

 

 

 

The credit quality of the securities in a portfolio is assigned by a nationally recognized statistical rating organization (NRSRO) such as Standard & Poor’s, Moody’s, or Fitch, as an indication of an issuer’s creditworthiness. Ratings range from ‘AAA (highest) to ‘D’ (lowest). Bonds rated ‘BBB’ or above are considered investment grade. Credit ratings ‘BB’ and below are lower-rated securities. High yielding, non-investment-grade bonds involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer’s ability to pay interest and principal on these securities.

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