PT Asset Management, LLC

PTRMX

Municipal Bond Fund

NAV

As of 04/19/2024

-

$22.64

YTD Total Return

As of 03/31/2024

-

-0.43

30 DAY SEC YIELD

As of 03/31/2024

Subsidized

3.77%

Unsubsidized

3.77%

FUND ASSETS

As of 03/31/2024

-

$718.5M

Overview

The investment objective of the Performance Trust Municipal Bond Fund is to provide a high level of current interest income that is substantially exempt from regular federal income taxes and is consistent with preservation of capital.

Performance

Total Returns as of YTD 1-Year 3-Year 5-Year 10-Year Since Inception Inception Date
Total Returns as of YTD 1-Year 3-Year 5-Year 10-Year Since Inception Inception Date

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. Since Inception performance shown for the Index is as of the Fund's oldest share class.

On January 1, 2019 PTRMX changed from Class R to Class A. Performance shown for Class A shares reflects the performance of the Institutional Class shares (inception 6/30/2011), adjusted to reflect Class A expenses and the Class A front-end sales charge of 2.25%.

NAV represents annualized returns without a sales charge. Class A has a maximum sales charge of 2.25%.

The distribution information shown in the table above is presented for informational purposes only; they are subject to change and may not be accurate or complete for tax reporting. This information is not intended to be a substitute for specific tax documents or specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, we recommend consultation with a qualified tax advisor, CPA, or Financial Planner.

Portfolio

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.

Fund Facts

Ticker

PTRMX

Fund Inception Date

06/30/2011

Share Class Inception Date

09/28/2012

Number of Holdings

As of 03/31/2024

267

Portfolio Managers

Literature

Fact Sheet
Commentary
Prospectus