PTIMX
Municipal Bond Fund
Morningstar Rating: Overall
As of 03/31/2024
- 261 Funds in Category
- Category: Municipal National Interm
- Read Morningstar Criteria
Morningstar overall rating 4 stars, Class I; Municipal Intermediate Bond Category; 260 funds. Three-year rating 3 stars; 260 funds. Five-year rating 4 stars; 236 funds. Ten-year rating 5 stars; 177 funds. Ratings reflect risk-adjusted performance.
Overall Morningstar Rating TM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.
NAV
As of 04/26/2024
-
$22.52
YTD Total Returns
As of 03/31/2024
-
-0.34
30 DAY SEC YIELD
As of 03/31/2024
Subsidized
4.11%
Unsubsidized
4.11%
FUND ASSETS
As of 03/31/2024
-
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.
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.
