PT Asset Management, LLC

Total Return Bond Fund

Morningstar Rating: Overall

As of 09/30/2024

Morningstar overall rating 5 stars, Class I; Intermediate Core-Plus Bond Category; 546 funds. Three-year rating 4 stars; 546 funds. Five-year rating 4 stars; 505 funds. Ten-year rating 5 stars; 357 funds. Ratings reflect risk-adjusted performance.

NAV

As of 10/08/2024

-

$20.03

YTD Total Returns

As of 09/30/2024

-

6.10%

30 DAY SEC YIELD

As of 09/30/2024

Subsidized

6.11%

Unsubsidized

6.14%

FUND ASSETS

As of 09/30/2024

-

Overview

The investment objective of the Performance Trust Total Return Bond Fund is to purchase undervalued fixed-income assets and achieve investment returns through interest income and potential capital appreciation.

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.

Fund Facts

Ticker

PTIAX

Fund Inception Date

09/01/2010

Share class Inception Date

09/01/2010

Number of Holdings

As of 06/30/2024

1,523

Portfolio Managers

Anthony Harris, CPA

Senior Portfolio Manager

Mark Peiler, CFA

Portfolio Manager

Lars Anderson, CFA

Portfolio Manager

Literature

Fact Sheet
Commentary
Prospectus