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Principal Tax-Exempt Bond C PTBCX

Analyst rating as of
NAV / 1-Day Return
7.71  /  0.00 %
Total Assets
717.3 Mil
Adj. Expense Ratio
1.600%
Expense Ratio
1.670%
Fee Level
High
Longest Manager Tenure
9.64 years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
1.45%
Effective Duration
5.29 years
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Morningstar’s Analysis

Will PTBCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A thin team that hungers for yield.

Summary

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Principal Tax-Exempt Bond’s small investment team, willingness to take on relatively high amounts of credit and interest-rate risk, and middling fees support a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive share class is rated Negative.

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