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Principal Tax-Exempt Bond C PTBCX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 6.80  /  +0.01 %
  • Total Assets 557.6 Mil
  • Adj. Expense Ratio
    1.590%
  • Expense Ratio 1.590%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.23%
  • Effective Duration 5.28 years

USD | NAV as of Feb 26, 2024 | 1-Day Return as of Feb 26, 2024, 11:14 PM GMT+0

Morningstar’s Analysis PTBCX

Will PTBCX outperform in future?

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

Peaks and valleys.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

Principal Tax-Exempt Bond’s team has shown a tendency to go after yields, taking on more credit and interest-rate risk than peers who tread more in investment-grade debt. That, along with a compact crew and unattractive fees, limit the strategy’s appeal.

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Portfolio Holdings PTBCX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 14.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ATLANTA GA ARPT PASSENGER FAC CHARGE REV

1.88 10.5 Mil
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV

1.59 8.9 Mil
municipal

PITTSBURGH & ALLEGHENY CNTY PA SPORTS & EXHIB AUTH HOTEL ROOM EXCISE TAX RE

1.45 8.1 Mil
municipal

ILLINOIS ST

1.40 7.8 Mil
municipal

KENTUCKY ST TPK AUTH ECONOMIC DEV RD REV

1.36 7.6 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV

1.34 7.4 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV

1.28 7.1 Mil
municipal

CALIFORNIA HSG FIN AGY MUN CTFS

1.25 6.9 Mil
municipal

LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV

1.24 6.9 Mil
municipal

NATIONAL FIN AUTH N H SOLID WASTE DISP REV

1.21 6.7 Mil
municipal