Skip to Content

Principal Tax-Exempt Bond A PTEAX

Analyst rating as of
NAV / 1-Day Return
7.67  /  0.01 %
Total Assets
713.3 Mil
Adj. Expense Ratio
0.790%
Expense Ratio
0.860%
Fee Level
Above Average
Longest Manager Tenure
9.63 years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.26%
Effective Duration
5.29 years
Premium

Morningstar’s Analysis

Will PTEAX outperform in future?

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

A thin team that hungers for yield.

Summary

| |

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.

Unlock our full analysis with Morningstar Premium