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Performance Trust Strategic Bond PTIAX

Medalist Rating as of | See Performance Trust Asset Management Investment Hub
  • NAV / 1-Day Return 19.32  /  0.68 %
  • Total Assets 5.4 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.85%
  • Effective Duration

Morningstar’s Analysis PTIAX

Will PTIAX outperform in future?

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

A sound investment process and strong management team underpin Performance Trust Strategic Bond's Morningstar Medalist Rating of Silver. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings PTIAX

  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 0
  • Bond Holdings 1315
  • Other Holdings 6
  • % Assets in Top 10 Holdings 8.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4%

3.16
164,150,000
Government

First American Government Obligs X

1.54
80,010,873
Cash and Equivalents

United States Treasury Notes 1.5%

1.02
53,210,370
Government

United States Treasury Bonds 2.38%

0.77
40,160,156
Government

United States Treasury Bonds 3.38%

0.72
37,521,875
Government

CALIFORNIA ST 7.55%

0.70
36,322,146
municipal

United States Treasury Bonds 3.88%

0.68
35,259,766
Government

United States Treasury Bonds 3.25%

0.44
23,042,480
Government

SAN FRANCISCO CALIF CITY & CNTY REDEV FING AUTH TAX 5.75%

0.40
20,608,981
municipal

EXETER AUTOMOBILE RECEIVABLES TRUST 2022-2 3.65%

0.38
19,650,758
Securitized