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Performance Trust Strategic Bond PTIAX

Medalist Rating as of | See Performance Trust Asset Management Investment Hub
  • NAV / 1-Day Return 19.21  /  0.68 %
  • Total Assets 5.7 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 Medium / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.12%
  • Effective Duration 5.85 years

Morningstar’s Analysis PTIAX

Will PTIAX outperform in future?

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

A lowering of People Pillar rating is the primary driver of Performance Trust Strategic Bond's downgrade to a Morningstar Medalist Rating of Bronze from Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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Portfolio Holdings PTIAX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1352
  • Other Holdings 6
  • % Assets in Top 10 Holdings 10.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4%

2.52
141,943,750
Government

United States Treasury Bonds 3.88%

2.39
134,801,562
Government

United States Treasury Bonds 3.88%

2.31
130,335,938
Government

United States Treasury Bonds 4.38%

0.83
46,625,000
Government

First American Government Obligs X

0.69
38,573,075
Cash and Equivalents

United States Treasury Bonds 2.38%

0.61
34,549,804
Government

CALIFORNIA ST 7.55%

0.59
33,008,265
municipal

United States Treasury Bonds 3.38%

0.58
32,397,656
Government

United States Treasury Bonds 3.25%

0.35
19,912,598
Government

EXETER AUTOMOBILE RECEIVABLES TRUST 2022-2 3.65%

0.35
19,820,338
Securitized