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Morningstar

Performance Trust Municipal Bond Instl PTIMX

Morningstar Medalist Rating
Medalist Rating as of | See Performance Trust Asset Management Investment Hub
  • NAV / 1-Day Return 23.02  /  +0.09 %
  • Total Assets 712.6 Mil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.77%
  • Effective Duration 7.70 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PTIMX

Will PTIMX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PTIMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PTIMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PTIMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Performance Trust Municipal Bond Instl's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PTIMX

More PTIMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

2.17 15.6 Mil
Cash and Equivalents

CENTRAL PUGET SOUND WASH REGL TRAN AUTH SALES TAX & MOTOR VEHICLE EXCISE TA

1.61 11.6 Mil
municipal

INDIANAPOLIS IND LOC PUB IMPT BD BK 6%

1.41 10.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5%

1.39 10.0 Mil
municipal

WASATCH CNTY UTAH SCH DIST LOC BLDG AUTH LEASE REV 5.5%

1.15 8.3 Mil
municipal

PENNSYLVANIA ST 5%

1.14 8.2 Mil
Cash and Equivalents

GEORGIA ST 5%

1.12 8.1 Mil
Cash and Equivalents

ALLEGHENY CNTY PA SAN AUTH SWR REV 5.75%

1.08 7.8 Mil
municipal

DENVER COLO CITY & CNTY ARPT REV 5.75%

1.07 7.7 Mil
municipal

UNIVERSITY N C CHAPEL HILL UNIV N C HOSP REV 5%

1.01 7.3 Mil
municipal