Morningstar

Performance Trust Municipal Bond Fund - A Class PTRMX

Morningstar Medalist Rating
Medalist Rating as of | See Performance Trust Asset Management Investment Hub
  • NAV / 1-Day Return 22.91  /  −0.39 %
  • Total Assets 770.7M
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.61%
  • Effective Duration 6.93 years

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 1:11 AM GMT+0

Morningstar’s Analysis PTRMX

Will PTRMX outperform in the 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 PTRMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PTRMX 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 PTRMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Performance Trust Municipal Bond A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings PTRMX

More PTRMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

5.84 45M
Cash and Equivalents

DENVER COLO CITY & CNTY SCH DIST NO 1 5.5%

1.94 15M
municipal

INDIANAPOLIS IND LOC PUB IMPT BD BK 6%

1.62 12M
municipal

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

1.59 12M
municipal

DISTRICT COLUMBIA INCOME TAX REV 5.5%

1.31 10M
municipal

MIAMI FLA LTD AD VALOREM TAX 5.5%

1.27 10M
municipal

CHERRY CREEK COLO SCH DIST NO 005 5.25%

1.22 9M
municipal

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

1.22 9M
municipal

OMAHA PUB PWR DIST NEB ELEC REV 5%

1.21 9M
municipal

GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5.25%

1.20 9M
municipal

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