Performance Trust Municipal Bond Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.7%
1 yr return
5.1%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
1.4%
Net Assets
$589 M
Holdings in Top 10
18.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.91%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PTIMX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.91%
- Dividend Yield 4.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePerformance Trust Municipal Bond Fund
-
Fund Family NamePerformance Trust Asset Management
-
Inception DateJun 30, 2011
-
Shares Outstanding30509251
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerG. Plaiss
Fund Description
PTIMX - Performance
Return Ranking - Trailing
Period | PTIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -2.7% | 12.2% | 89.60% |
1 Yr | 5.1% | -3.0% | 38.5% | 6.01% |
3 Yr | -0.7%* | -10.3% | 3.3% | 46.13% |
5 Yr | 1.4%* | -5.7% | 1102.9% | 21.81% |
10 Yr | 3.0%* | -0.2% | 248.3% | 7.21% |
* Annualized
Return Ranking - Calendar
Period | PTIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -1.4% | 41.0% | 4.60% |
2022 | -14.2% | -39.7% | 0.3% | 84.10% |
2021 | -0.1% | -5.6% | 6.9% | 33.47% |
2020 | 3.4% | -2.6% | 310.0% | 4.33% |
2019 | 5.3% | 0.0% | 26.0% | 10.40% |
Total Return Ranking - Trailing
Period | PTIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -2.7% | 12.2% | 89.60% |
1 Yr | 5.1% | -3.0% | 38.5% | 6.01% |
3 Yr | -0.7%* | -10.3% | 3.3% | 46.13% |
5 Yr | 1.4%* | -5.7% | 1102.9% | 21.81% |
10 Yr | 3.0%* | -0.2% | 248.3% | 7.21% |
* Annualized
Total Return Ranking - Calendar
Period | PTIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.7% | -1.3% | 41.0% | 2.53% |
2022 | -12.0% | -39.7% | 1.1% | 85.74% |
2021 | 2.0% | -4.8% | 23761504.0% | 37.63% |
2020 | 6.3% | -1.5% | 17057.9% | 4.53% |
2019 | 7.2% | 0.2% | 3514.6% | 31.14% |
NAV & Total Return History
PTIMX - Holdings
Concentration Analysis
PTIMX | Category Low | Category High | PTIMX % Rank | |
---|---|---|---|---|
Net Assets | 589 M | 3.48 M | 68.1 B | 39.97% |
Number of Holdings | 221 | 2 | 12848 | 52.13% |
Net Assets in Top 10 | 112 M | -317 M | 3.4 B | 38.02% |
Weighting of Top 10 | 18.92% | 1.9% | 100.4% | 44.49% |
Top 10 Holdings
- First American Government Obligations Fund 5.94%
- Central Puget Sound Regional Transit Authority 1.92%
- District of Columbia Income Tax Revenue 1.86%
- Indianapolis Local Public Improvement Bond Bank 1.72%
- Wasatch County School District Local Building Authority 1.40%
- Allegheny County Sanitary Authority 1.31%
- City County of Denver CO Airport System Revenue 1.29%
- Greater Clark Building Corp 1.18%
- City of Jacksonville FL 1.16%
- City of San Antonio TX Electric Gas Systems Revenue 1.14%
Asset Allocation
Weighting | Return Low | Return High | PTIMX % Rank | |
---|---|---|---|---|
Bonds | 95.12% | 0.00% | 150.86% | 87.96% |
Cash | 5.94% | -50.86% | 50.09% | 5.80% |
Stocks | 0.00% | 0.00% | 99.80% | 42.50% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 35.31% |
Other | 0.00% | -8.54% | 33.35% | 40.66% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 35.25% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PTIMX % Rank | |
---|---|---|---|---|
Municipal | 95.78% | 44.39% | 100.00% | 75.61% |
Cash & Equivalents | 5.94% | 0.00% | 48.02% | 4.96% |
Corporate | 1.25% | 0.00% | 9.41% | 2.33% |
Securitized | 0.40% | 0.00% | 5.93% | 0.39% |
Derivative | 0.00% | -8.54% | 23.38% | 37.76% |
Government | 0.00% | 0.00% | 52.02% | 40.94% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PTIMX % Rank | |
---|---|---|---|---|
US | 95.12% | 0.00% | 142.23% | 84.60% |
Non US | 0.00% | 0.00% | 23.89% | 42.65% |
PTIMX - Expenses
Operational Fees
PTIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.01% | 20.65% | 82.84% |
Management Fee | 0.40% | 0.00% | 1.20% | 39.99% |
12b-1 Fee | N/A | 0.00% | 1.00% | 49.66% |
Administrative Fee | N/A | 0.01% | 0.44% | 51.56% |
Sales Fees
PTIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
PTIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 10.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PTIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.91% | 0.00% | 283.00% | 44.01% |
PTIMX - Distributions
Dividend Yield Analysis
PTIMX | Category Low | Category High | PTIMX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.02% | 0.00% | 14.36% | 4.76% |
Dividend Distribution Analysis
PTIMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PTIMX | Category Low | Category High | PTIMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.91% | -0.53% | 5.33% | 51.66% |
Capital Gain Distribution Analysis
PTIMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 15, 2024 | $0.070 | OrdinaryDividend |
Feb 15, 2024 | $0.077 | OrdinaryDividend |
Jan 16, 2024 | $0.025 | OrdinaryDividend |
Dec 15, 2023 | $0.119 | OrdinaryDividend |
Nov 15, 2023 | $0.082 | OrdinaryDividend |
Oct 16, 2023 | $0.071 | OrdinaryDividend |
Sep 15, 2023 | $0.071 | OrdinaryDividend |
Aug 15, 2023 | $0.073 | OrdinaryDividend |
Jul 14, 2023 | $0.068 | OrdinaryDividend |
Jun 15, 2023 | $0.068 | OrdinaryDividend |
May 16, 2023 | $0.075 | OrdinaryDividend |
Apr 14, 2023 | $0.066 | OrdinaryDividend |
Mar 15, 2023 | $0.070 | OrdinaryDividend |
Feb 15, 2023 | $0.072 | OrdinaryDividend |
Jan 13, 2023 | $0.021 | OrdinaryDividend |
Dec 15, 2022 | $0.108 | OrdinaryDividend |
Nov 15, 2022 | $0.058 | OrdinaryDividend |
Oct 14, 2022 | $0.061 | OrdinaryDividend |
Sep 15, 2022 | $0.061 | OrdinaryDividend |
Aug 15, 2022 | $0.051 | OrdinaryDividend |
Jul 15, 2022 | $0.045 | OrdinaryDividend |
Jun 15, 2022 | $0.036 | OrdinaryDividend |
May 16, 2022 | $0.036 | OrdinaryDividend |
Apr 14, 2022 | $0.033 | OrdinaryDividend |
Mar 15, 2022 | $0.036 | OrdinaryDividend |
Feb 15, 2022 | $0.037 | OrdinaryDividend |
Jan 14, 2022 | $0.022 | OrdinaryDividend |
Nov 15, 2021 | $0.027 | OrdinaryDividend |
Oct 15, 2021 | $0.078 | OrdinaryDividend |
Sep 15, 2021 | $0.026 | OrdinaryDividend |
Aug 16, 2021 | $0.052 | OrdinaryDividend |
Jul 15, 2021 | $0.056 | OrdinaryDividend |
Jun 15, 2021 | $0.033 | OrdinaryDividend |
May 17, 2021 | $0.056 | OrdinaryDividend |
Apr 15, 2021 | $0.056 | OrdinaryDividend |
Mar 15, 2021 | $0.057 | OrdinaryDividend |
Feb 16, 2021 | $0.051 | OrdinaryDividend |
Jan 15, 2021 | $0.047 | OrdinaryDividend |
Dec 15, 2020 | $0.101 | OrdinaryDividend |
Nov 16, 2020 | $0.047 | OrdinaryDividend |
Oct 15, 2020 | $0.057 | OrdinaryDividend |
Sep 15, 2020 | $0.064 | OrdinaryDividend |
Aug 14, 2020 | $0.053 | OrdinaryDividend |
Jul 15, 2020 | $0.063 | OrdinaryDividend |
Jun 15, 2020 | $0.052 | OrdinaryDividend |
May 15, 2020 | $0.056 | OrdinaryDividend |
Apr 15, 2020 | $0.058 | OrdinaryDividend |
Mar 16, 2020 | $0.061 | OrdinaryDividend |
Feb 14, 2020 | $0.055 | OrdinaryDividend |
Jan 15, 2020 | $0.036 | OrdinaryDividend |
Nov 27, 2019 | $0.002 | OrdinaryDividend |
Oct 30, 2019 | $0.003 | OrdinaryDividend |
Sep 27, 2019 | $0.002 | OrdinaryDividend |
Aug 29, 2019 | $0.002 | OrdinaryDividend |
Jul 30, 2019 | $0.003 | OrdinaryDividend |
Jun 27, 2019 | $0.055 | OrdinaryDividend |
May 30, 2019 | $0.067 | OrdinaryDividend |
Apr 29, 2019 | $0.056 | OrdinaryDividend |
Mar 28, 2019 | $0.062 | OrdinaryDividend |
Feb 27, 2019 | $0.052 | OrdinaryDividend |
Jan 30, 2019 | $0.054 | OrdinaryDividend |
Dec 28, 2018 | $0.063 | OrdinaryDividend |
Nov 29, 2018 | $0.055 | OrdinaryDividend |
Oct 30, 2018 | $0.064 | OrdinaryDividend |
Sep 27, 2018 | $0.052 | OrdinaryDividend |
Aug 30, 2018 | $0.060 | OrdinaryDividend |
Jul 30, 2018 | $0.056 | OrdinaryDividend |
Jun 28, 2018 | $0.053 | OrdinaryDividend |
May 30, 2018 | $0.062 | OrdinaryDividend |
Apr 27, 2018 | $0.055 | OrdinaryDividend |
Mar 28, 2018 | $0.070 | OrdinaryDividend |
Feb 27, 2018 | $0.043 | OrdinaryDividend |
Jan 30, 2018 | $0.051 | OrdinaryDividend |
Dec 28, 2017 | $0.059 | OrdinaryDividend |
Nov 29, 2017 | $0.055 | OrdinaryDividend |
Oct 30, 2017 | $0.054 | OrdinaryDividend |
Sep 28, 2017 | $0.050 | OrdinaryDividend |
Aug 30, 2017 | $0.056 | OrdinaryDividend |
Jul 28, 2017 | $0.051 | OrdinaryDividend |
Jun 29, 2017 | $0.057 | OrdinaryDividend |
May 30, 2017 | $0.052 | OrdinaryDividend |
Apr 27, 2017 | $0.046 | OrdinaryDividend |
Mar 30, 2017 | $0.064 | OrdinaryDividend |
Feb 27, 2017 | $0.046 | OrdinaryDividend |
Jan 30, 2017 | $0.041 | OrdinaryDividend |
Dec 29, 2016 | $0.056 | OrdinaryDividend |
Nov 29, 2016 | $0.050 | OrdinaryDividend |
Oct 28, 2016 | $0.048 | OrdinaryDividend |
Sep 29, 2016 | $0.044 | OrdinaryDividend |
Aug 30, 2016 | $0.049 | OrdinaryDividend |
Jul 28, 2016 | $0.049 | OrdinaryDividend |
Jun 29, 2016 | $0.048 | OrdinaryDividend |
May 27, 2016 | $0.045 | OrdinaryDividend |
Apr 28, 2016 | $0.035 | OrdinaryDividend |
Mar 30, 2016 | $0.048 | OrdinaryDividend |
Feb 26, 2016 | $0.040 | OrdinaryDividend |
Jan 28, 2016 | $0.039 | OrdinaryDividend |
Dec 30, 2015 | $0.059 | OrdinaryDividend |
Nov 25, 2015 | $0.041 | OrdinaryDividend |
Oct 29, 2015 | $0.045 | OrdinaryDividend |
Sep 29, 2015 | $0.055 | OrdinaryDividend |
Aug 28, 2015 | $0.045 | OrdinaryDividend |
Jul 30, 2015 | $0.054 | OrdinaryDividend |
Jun 26, 2015 | $0.045 | OrdinaryDividend |
May 28, 2015 | $0.042 | OrdinaryDividend |
Apr 29, 2015 | $0.054 | OrdinaryDividend |
Mar 30, 2015 | $0.055 | OrdinaryDividend |
Feb 26, 2015 | $0.047 | OrdinaryDividend |
Jan 29, 2015 | $0.044 | OrdinaryDividend |
Dec 30, 2014 | $0.062 | OrdinaryDividend |
Nov 26, 2014 | $0.043 | OrdinaryDividend |
Oct 30, 2014 | $0.061 | OrdinaryDividend |
Sep 29, 2014 | $0.049 | OrdinaryDividend |
Aug 28, 2014 | $0.050 | OrdinaryDividend |
Jul 30, 2014 | $0.063 | OrdinaryDividend |
Jun 27, 2014 | $0.056 | OrdinaryDividend |
May 29, 2014 | $0.062 | OrdinaryDividend |
Apr 29, 2014 | $0.064 | OrdinaryDividend |
Mar 28, 2014 | $0.069 | OrdinaryDividend |
Feb 27, 2014 | $0.057 | OrdinaryDividend |
Jan 30, 2014 | $0.058 | OrdinaryDividend |
Dec 30, 2013 | $0.069 | OrdinaryDividend |
Nov 27, 2013 | $0.053 | OrdinaryDividend |
Oct 30, 2013 | $0.065 | OrdinaryDividend |
Sep 27, 2013 | $0.046 | OrdinaryDividend |
Aug 29, 2013 | $0.061 | OrdinaryDividend |
Jul 30, 2013 | $0.074 | OrdinaryDividend |
Jun 27, 2013 | $0.063 | OrdinaryDividend |
May 30, 2013 | $0.073 | OrdinaryDividend |
Apr 29, 2013 | $0.065 | OrdinaryDividend |
Mar 27, 2013 | $0.063 | OrdinaryDividend |
Feb 27, 2013 | $0.059 | OrdinaryDividend |
Jan 30, 2013 | $0.062 | OrdinaryDividend |
Dec 28, 2012 | $0.065 | OrdinaryDividend |
Nov 29, 2012 | $0.069 | OrdinaryDividend |
Oct 31, 2012 | $0.060 | OrdinaryDividend |
Sep 27, 2012 | $0.056 | OrdinaryDividend |
Aug 30, 2012 | $0.067 | OrdinaryDividend |
Jul 30, 2012 | $0.060 | OrdinaryDividend |
Jun 28, 2012 | $0.044 | OrdinaryDividend |
May 30, 2012 | $0.081 | OrdinaryDividend |
Apr 27, 2012 | $0.064 | OrdinaryDividend |
Mar 29, 2012 | $0.068 | OrdinaryDividend |
Feb 28, 2012 | $0.065 | OrdinaryDividend |
Jan 30, 2012 | $0.070 | OrdinaryDividend |
Nov 30, 2011 | $0.058 | OrdinaryDividend |
Oct 31, 2011 | $0.061 | OrdinaryDividend |
Sep 30, 2011 | $0.046 | OrdinaryDividend |
Aug 31, 2011 | $0.042 | OrdinaryDividend |
PTIMX - Fund Manager Analysis
Managers
G. Plaiss
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
10.9%
Mike brings over 15 years of experience managing institutional fixed-income portfolios. He currently manages investment portfolios across all of PTAM’s structured credit and municipal bond focused funds and separately managed accounts. Mike’s responsibilities include portfolio construction, security selection, portfolio attribution, modeling RMBS and municipal bond cash flows, and risk management. Prior to joining PTAM, Mike managed more than $700 million in municipal and corporate bonds, mortgage-backed securities, and other structured fixed-income for the Kentucky Farm Bureau, the state’s largest property and casualty insurance provider. Earlier in his career, Mike held positions at multiple banking institutions where he also managed diverse fixed income portfolios. Mike graduated from Indiana University, Bloomington with a Bachelor of Arts in Economics and is a CFA charterholder.
Mark Peiler
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Mr. Peiler serves as a member of the Adviser’s portfolio management team. His responsibilities include portfolio construction, security selection and risk management of municipal bonds. Prior to joining the Adviser, Mr. Peiler was the Chief Investment Officer at BNC National Bank for over 23 years from 1998 to 2022. At BNC National Bank, he applied Shape Management® to the management of its portfolio of municipal, mortgage-backed, and other structured fixed-income securities. Mr. Peiler also managed portfolios for clients of its Wealth Management Division, and prior to leaving BNC National Bank, he was named the Interim Chief Financial Officer. Mr. Peiler received a Bachelor of Business Administration majoring in Banking and Financial Economics from the University of North Dakota, and is a CFA® charterholder. Mr. Peiler served on the CFA Society Minnesota board from 2010 through 2021, and was its President from 2017 through 2019.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |