About PTAOX
Performance Trust Total Return Bond Fund Class A is an open-end mutual fund specializing in fixed-income investments. Its primary aim is to identify and purchase undervalued bonds, seeking total return through both interest income and capital appreciation. The fund invests at least 80% of its assets in a diverse range of fixed-income instruments, which may include U.S. government-backed securities, agency and non-agency mortgage-backed securities (both residential and commercial), corporate bonds (including investment-grade and high-yield), asset-backed securities, and collateralized loan obligations. This diversified approach supports flexibility across interest rate environments and credit markets while aiming for an intermediate core-plus risk profile.
With an effective duration typically between one and ten years, the fund is managed with a focus on interest rate and credit risks, yield curve shifts, expected value, and security type. It is benchmarked against the Bloomberg U.S. Aggregate Bond Index, underlining its role as a core bond holding for investors seeking exposure beyond traditional government and investment-grade corporate bonds. Managed by PT Asset Management, the fund utilizes a rigorous, bottom-up analytical process to build a portfolio designed to perform across changing market conditions, making it a notable participant within the intermediate-term core-plus bond fund category.
Fund Family Performance Trust Asset Management
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PTAOX
Share Class - Class A
Index Bloomberg U.S. Aggregate Bond TR
PTAOX had a total return of -1.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.64%.
