Principal Tax-Exempt Bond C (PTBCX)
| Fund Assets | 485.57M |
| Expense Ratio | 1.74% |
| Min. Investment | $1,000 |
| Turnover | 42.90% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 2.78% |
| Dividend Growth | 10.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 6.69 |
| YTD Return | 0.18% |
| 1-Year Return | -0.79% |
| 5-Year Return | -2.17% |
| 52-Week Low | 6.39 |
| 52-Week High | 6.87 |
| Beta (5Y) | n/a |
| Holdings | 203 |
| Inception Date | Jan 3, 1977 |
About PTBCX
Principal Tax-Exempt Bond Fund Class C is an open-end mutual fund specializing in fixed income, focused on delivering a high level of income that is exempt from federal income tax while preserving investor capital. The fund primarily invests at least 80% of its net assets in tax-exempt bonds, consisting mainly of securities issued by or on behalf of state or local governments and other public authorities. This approach makes the fund particularly relevant for investors seeking tax-advantaged income streams. Managed by experienced portfolio managers, the fund employs an actively managed strategy within the municipal bond market, aiming to provide stable payouts and manage interest rate risks common to fixed-income investments. With a significant asset base and a broad diversification across more than 200 holdings, the fund plays a notable role in the broader municipal bond sector, serving as a resource for those looking to offset federal tax liabilities through municipal bond exposure. Monthly dividends and a long-standing track record further underscore its consistent presence in the landscape of tax-exempt investments.
Performance
PTBCX had a total return of -0.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.51%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
16.47% of assets| Name | Symbol | Weight |
|---|---|---|
| MASSACHUSETTS ST DEV FIN AGY REV | MA.MASDEV 5 07.15.2040 | 2.43% |
| ATLANTA GA ARPT PASSENGER FAC CHARGE REV | GA.ATLAPT 5 07.01.2032 | 2.06% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV | CA.CASDEV 01.01.2065 | 1.75% |
| CALIFORNIA PUB FIN AUTH SR LIVING REV | CA.CASMED 6.5 06.01.2054 | 1.52% |
| NEW YORK TRANSN DEV CORP SPL FAC REV | NY.NYTTRN 5 01.01.2032 | 1.50% |
| KENTUCKY ST TPK AUTH ECONOMIC DEV RD REV | KY.KYSTRN 5 07.01.2031 | 1.49% |
| ILLINOIS ST | IL.ILS 5.5 10.01.2044 | 1.46% |
| UNIVERSITY TEX PERM UNIV FD | TX.UNIHGR 5 07.01.2036 | 1.45% |
| LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV | LA.LASFAC 3.5 11.01.2032 | 1.41% |
| CALIFORNIA HSG FIN AGY MUN CTFS | CA.CASHSG 3.75 03.25.2035 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.01816 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01692 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01542 | Jun 30, 2025 |
| May 30, 2025 | $0.01671 | May 30, 2025 |
| Apr 30, 2025 | $0.01514 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01449 | Mar 31, 2025 |