Principal Tax-Exempt Bond Fund Class A (PTEAX)

Fund Assets	500.72M
Expense Ratio	0.92%
Min. Investment	$1,000
Turnover	53.20%
Dividend (ttm)	0.26
Dividend Yield	3.91%
Dividend Growth	5.35%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	6.56
YTD Return	0.20%
1-Year Return	5.04%
5-Year Return	-0.33%
52-Week Low	6.48
52-Week High	6.77
Beta (5Y)	0.28
Holdings	207
Inception Date	Jan 3, 1977

About PTEAX

Principal Tax-Exempt Bond Fund Class A is a fixed income mutual fund designed to provide a high level of income that is exempt from federal income tax, while aiming to preserve investors’ capital. Managed by Principal Global Investors, the fund primarily invests in a diversified portfolio of U.S. municipal bonds, which are debt securities issued by state and local governments and their agencies. These bonds typically finance public projects such as infrastructure, utilities, and community development. The fund’s holdings span various sectors and regions, with notable exposure to municipal issuances in transportation, energy, and housing. The fund’s investment approach may involve assuming moderate credit and interest rate risk relative to its peers, allowing for the potential of higher yields. With a total asset base exceeding $500 million, it plays a significant role for investors seeking federally tax-exempt income and diversification within municipal fixed income markets. The fund's effective duration and credit profile reflect its focus on intermediate-term municipal securities, making it a recognized option within the municipal bond fund category.

• Fund Family: Principal Funds
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: PTEAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

PTEAX had a total return of 5.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.89%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FLUVX	Fidelity	Fidelity Advisor Municipal Income M	0.75%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.50%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.50%
FUENX	Fidelity	Fidelity Flex Municipal Income Fund	n/a
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PITEX	Institutional Class	0.64%
PTBCX	Class C	1.82%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02248	Jul 31, 2026
Jun 30, 2026	$0.02036	Jun 30, 2026
May 29, 2026	$0.02095	May 29, 2026
Apr 30, 2026	$0.02008	Apr 30, 2026
Mar 31, 2026	$0.02058	Mar 31, 2026
Feb 27, 2026	$0.01908	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 24, 2026

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