About PTIAX
Performance Trust Total Return Bond Fund Institutional Class is a mutual fund focused on delivering a blend of income and capital appreciation within the fixed-income sector. Its primary objective is to purchase undervalued bonds and generate returns through both interest payments and potential price gains. The fund invests across a diversified portfolio of fixed-income securities, including U.S. Treasury bonds, municipal bonds, and corporate debt, with an emphasis on intermediate core-plus strategies. This structure allows the fund to balance credit quality and interest rate sensitivity, generally maintaining a moderate risk profile.
Notable features include a broad allocation spanning government, municipal, and various corporate bonds, supporting diversification across sectors and credit qualities. The fund tends to hold a large number of individual securities—over 1,600 as of the latest data—contributing to risk dispersion. The credit quality of holdings ranges from investment grade to selected high-yield bonds, offering flexibility in shifting market conditions. The fund plays a significant role for institutions and sophisticated investors seeking total return in fixed income, with a relatively high yield and a focus on undervalued opportunities within the bond market. Its medium duration and moderate sensitivity to interest rates position it as a core holding for diversified fixed-income exposure.
Fund Family Performance Trust Asset Management
Category Intermediate Core-Plus Bond
Performance Rating High
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PTIAX
Share Class - Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
PTIAX had a total return of -1.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.88%.
