Performance Trust Municipal Bond Fund - Institutional Class (PTIMX)

Fund Assets	710.74M
Expense Ratio	0.491%
Min. Investment	$2,500
Turnover	62.00%
Dividend (ttm)	0.89
Dividend Yield	4.14%
Dividend Growth	0.56%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 15, 2026

Previous Close	21.48
YTD Return	-2.84%
1-Year Return	-1.55%
5-Year Return	-1.10%
52-Week Low	21.20
52-Week High	23.22
Beta (5Y)	0.33
Holdings	233
Inception Date	Jun 30, 2011

About PTIMX

Performance Trust Municipal Bond Fund – Institutional Class is an open-end mutual fund specializing in municipal bonds, with a primary focus on providing a high level of current interest income that is largely exempt from regular federal income tax. The fund allocates at least 80% of its net assets to investment-grade municipal securities issued by state and local governments, supporting a range of public infrastructure projects and essential services. Up to 20% of assets may be allocated to below investment-grade municipal securities, as well as to other income-generating assets, including closed-end funds and ETFs, offering some diversification and potential for enhanced yield. The fund’s portfolio is diversified across states and sectors, reflecting a medium to extensive approach to both credit quality and interest rate sensitivity, with an effective duration typically around 7.9 years. It routinely holds hundreds of securities, with the top ten holdings making up about 13–18% of total assets. Its income distributions are made monthly and the fund has historically maintained an attractive yield relative to similar funds in the municipal bond category. The Performance Trust Municipal Bond Fund plays a significant role for institutional and high-net-worth investors seeking federally tax-exempt income through exposure to U.S. municipal bonds.

• Fund Family: Performance Trust Asset Management
• Category: Muni National Interm
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: PTIMX
• Share Class: - Institutional Class
• Index: Bloomberg Municipal Bond TR

Performance

PTIMX had a total return of -1.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.

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	0.73%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.44%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.49%
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
PTRMX	- Class A	0.73%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 15, 2026	$0.08228	Sep 15, 2026
Aug 13, 2026	$0.06907	Aug 13, 2026
Jul 15, 2026	$0.082	Jul 15, 2026
Jun 15, 2026	$0.0709	Jun 15, 2026
May 14, 2026	$0.07167	May 14, 2026
Apr 15, 2026	$0.07828	Apr 15, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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