Performance Trust Municipal Bond Fund - A Class (PTRMX)
| Fund Assets | 764.61M |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 3.53% |
| Dividend Growth | 10.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 12, 2026 |
| Previous Close | 23.56 |
| YTD Return | 1.34% |
| 1-Year Return | 4.26% |
| 5-Year Return | 4.50% |
| 52-Week Low | 21.44 |
| 52-Week High | 23.82 |
| Beta (5Y) | n/a |
| Holdings | 244 |
| Inception Date | Sep 28, 2012 |
About PTRMX
Performance Trust Municipal Bond Fund - A Class is a mutual fund designed to provide investors with a high level of current income that is typically exempt from regular federal income tax. The fund primarily invests at least 80% of its net assets in investment-grade municipal bonds issued by states and local governments, which are used to finance public projects such as schools, transportation, and utilities. Classified in the muni national intermediate category, its portfolio duration generally ranges from 4 to 6 years, balancing interest rate sensitivity and yield expectations. The fund diversifies across various regions and sectors, reducing exposure to any single issuer and helping manage credit risk. By focusing on bonds with strong credit quality—rated in the highest four ratings tiers by nationally recognized agencies—it aims for stability and lower default risk, though it may allocate a portion to below investment-grade securities for additional yield. This fund plays a significant role for investors seeking federally tax-exempt interest income and serves as a strategic tool for tax-sensitive portfolios.
Performance
PTRMX had a total return of 4.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.90%.
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 Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class 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 |
|---|---|---|
| PTIMX | - Institutional Class | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 12, 2026 | $0.05949 | Feb 12, 2026 |
| Jan 14, 2026 | $0.02169 | Jan 14, 2026 |
| Dec 16, 2025 | $0.11717 | Dec 16, 2025 |
| Nov 14, 2025 | $0.06381 | Nov 14, 2025 |
| Oct 16, 2025 | $0.07137 | Oct 16, 2025 |
| Sep 16, 2025 | $0.07593 | Sep 16, 2025 |