Continue to site >
Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$232 M

-

4.60%

Vitals

YTD Return

N/A

1 yr return

10.4%

3 Yr Avg Return

3.9%

5 Yr Avg Return

5.0%

Net Assets

$232 M

Holdings in Top 10

14.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 4.60%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 22.30%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$232 M

-

4.60%

PTBBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal Tax-Exempt Bond Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 30, 1994
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Noble

Fund Description


PTBBX - Performance

Return Ranking - Trailing

Period PTBBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.8% N/A
1 Yr 10.4% -2.6% 5.6% N/A
3 Yr 3.9%* -3.2% 1.4% N/A
5 Yr 5.0%* -1.8% 2.3% N/A
10 Yr 3.6%* -8.7% 2.3% N/A

* Annualized

Return Ranking - Calendar

Period PTBBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 0.8% N/A
2022 N/A -0.9% 5.6% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -10.9% 2.6% N/A
2019 N/A -60.4% 12.0% N/A

Total Return Ranking - Trailing

Period PTBBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 6.0% N/A
1 Yr 5.4% -2.5% 7.0% N/A
3 Yr 2.7%* -3.2% 3.2% N/A
5 Yr 4.7%* -1.8% 3.7% N/A
10 Yr 3.6%* -8.7% 4.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PTBBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 1.7% N/A
2022 N/A -0.9% 6.2% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -9.6% 3.9% N/A
2019 N/A -60.4% 12.0% N/A

PTBBX - Holdings

Concentration Analysis

PTBBX Category Low Category High PTBBX % Rank
Net Assets 232 M 762 K 68.3 B N/A
Number of Holdings 185 3 8426 N/A
Net Assets in Top 10 34.3 M -4.59 M 2.02 B N/A
Weighting of Top 10 14.80% 2.5% 100.0% N/A

Top 10 Holdings

  1. Milwaukee Cnty Wis Arpt Rev Arpt 5.25% 1.87%
  2. Iowa Fin Auth 5% 1.85%
  3. Illinois St Go Bds 5.5% 1.70%
  4. J P Morgan Chase Putters / Dri Ctfs 1.69%
  5. Massachusetts Edl Fing Auth 4.9% 1.56%
  6. Amer Mun Pwr Ohio Inc Rev Rev Ref 5.25% 1.30%
  7. Hudson Yds Infrasct Corp Senior Re 5.75% 1.27%
  8. Bay Area Toll Auth 5% 1.27%
  9. San Diego Calif Uni Sch Dist 1.16%
  10. Massachusetts Bay Transn Auth 5.25% 1.15%

Asset Allocation

Weighting Return Low Return High PTBBX % Rank
Bonds
97.90% 17.56% 101.83% N/A
Cash
2.10% -1.83% 82.44% N/A
Stocks
0.00% 0.00% 0.39% N/A
Preferred Stocks
0.00% 0.00% 8.94% N/A
Other
0.00% -1.53% 30.00% N/A
Convertible Bonds
0.00% 0.00% 2.66% N/A

Bond Sector Breakdown

Weighting Return Low Return High PTBBX % Rank
Municipal
97.90% 0.00% 104.99% N/A
Cash & Equivalents
2.10% -2.41% 82.44% N/A
Derivative
0.00% 0.00% 0.08% N/A
Securitized
0.00% 0.00% 23.62% N/A
Corporate
0.00% 0.00% 39.71% N/A
Government
0.00% -6.32% 93.35% N/A

Bond Geographic Breakdown

Weighting Return Low Return High PTBBX % Rank
US
97.90% 17.56% 101.37% N/A
Non US
0.00% 0.00% 23.82% N/A

PTBBX - Expenses

Operational Fees

PTBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.60% 0.09% 4.80% N/A
Management Fee 0.45% 0.00% 0.65% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.34% N/A

Sales Fees

PTBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 5.00% 0.50% 5.50% N/A

Trading Fees

PTBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PTBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.30% 0.00% 739.25% N/A

PTBBX - Distributions

Dividend Yield Analysis

PTBBX Category Low Category High PTBBX % Rank
Dividend Yield 0.00% 0.00% 2.53% N/A

Dividend Distribution Analysis

PTBBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PTBBX Category Low Category High PTBBX % Rank
Net Income Ratio 3.54% 0.01% 4.95% N/A

Capital Gain Distribution Analysis

PTBBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

PTBBX - Fund Manager Analysis

Managers

James Noble


Start Date

Tenure

Tenure Rank

Mar 01, 2013

1.92

1.9%

James Noble has been with PGI since 2010. Previously, he was an analyst at The Dreyfus Corporation. He has earned a bachelor’s degree in finance and an M.B.A. from Hofstra University.

James Welch


Start Date

Tenure

Tenure Rank

Oct 01, 2014

0.33

0.3%

Welch is a portfolio manager with Dreyfus Corporation, his employer since October 2001. Prior to joining Dreyfus he was senior vice president with Back Bay Advisors, his employer since March 1993. Previously, he spent five years with Putnam Management Company, where he served as vice president and portfolio manager.He earned a bachelor's degree in Economics from the Pennsylvania State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 7.57 4.32