Performance Trust Municipal Bond Fund

U.S. News evaluated 83 Muni National Interm Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 7.71 percent over the past year, and 8.27 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 8.0%
1 Year 7.7%
3 Years (Annualized) 8.3%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current interest income that is substantially exempt from regular federal income taxes and is consistent with preservation of capital. The fund invests at least 80% of its net assets in investment-grade quality municipal securities that pay interest that is exempt from regular federal income tax. It may invest up to 20% of its net assets in below investment grade municipal securities as well as up to 20% of its net assets in securities, the income of which are subject to federal income tax. In addition, the fund may invest up to 20% of its net assets in other investment companies, including closed-end funds and ETFs.

Fees

Fees are Low compared to funds in the same category.
Performance Trust Municipal Bond Fund has an expense ratio of 0.55 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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Top Trust for Professional Mgrs(PTIA) Funds