Performance Trust Municipal Bond Fund

U.S. News evaluated 82 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 7.53 percent over the past year.

Trailing Returns Updated 05.31.2013
Year to date 1.4%
1 Year 7.5%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide a high level of current interest income that is substantially exempt from regular federal income taxes and is consistent with preservation of capital. Under normal circumstances, 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 invests in municipal securities issued by or on behalf of states and local governmental authorities throughout the United States and its territories that pay interest that is exempt from regular federal income tax, but not necessarily the federal alternative minimum tax ("AMT").

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