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Principal Tax-Exempt Bond A PTEAX

Analyst rating as of
NAV / 1-Day Return
6.40  /  0.03 %
Total Assets
635.2 Mil
Adj. Expense Ratio
0.710%
Expense Ratio
0.740%
Fee Level
Below Average
Longest Manager Tenure
11.03 years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.66%
Effective Duration
6.09 years

Morningstar’s Fund Analysis PTEAX

Will PTEAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

In for a wild ride.

Summary

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Principal Tax-Exempt Bond’s stable and experienced team follows a standard research-based approach, but a tendency to hold higher levels of credit and interest-rate risk relative to peers, combined with unappealing fees, support a Morningstar Analyst Rating of Neutral on its cheaper share classes and Negative on its priciest share class.

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