Tax-exempt Bond is trading at 6.76 as of the 22nd of November 2024; that is 0.15 percent decrease since the beginning of the trading day. The fund's open price was 6.77. Tax-exempt Bond has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Tax Exempt Bond Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in tax-exempt bonds at the time of purchase. It also invests in inverse floating rate obligations , which are generally more volatile than other types of municipal obligations and may involve leverage.. More on Tax Exempt Bond Fund
Tax Exempt Bond Fund [PTBCX] is traded in USA and was established 22nd of November 2024. Tax-exempt Bond is listed under Principal Funds category by Fama And French industry classification. The fund is listed under Muni National Interm category and is part of Principal Funds family. This fund at this time has accumulated 589.05 M in assets with minimum initial investment of 1 K. Tax Exempt Bond is currently producing year-to-date (YTD) return of 1.23% with the current yeild of 0.0%, while the total return for the last 3 years was -2.08%.
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Tax-exempt Bond financial ratios help investors to determine whether Tax-exempt Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tax-exempt with respect to the benefits of owning Tax-exempt Bond security.