Principal Tax-Exempt Bond Fund A (PTEAX)
6.38
-0.02
(-0.31%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.92% | 487.14M | -- | 53.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -7.360M | -0.50% |
Basic Info
| Investment Strategy | |
| The Fund seeks high level of current income exempt from federal income tax as is consistent with preservation of capital. The Fund invests at least 80% of its net assets in tax-exempt bonds (securities issued by or on behalf of state or local governments and other public authorities) at the time of purchase. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Principal |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
52
-290.15M
Peer Group Low
693.85M
Peer Group High
1 Year
% Rank:
55
-7.360M
-680.63M
Peer Group Low
7.660B
Peer Group High
3 Months
% Rank:
55
-307.76M
Peer Group Low
2.352B
Peer Group High
3 Years
% Rank:
66
-4.709B
Peer Group Low
18.48B
Peer Group High
6 Months
% Rank:
60
-291.15M
Peer Group Low
5.697B
Peer Group High
5 Years
% Rank:
63
-8.426B
Peer Group Low
35.89B
Peer Group High
YTD
% Rank:
61
-438.96M
Peer Group Low
4.719B
Peer Group High
10 Years
% Rank:
50
-7.602B
Peer Group Low
49.65B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.11% |
| Stock | 0.00% |
| Bond | 99.86% |
| Convertible | 0.00% |
| Preferred | 0.03% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MASSACHUSETTS ST DEV FIN AGY REV MA 5.000 07/15/2040 | 2.43% | 107.86 | -0.40% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.000 11/01/2036 | 2.10% | 101.68 | -0.32% |
| ATLANTA GA ARPT PASSENGER FAC CHARGE REV GA 5.000 07/01/2032 | 2.00% | 106.08 | -0.15% |
| UNIVERSITY TEX PERM UNIV FD TX 5.250 07/01/2040 | 1.94% | 109.26 | -0.40% |
| TOBACCO SETTLEMENT FING CORP N J NJ 5.250 06/01/2046 | 1.74% | 99.36 | -0.53% |
| CALIFORNIA PUB FIN AUTH SR LIVING REV CA 6.500 06/01/2054 | 1.54% | 92.94 | -0.46% |
| ILLINOIS ST IL 5.500 10/01/2044 | 1.44% | 102.72 | -0.25% |
| KENTUCKY ST TPK AUTH ECONOMIC DEV RD REV KY 5.000 07/01/2031 | 1.42% | 107.70 | -0.13% |
| UNIVERSITY TEX PERM UNIV FD TX 5.000 07/01/2036 | 1.42% | 109.14 | -0.23% |
| LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV CA 5.000 07/01/2046 | 1.35% | 100.50 | -0.28% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.40% |
| Administration Fee | -- |
| Maximum Front Load | 3.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 100.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks high level of current income exempt from federal income tax as is consistent with preservation of capital. The Fund invests at least 80% of its net assets in tax-exempt bonds (securities issued by or on behalf of state or local governments and other public authorities) at the time of purchase. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Principal |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 3.97% |
| 30-Day SEC Yield (8-31-26) | 3.65% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 213 |
| Bond | |
| Yield to Maturity (7-31-26) | 4.30% |
| Effective Duration | -- |
| Average Coupon | 4.96% |
| Calculated Average Quality | 2.701 |
| Effective Maturity | 13.64 |
| Nominal Maturity | 16.43 |
| Number of Bond Holdings | 204 |
As of July 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PTEAX", "name") |
| Broad Asset Class: =YCI("M:PTEAX", "broad_asset_class") |
| Broad Category: =YCI("M:PTEAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PTEAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |