Principal Tax-Exempt Bond Fund A (PTEAX)
6.75
-0.02
(-0.30%)
USD |
Mar 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.73% | 517.42M | -- | 53.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -27.76M | 3.93% |
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:
33
-273.32M
Peer Group Low
756.38M
Peer Group High
1 Year
% Rank:
57
-27.76M
-1.595B
Peer Group Low
6.901B
Peer Group High
3 Months
% Rank:
37
-669.73M
Peer Group Low
2.033B
Peer Group High
3 Years
% Rank:
76
-4.689B
Peer Group Low
18.27B
Peer Group High
6 Months
% Rank:
46
-674.05M
Peer Group Low
4.282B
Peer Group High
5 Years
% Rank:
67
-7.840B
Peer Group Low
34.86B
Peer Group High
YTD
% Rank:
42
-432.72M
Peer Group Low
852.12M
Peer Group High
10 Years
% Rank:
48
-7.217B
Peer Group Low
46.01B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 03, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.70% |
| Stock | 0.00% |
| Bond | 99.27% |
| 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 | 2.54% | 121.29 | -0.41% |
| ATLANTA GA ARPT PASSENGER FAC CHARGE REV GA 5.000 07/01/2032 | 2.05% | -- | -- |
| CALIFORNIA PUB FIN AUTH SR LIVING REV CA 6.500 06/01/2054 | 1.54% | 97.81 | -0.47% |
| UNIVERSITY TEX PERM UNIV FD TX 5.000 07/01/2036 | 1.48% | 120.56 | -0.32% |
| KENTUCKY ST TPK AUTH ECONOMIC DEV RD REV KY 5.000 07/01/2031 | 1.45% | 113.61 | -0.19% |
| ILLINOIS ST IL 5.500 10/01/2044 | 1.44% | -- | -- |
| LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV CA 5.000 07/01/2046 | 1.40% | -- | -- |
| CALIFORNIA HSG FIN AGY MUN CTFS CA 3.750 03/25/2035 | 1.37% | 104.35 | -0.30% |
| MARICOPA CNTY ARIZ INDL DEV AUTH REV AZ 4.000 01/01/2041 | 1.23% | 99.90 | -0.14% |
| MASSACHUSETTS ST DEV FIN AGY REV MA 5.000 05/15/2055 | 1.17% | 120.37 | -0.31% |
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 |
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 (2-27-26) | 3.78% |
| 30-Day SEC Yield (1-31-26) | 3.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 214 |
| Bond | |
| Yield to Maturity (1-31-26) | 3.88% |
| Effective Duration | -- |
| Average Coupon | 5.02% |
| Calculated Average Quality | 2.717 |
| Effective Maturity | 13.16 |
| Nominal Maturity | 16.70 |
| Number of Bond Holdings | 204 |
As of January 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. |