PTRMX - Performance Trust Municipal Bond Fund - A Class

Nasdaq - Nasdaq Delayed Price. Currency in USD

Performance Trust Municipal Bond Fund - A Class

Trust For Professional Managers

615 East Michigan Street

Milwaukee, Wisconsin 53202

Management Information
G. Michael Plaiss,Lead Manager since June 29, 2011
Mike brings over 15 years of experience managing institutional fixed-income portfolios. He currently manages investment portfolios across all of PTAM’s structured credit and municipal bond focused funds and separately managed accounts. Mike’s responsibilities include portfolio construction, security selection, portfolio attribution, modeling RMBS and municipal bond cash flows, and risk management. Prior to joining PTAM, Mike managed more than $700 million in municipal and corporate bonds, mortgage-backed securities, and other structured fixed-income for the Kentucky Farm Bureau, the state’s largest property and casualty insurance provider. Earlier in his career, Mike held positions at multiple banking institutions where he also managed diverse fixed income portfolios. Mike graduated from Indiana University, Bloomington with a Bachelor of Arts in Economics and is a CFA charterholder.
Morningstar Style Box
Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMuni National Interm
Fund FamilyPT Asset Management, LLC (PTAM)
Net Assets301.25M
YTD Return5.90%
Morningstar Rating★★★★
Inception DateSep 27, 2012

Fund Operations

Last Dividend0.05
Last Cap Gain0.00
Holdings Turnover28.49%
Average for CategoryN/A

Fees & Expenses

ExpensePTRMXCategory Average
Annual Report Expense Ratio (net)0.80%0.74%
Prospectus Net Expense Ratio0.80%N/A
Prospectus Gross Expense Ratio0.85%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales LoadN/A3.55%
Max Deferred Sales LoadN/A1.18%
3 Yr Expense Projection485N/A
5 Yr Expense Projection681N/A
10 Yr Expense Projection1,246N/A