Performance Trust Total Return Bond Fund-Institutional Class (PTIAX)
Performance Trust Total Return Bond Fund-Institutional Class operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $19.42, up 0.00% on the session, giving a market capitalisation of $10.48B. Its beta of 0.92 implies it has historically moved less than the broad market.
This fund's primary objective is to acquire fixed-income assets deemed undervalued, aiming to generate returns through both consistent interest payments and prospective capital appreciation. A minimum of 80% of its net assets are regularly channeled into fixed-income instruments. These investments may include a diverse array of mortgage-backed securities, specifically residential mortgage-backed securities (RMBS) across prime, subprime, and "Alt-A" first-lien mortgage sectors, alongside commercial mortgage-backed securities (CMBS), encompassing both traditional and interest-only types.
Performance Trust Total Return Bond Fund-Institutional Class is most often compared with the following Financial Services names: