PITEX — Tax-Exempt Bond Fund
Data updated: 2026-06-25
PITEX — Tax-Exempt Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $508.90M AUM · 0.64% expense ratio · 6.0% 1-yr return. From SEC regulatory filings.
PITEX Fund Overview
PITEX — Tax-Exempt Bond Fund is a US mutual fund managed by Principal Funds, Inc., categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Principal Funds, Inc.
- Category: Long Municipal - National Bond
- Assets under management: $508.90M
- 1-year return: 6.0%
- Ticker: PITEX
- SEC CIK: 0000898745
- SEC series ID: S000014237
- Share class ID: C000158782
PITEX Holdings
Top 10 holdings of Tax-Exempt Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Massachusetts Development Finance Agency | 2.49% |
| Permanent University Fund - University of Texas System | 2.11% |
| City of Atlanta GA Airport Passenger Facility Charge | 2.00% |
| Tobacco Settlement Financing Corp | 1.71% |
| California Public Finance Authority | 1.49% |
| Permanent University Fund - University of Texas System | 1.44% |
| State of Illinois | 1.43% |
| Kentucky Turnpike Authority | 1.42% |
| California Housing Finance Agency | 1.34% |
| Los Angeles Department of Water & Power Water System Revenue | 1.34% |
PITEX Portfolio Allocation
Asset-class allocation of Tax-Exempt Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.3% |
| Equity | 0.5% |
PITEX Performance
Total returns for PITEX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.7% |
| 1 year | 6.0% |
| 3 years (annualised) | 3.5% |
| 5 years (annualised) | 0.6% |
PITEX Risk Information
Risk metrics for PITEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
PITEX Costs and Fees
PITEX costs about $64 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.64%
- Gross expense ratio: 0.72%
- Portfolio turnover: 53%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
PITEX Cashflows
Over the 12 months to 2026-04, Tax-Exempt Bond Fund had net outflows of $8.50M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$2.32M |
| 2026-03 | $3.20M |
| 2026-02 | $5.79M |
| 2026-01 | $915.88K |
| 2025-12 | $7.78M |
| 2025-11 | $3.38M |
PITEX Debt Constituents
Largest debt holdings of Tax-Exempt Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Massachusetts Development Finance Agency | 2.49% |
| Permanent University Fund - University of Texas System | 2.11% |
| City of Atlanta GA Airport Passenger Facility Charge | 2.00% |
| Tobacco Settlement Financing Corp | 1.71% |
| California Public Finance Authority | 1.49% |
| Permanent University Fund - University of Texas System | 1.44% |
| State of Illinois | 1.43% |
| Kentucky Turnpike Authority | 1.42% |
| California Housing Finance Agency | 1.34% |
| Los Angeles Department of Water & Power Water System Revenue | 1.34% |
PITEX Prospectus and SEC Filings
Official Tax-Exempt Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.