See what your fund actually adds
Principal Tax-Exempt Bond Fund Class A PTEAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | PTEAX | Replication |
|---|---|---|
| Annualized growth | -0.8% | -0.1% |
| Annualized volatility | 5.3% | 4.9% |
| Sharpe ratio | -0.12 | 0.01 |
| Maximum drawdown | 15.9% | 11.8% |
| Replication fit (R²) | 0.96 · Tracking error 1.0% | |
Replication portfolio
The published portfolio below is the investable basket used to model PTEAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 97.8% |
| VCLT | FI · Long Corp | 2.2% |