PNC Pennsylvania Intermediate Municipal Fund Class I (PIBIX)

10.48
Net Asset Value
+0.10%
1 Day
-0.57%
Year-to-Date
Overall Morningstar Rating
Muni pennsylvania
Style or Category
No Load
Sales Expenses
0.61%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income exempt from regular federal income tax and, to the extent possible, from Pennsylvania personal income tax, as is consistent with conservation of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in debt securities (bonds) issued by or on behalf of the Commonwealth of Pennsylvania, its political subdivisions and its agencies and instrumentalities that generate income exempt from federal and Pennsylvania personal income taxes, but may be treated as a preference item for individuals for purposes of the federal alternative minimum tax. It is non-diversified.

Performance

1 month-0.55% 3 years+4.47%
3 months+0.24% 5 years+4.66%
1 year+2.15% Since inception+4.62%
Data through --

Peer Comparisonvs. Muni pennsylvania

 PIBIXCategory
Performance 5-yr return+4.66%+5.36%
Expense ratio0.61%1.06%
Risk 5 year sharpe ratio1.180.95
Net assets$26.8M$509.6M
Average market cap----
Average P/E----
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyPNC Funds
Fund manager & tenureAdam Mackey / 3 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Pennsylvania St Go Bds 5%6.88%
-- Allegheny Cnty Pa Hosp Dev Aut Rev Bd 5%6.19%
-- Bucks Cnty Pa Go Bds 5.125%5.75%
-- Pennsylvania St Higher Edl Fac Rev 5.25%5.66%
-- Allegheny Cnty Pa Higher Ed Bl Rev Bd 5%4.95%
-- Pennsylvania Intergovernmental Spl Ta 5%4.76%
-- Pennsylvania St Tpk Commn Regi Rev 5.25%4.62%
-- Pittsburgh Pa Sch Dist 5%4.56%
-- Univ Pittsburgh Of The Comwlth Rev Bd 5%4.56%
-- Dauphin Cnty Pa Go Bds 5%4.48%

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