PCTBX : Putnam California Tax Exempt Income Fund Class B

PCTBX is a Bond Market Municipal Bond with HIGH fees.

PCTBX

Putnam California Tax Exempt Income Fund Class B

FI Score

39 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

39% FI Score
  • pctbx
  • Mutual Fund
  • Bond
  • Municipal Bond

Putnam California Tax Exempt Income Fund Class B

Expenses: 1.36% (Better than 0% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks as high a level of current income exempt from federal income tax and California personal income tax as the adviser believes to be consistent with preservation of capital. The fund invests mainly in bonds that pay interest that is exempt from federal income tax and California personal income tax (but that may be subject to federal alternative minimum tax), are investment-grade in quality, and have intermediate- to long-term maturities (i.e., three years or longer). The adviser may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments.

Largest Holdings

Amount Holding
2.40% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%
1.73% CALIFORNIA ST UNIV REV 5%
1.65% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%
1.46% LOS ANGELES CALIF DEPT WTR & PWR REV 5%
1.42% CORONADO CALIF CMNTY DEV AGY SUCCESSOR AGY TAX ALLOCATION 5%
1.31% CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%
1.29% TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5%
1.14% CALIFORNIA HEALTH FACS FING AUTH REV 5%
1.12% CALIFORNIA ST 0.01%
1.08% CALIFORNIA ST UNIV REV 5%
1.04% CALIFORNIA HEALTH FACS FING AUTH REV 4%
1.01% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0%
1.01% UNIV CALIF REGTS MED CTR POOLED REV 5%
0.98% UNIVERSITY CALIF REVS 5.25%
0.97% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%
0.96% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 4%
0.96% CALIFORNIA PUB FIN AUTH REV 4%
0.95% NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4%
0.93% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 4%
0.89% SAN BERNARDINO CNTY CALIF PENSION OBLIG REV 0.6%
0.89% CHINO VY UNI SCH DIST CALIF 5%
0.88% OAKLAND CALIF UNI SCH DIST ALAMEDA CNTY 5%
0.88% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 0.12%
0.86% FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 6%
0.85% POWAY CALIF UNI SCH DIST 0%

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