PTAEX : Putnam Tax Exempt Income Fund Class A

PTAEX is a Bond Market Municipal Bond with HIGH fees.

PTAEX

Putnam Tax Exempt Income Fund Class A

FI Score

49 /100

Expense Ratio Rating

5 /10

Expense Rating

2 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

49% FI Score
  • ptaex
  • Mutual Fund
  • Bond
  • Municipal Bond

Putnam Tax Exempt Income Fund Class A

Expenses: 0.78% (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 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 (but that may be subject to federal alternative minimum tax (AMT)), which are investment-grade in quality, and have intermediate- to long-term maturities (i.e., three years or longer). It invests at least 80% of its net assets in tax-exempt investments, which for purposes of this policy exclude investments paying interest subject to the federal AMT for individuals.

Largest Holdings

Amount Holding
1.39% HENRICO CNTY VA INDL DEV AUTH REV 5.93%
1.30% NORTH TEX TWY AUTH REV 6.5%
1.26% MIAMI-DADE CNTY FLA AVIATION REV 5%
1.19% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
1.18% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.04%
1.17% DALLAS TEX AREA RAPID TRAN SALES TAX REV 5%
1.17% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
1.15% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 0.15%
1.14% SAN BERNARDINO CNTY CALIF PENSION OBLIG REV 0.6%
1.04% GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5%
1.03% NEW YORK N Y 4%
1.00% METROPOLITAN TRANSN AUTH N Y REV 4%
1.00% CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5%
0.92% CALIFORNIA ST 0.03%
0.90% E 470 PUB HWY AUTH COLO REV 0%
0.90% WHITING IND ENVIRONMENTAL FACS REV 5%
0.90% ILLINOIS FIN AUTH REV 0.75%
0.89% FEDERAL HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS RELATING TO MUN SECS 2.5
0.88% DETROIT MICH DOWNTOWN DEV AUTH TAX INCREMENT REV 5%
0.87% NEW JERSEY ST TRANSN TR FD AUTH 0%
0.83% IDAHO HSG & FIN ASSN 4%
0.78% HOUSTON TEX UTIL SYS REV 5%
0.77% ALASKA INDL DEV & EXPT AUTH REV 4%
0.77% MAIN STR NAT GAS INC GA GAS SUPPLY REV 1%
0.76% KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5%

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