Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Putnam Strategic Intermediate Muncpl A PPNAX
- NAV / 1-Day Return 13.92 / +0.01 %
- Total Assets 1.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 2.76%
- Effective Duration 5.76 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0
Morningstar’s Analysis PPNAX
Will PPNAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
DE KALB CNTY GA HSG AUTH MULTIFAMILY HSG REV 4% | 1.23 | 17.1 Mil | municipal |
PENNSYLVANIA ECONOMIC DEV FING AUTH REV 5% | 1.23 | 17.1 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH MULTIFAMILY HSG REV 4.5% | 1.11 | 15.4 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 3.8% | 1.01 | 14.0 Mil | municipal |
ATLANTA GA WTR & WASTEWTR REV 5% | 1.00 | 13.9 Mil | municipal |
TENNERGY CORP TENN GAS REV 4% | 0.95 | 13.2 Mil | municipal |
ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% | 0.94 | 13.1 Mil | municipal |
NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.4% | 0.91 | 12.6 Mil | municipal |
WHITING IND ENVIRONMENTAL FACS REV 5% | 0.89 | 12.3 Mil | municipal |
SINTON TEX INDPT SCH DIST 5% | 0.83 | 11.6 Mil | municipal |