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Putnam Tax Exempt Income A PTAEX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.83  /  +0.03 %
  • Total Assets 624.6 Mil
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.940%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment
  • Status Open
  • TTM Yield 2.84%
  • Effective Duration 8.58 years

USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0

Morningstar’s Analysis PTAEX

Will PTAEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Strength in Putnam Tax Exempt Income A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings PTAEX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 11.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

2.81 17.6 Mil
Cash and Equivalents

NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5%

1.79 11.2 Mil
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 3.05%

1.75 11.0 Mil
municipal

FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 3.98%

1.59 10.0 Mil
municipal

NORTH TEX TWY AUTH REV 6.5%

1.59 9.9 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 4%

1.53 9.6 Mil
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 4%

1.30 8.1 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4%

1.23 7.7 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.21 7.6 Mil
municipal

UTAH CNTY UTAH HOSP REV 5%

1.17 7.4 Mil
municipal