Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Putnam Tax-Free High Yield C PTCCX
- NAV / 1-Day Return 11.57 / +0.09 %
- Total Assets 680.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.770%
- Distribution Fee Level High
- Share Class Type Level Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 2.93%
- Effective Duration 9.42 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis PTCCX
Will PTCCX 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 10.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Net Cash | 4.39 | 29.9 Mil | Cash and Equivalents |
PORT PORTLAND ORE ARPT REV 4% | 2.17 | 14.8 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 2.4% | 1.40 | 9.5 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 1.39 | 9.4 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.35 | 9.2 Mil | municipal |
ALASKA INDL DEV & EXPT AUTH REV 4% | 1.23 | 8.4 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5.25% | 1.20 | 8.2 Mil | municipal |
ILLINOIS ST 5% | 1.13 | 7.7 Mil | municipal |
CHICAGO ILL 4% | 1.11 | 7.6 Mil | municipal |
ORANGE CNTY FLA HEALTH FACS AUTH REV 4% | 1.09 | 7.4 Mil | municipal |