Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Putnam Tax-Free High Yield B PTHYX
- NAV / 1-Day Return 11.40 / +0.10 %
- Total Assets 669.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.620%
- Distribution Fee Level High
- Share Class Type —
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Closed
- TTM Yield 3.05%
- Effective Duration 9.31 years
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 10:27 PM GMT+0
Morningstar’s Analysis PTHYX
Will PTHYX 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
|
---|---|---|---|
PORT PORTLAND ORE ARPT REV 4% | 2.15 | 14.7 Mil | municipal |
Net Cash | 1.47 | 10.0 Mil | Cash and Equivalents |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 2.85% | 1.39 | 9.5 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 1.38 | 9.4 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.34 | 9.1 Mil | municipal |
ALASKA INDL DEV & EXPT AUTH REV 4% | 1.23 | 8.4 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5.25% | 1.19 | 8.1 Mil | municipal |
ILLINOIS ST 5% | 1.12 | 7.6 Mil | municipal |
CHICAGO ILL 4% | 1.11 | 7.6 Mil | municipal |
ORANGE CNTY FLA HEALTH FACS AUTH REV 4% | 1.08 | 7.4 Mil | municipal |