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Putnam CA Tax Exempt Income C PCTCX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.43  /  +0.15 %
  • Total Assets 787.8 Mil
  • Adj. Expense Ratio
    1.640%
  • Expense Ratio 1.640%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment
  • Status Open
  • TTM Yield 2.30%
  • Effective Duration 9.20 years

USD | NAV as of Mar 01, 2024 | 1-Day Return as of Mar 01, 2024, 11:16 PM GMT+0

Morningstar’s Analysis PCTCX

Will PCTCX outperform in future?

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

Putnam CA Tax Exempt Income C boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Negative.

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 most expensive quintile among peers.

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Portfolio Holdings PCTCX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

3.59 28.5 Mil
Cash and Equivalents

UNIV CALIF REGTS MED CTR POOLED REV 5%

1.99 15.8 Mil
municipal

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

1.79 14.3 Mil
municipal

NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4%

1.64 13.0 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

1.46 11.6 Mil
municipal

TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5%

1.44 11.5 Mil
municipal

UNIVERSITY CALIF REVS 5%

1.22 9.7 Mil
municipal

LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5%

1.18 9.4 Mil
municipal

SAN DIEGO CALIF PUB FACS FING AUTH LEASE REV 5.25%

1.15 9.1 Mil
municipal

MORENO VALLEY CALIF UNI SCH DIST 5.25%

1.11 8.9 Mil
municipal