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Putnam MA Tax Exempt Income B PMABX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.04  /  +0.13 %
  • Total Assets 253.4 Mil
  • Adj. Expense Ratio
    1.420%
  • Expense Ratio 1.420%
  • Distribution Fee Level Low
  • Share Class Type
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment
  • Status Closed
  • TTM Yield 2.05%
  • Effective Duration 7.97 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:18 PM GMT+0

Morningstar’s Analysis PMABX

Will PMABX outperform in future?

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

Putnam MA Tax Exempt Income B's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of 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 PMABX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 18.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST DEV FIN AGY REV 5.75%

2.52 6.3 Mil
municipal

Net Cash

2.39 6.0 Mil
Cash and Equivalents

MASSACHUSETTS ST HSG FIN AGY 3.3%

2.25 5.6 Mil
municipal

MASSACHUSETTS ST 5%

2.11 5.3 Mil
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5%

2.08 5.2 Mil
municipal

BRISTOL-PLYMOUTH MASS REG VOTECH SCH DIST 5%

2.01 5.0 Mil
Cash and Equivalents

MASSACHUSETTS ST DEV FIN AGY REV 4%

1.82 4.5 Mil
municipal

MASSACHUSETTS DEPT TRANSN MET HWY SYS REV 5%

1.76 4.4 Mil
municipal

MASSACHUSETTS ST TRANSN FD REV 5%

1.70 4.2 Mil
municipal

NORTH READING MASS 5%

1.51 3.8 Mil
municipal