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 MA Tax Exempt Income B PMABX
- NAV / 1-Day Return 9.03 / +0.01 %
- Total Assets 253.3 Mil
-
Adj. Expense Ratio
- 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 2.07%
- Effective Duration 7.97 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Net Cash | 5.64 | 14.3 Mil | Cash and Equivalents |
MASSACHUSETTS ST DEV FIN AGY REV 5.75% | 2.46 | 6.2 Mil | municipal |
MASSACHUSETTS ST HSG FIN AGY 3.3% | 2.21 | 5.6 Mil | municipal |
MASSACHUSETTS ST 5% | 2.06 | 5.2 Mil | municipal |
MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5% | 2.04 | 5.2 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 4% | 1.80 | 4.6 Mil | municipal |
MASSACHUSETTS DEPT TRANSN MET HWY SYS REV 5% | 1.73 | 4.4 Mil | municipal |
MASSACHUSETTS ST TRANSN FD REV 5% | 1.65 | 4.2 Mil | municipal |
NORTH READING MASS 5% | 1.48 | 3.8 Mil | municipal |
MASSACHUSETTS BAY TRANSN AUTH MASS REV 5% | 1.44 | 3.7 Mil | municipal |