The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Putnam MA Tax Exempt Income C to a Morningstar Quantitative Rating of Negative. 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.
- NAV / 1-Day Return 9.10 / 0.20 %
- Total Assets 244.4 Mil
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Adj. Expense Ratio
- Expense Ratio 1.540%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Muni Massachusetts
- Credit Quality / Interest Rate Sensitivity Medium / Extensive
- Min. Initial Investment 0
- Status Open
- TTM Yield 1.55%
- Effective Duration 8.29 years
Morningstar’s Analysis PMMCX
Will PMMCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.