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Putnam MN Tax Exempt Income B PMTBX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.78  /  +0.13 %
  • Total Assets 185.3 Mil
  • Adj. Expense Ratio
    1.500%
  • Expense Ratio 1.500%
  • Distribution Fee Level Above Average
  • Share Class Type
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment
  • Status Closed
  • TTM Yield 1.93%
  • Effective Duration 7.11 years

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

Morningstar’s Analysis PMTBX

Will PMTBX outperform in future?

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

Putnam MN Tax Exempt Income B's Average People Pillar and Process 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 second-highest quintile among peers.

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Portfolio Holdings PMTBX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ROCHESTER MINN HEALTH CARE FACS REV 3.9%

3.49 6.5 Mil
municipal

MINNESOTA ST HIGHER ED FACS AUTH REV 4%

2.74 5.1 Mil
municipal

MINNEAPOLIS MINN HEALTH CARE SYS REV 4%

2.43 4.5 Mil
municipal

MINNESOTA ST CTFS PARTN 5%

2.18 4.1 Mil
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4%

2.16 4.0 Mil
municipal

WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 5%

1.96 3.6 Mil
municipal

MINNESOTA ST CTFS PARTN 5%

1.86 3.5 Mil
municipal

ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11 3%

1.82 3.4 Mil
municipal

HENNEPIN CNTY MINN 5%

1.82 3.4 Mil
municipal

HENNEPIN CNTY MINN REGL RR AUTH 5%

1.78 3.3 Mil
municipal