Morningstar

Putnam Strategic Intermediate Municipal Fund Class A PPNAX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks as high a level of current income exempt from federal income tax as is consistent with preservation of capital. The fund invests mainly in bonds that pay interest that is exempt from federal income tax (but that may be subject to federal alternative minimum tax (AMT)). The manager normally maintains an average dollar-weighted maturity between three and ten years. Under normal circumstances, the fund invests at least 80% of its net assets in tax-exempt investments. Investments paying interest subject to the federal AMT for individuals are considered tax-exempt investments for purposes of this policy.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PAMYX	Putnam Strategic Intermediate Municipal Fund Class Y	Institutional	Open			Jan 2, 2008	$1.76B	0.650%	High	$0	$90.04M
PPNAX	Putnam Strategic Intermediate Municipal Fund Class A	Front Load	Open			Sep 20, 1993	$370.13M	0.900%	High	$0	$68.90M
PAMTX	Putnam Strategic Intermediate Municipal Fund Class C	Level Load	Open			Jul 26, 1999	$8.59M	1.650%	High	$0	$277,073.99
PAMLX	Putnam Strategic Intermediate Municipal Fund Class R6	Retirement, Large	Open			May 22, 2018	$64.87M	0.560%	High	$0	$21.19M

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