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Morningstar

Putnam PA Tax Exempt Income Y PPTYX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 8.40  /  0.85 %
  • Total Assets 105.8 Mil
  • Adj. Expense Ratio
    0.620%
  • Expense Ratio 0.620%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Pennsylvania
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.26%
  • Effective Duration 8.75 years

USD | NAV as of Nov 29, 2023 | 1-Day Return as of Nov 29, 2023, 11:21 PM GMT+0

Morningstar’s Analysis PPTYX

Will PPTYX outperform in future?

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

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PPTYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PPTYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PPTYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Putnam PA Tax Exempt Income Y's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PPTYX

More PPTYX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 112
  • Other Holdings 1
  • % Assets in Top 10 Holdings 19.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

3.16
3,209,448
Cash and Equivalents

PENNSYLVANIA ST TPK COMMN TPK REV 5%

2.42
2,458,263
municipal

PHILADELPHIA PA GAS WKS REV 5%

2.33
2,370,014
municipal

PENNSYLVANIA ST UNIV 5%

2.20
2,231,851
municipal

GEISINGER AUTH PA HEALTH SYS REV 5%

2.09
2,125,707
municipal

WILKES-BARRE PA AREA SCH DIST 5%

1.88
1,913,246
municipal

SOUTHEASTERN PA TRANSN AUTH REV 5.25%

1.76
1,791,839
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 5%

1.74
1,766,009
municipal

SCRANTON PA SCH DIST 4%

1.69
1,715,404
municipal

PHILADELPHIA PA SCH DIST 5%

1.59
1,618,005
municipal