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Putnam Tax Exempt Income B PTBEX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.82  /  −0.12 %
  • Total Assets 626.6 Mil
  • Adj. Expense Ratio
    1.540%
  • Expense Ratio 1.540%
  • Distribution Fee Level Average
  • Share Class Type
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment
  • Status Closed
  • TTM Yield 2.52%
  • Effective Duration 8.58 years

USD | NAV as of Feb 22, 2024 | 1-Day Return as of Feb 22, 2024, 11:17 PM GMT+0

Morningstar’s Analysis PTBEX

Will PTBEX outperform in future?

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

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

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Portfolio Holdings PTBEX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 3.4%

1.98 12.5 Mil
municipal

Net Cash

1.89 11.9 Mil
Cash and Equivalents

NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5%

1.79 11.3 Mil
municipal

FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 4.25%

1.59 10.0 Mil
municipal

NORTH TEX TWY AUTH REV 6.5%

1.59 10.0 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 4%

1.52 9.6 Mil
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 1.5%

1.43 9.0 Mil
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 4%

1.30 8.2 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4%

1.22 7.7 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.21 7.6 Mil
municipal