Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Putnam NY Tax Exempt Income A PTEIX
- NAV / 1-Day Return 7.87 / +0.03 %
- Total Assets 772.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.870%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni New York Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment —
- Status Open
- TTM Yield 3.00%
- Effective Duration 8.85 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0
Morningstar’s Analysis PTEIX
Will PTEIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NEW YORK LIBERTY DEV CORP LIBERTY REV 3% | 3.11 | 24.4 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 2.03 | 16.0 Mil | municipal |
TSASC INC N Y 5% | 2.01 | 15.8 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 1.89 | 14.9 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5% | 1.88 | 14.8 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5% | 1.45 | 11.4 Mil | municipal |
NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5% | 1.41 | 11.1 Mil | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | 1.40 | 11.0 Mil | municipal |
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4% | 1.38 | 10.8 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y REV 5% | 1.34 | 10.5 Mil | municipal |