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 PA Tax Exempt Income A PTEPX
- NAV / 1-Day Return 8.67 / +0.14 %
- Total Assets 104.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.870%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni Pennsylvania
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment —
- Status Open
- TTM Yield 2.87%
- Effective Duration 7.91 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PTEPX
Will PTEPX 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 19.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PHILADELPHIA PA GAS WKS REV 5% | 2.43 | 2.5 Mil | municipal |
INTERBORO SCH DIST PA DELAWARE CNTY 5.5% | 2.34 | 2.4 Mil | municipal |
PENNSYLVANIA ST UNIV 5% | 2.23 | 2.3 Mil | municipal |
GEISINGER AUTH PA HEALTH SYS REV 5% | 2.11 | 2.2 Mil | municipal |
WILKES-BARRE PA AREA SCH DIST 5% | 1.96 | 2.1 Mil | municipal |
PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 5% | 1.82 | 1.9 Mil | municipal |
SOUTHEASTERN PA TRANSN AUTH REV 5.25% | 1.82 | 1.9 Mil | municipal |
SCRANTON PA SCH DIST 4% | 1.81 | 1.9 Mil | municipal |
ALLEGHENY CNTY PA HOSP DEV AUTH REV 4% | 1.80 | 1.9 Mil | municipal |
PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 0% | 1.61 | 1.7 Mil | municipal |