Skip to Content
Morningstar

Putnam Tax Exempt Income Y PTEYX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.75  /  +0.01 %
  • Total Assets 614.7 Mil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.34%
  • Effective Duration 8.58 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis PTEYX

Will PTEYX 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 PTEYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PTEYX 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 PTEYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Putnam Tax Exempt Income Y's People Pillar is partially offset by an Average Process Pillar rating, leading to 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PTEYX

More PTEYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

1.96 12.2 Mil
Cash and Equivalents

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

1.78 11.1 Mil
municipal

FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 4.42%

1.60 10.0 Mil
municipal

NORTH TEX TWY AUTH REV 6.5%

1.58 9.9 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 4%

1.54 9.6 Mil
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 4%

1.29 8.1 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4%

1.24 7.7 Mil
municipal

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

1.21 7.5 Mil
municipal

UTAH CNTY UTAH HOSP REV 5%

1.18 7.3 Mil
municipal

HENRICO CNTY VA INDL DEV AUTH REV 5.929%

1.12 7.0 Mil
municipal