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Putnam Tax-Free High Yield A PTHAX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.45  /  +0.12 %
  • Total Assets 678.9 Mil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment
  • Status Open
  • TTM Yield 3.67%
  • Effective Duration 9.42 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:18 PM GMT+0

Morningstar’s Analysis PTHAX

Will PTHAX outperform in future?

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

Putnam Tax-Free High Yield A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 second-highest quintile among peers.

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Portfolio Holdings PTHAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 10.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

4.72 31.9 Mil
Cash and Equivalents

PORT PORTLAND ORE ARPT REV 4%

2.20 14.9 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 3.05%

1.41 9.5 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

1.37 9.3 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.35 9.1 Mil
municipal

ALASKA INDL DEV & EXPT AUTH REV 4%

1.25 8.5 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5.25%

1.22 8.2 Mil
municipal

ILLINOIS ST 5%

1.13 7.7 Mil
municipal

CHICAGO ILL 4%

1.12 7.5 Mil
municipal

ORANGE CNTY FLA HEALTH FACS AUTH REV 4%

1.11 7.5 Mil
municipal