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.
Putnam Tax-Free High Yield A PTHAX
- NAV / 1-Day Return 11.73 / +0.12 %
- Total Assets 687.2 Mil
-
Adj. Expense Ratio
- 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 3.64%
- Effective Duration 9.31 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 11:48 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Net Cash | 2.71 | 18.6 Mil | Cash and Equivalents |
PORT PORTLAND ORE ARPT REV 4% | 2.14 | 14.7 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 1.36 | 9.3 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.29 | 8.9 Mil | municipal |
ALASKA INDL DEV & EXPT AUTH REV 4% | 1.21 | 8.3 Mil | municipal |
ILLINOIS ST 5% | 1.09 | 7.5 Mil | municipal |
CHICAGO ILL 4% | 1.08 | 7.4 Mil | municipal |
ORANGE CNTY FLA HEALTH FACS AUTH REV 4% | 1.08 | 7.4 Mil | municipal |
CLIFTON TEX HIGHER ED FIN CORP ED REV 6.125% | 0.89 | 6.1 Mil | municipal |
MARYLAND ST ECONOMIC DEV CORP STUDENT HSG REV 6% | 0.81 | 5.5 Mil | municipal |