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 MA Tax Exempt Income A PXMAX
- NAV / 1-Day Return 9.07 / +0.13 %
- Total Assets 254.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.820%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni Massachusetts
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment —
- Status Open
- TTM Yield 2.74%
- Effective Duration 7.74 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PXMAX
Will PXMAX 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 18.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MASSACHUSETTS ST DEV FIN AGY REV 5.75% | 2.42 | 6.1 Mil | municipal |
MASSACHUSETTS ST HSG FIN AGY 3.3% | 2.32 | 5.8 Mil | municipal |
MASSACHUSETTS ST 5% | 2.14 | 5.4 Mil | municipal |
MASSACHUSETTS ST 5% | 2.05 | 5.2 Mil | municipal |
MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5% | 1.82 | 4.6 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 4% | 1.79 | 4.5 Mil | municipal |
MASSACHUSETTS DEPT TRANSN MET HWY SYS REV 5% | 1.72 | 4.3 Mil | municipal |
MASSACHUSETTS ST TRANSN FD REV 5% | 1.65 | 4.1 Mil | municipal |
NORTH READING MASS 5% | 1.49 | 3.8 Mil | municipal |
Net Cash | 1.49 | 3.8 Mil | Cash and Equivalents |