| Yield | |
|---|---|
| Distribution rate before sales charge as of 10/14/24 |
3.08% |
| Distribution rate after sales charge as of 10/14/24 |
3.01% |
| 30-day SEC yield with subsidy as of 09/30/24 (after sales charge) |
2.72% |
| 30-day SEC yield without subsidy as of 09/30/24 (after sales charge) |
2.63% |
Expense ratio |
Class A |
|---|---|
| Total expense ratio | 0.82% |
| What you pay† | 0.62% |
† The fund's expense ratio is taken from the most recent prospectus and is subject to change. What you pay reflects Putnam Management's decision to contractually limit expenses through 03/30/25
| Annualized performance as of 09/30/24 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 5.88% | 1.46% | 1.52% | 1.28% |
| Bloomberg 3-year Municipal Index | 6.17% | 0.77% | 1.33% | 1.38% |