| Yield | |
|---|---|
| Distribution rate before sales charge as of 09/22/23 |
3.09% |
| Distribution rate after sales charge as of 09/22/23 |
3.02% |
| 30-day SEC yield with subsidy as of 08/31/23 (after sales charge) |
3.11% |
| 30-day SEC yield without subsidy as of 08/31/23 (after sales charge) |
2.94% |
Expense ratio |
Class A |
|---|---|
| Total expense ratio | 0.90% |
| What you pay† | 0.60% |
† 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 03/30/24
| Annualized performance as of 06/30/23 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 1.89% | 0.29% | 1.06% | 0.85% |
| Bloomberg 3-year Municipal Index | 0.96% | -0.37% | 1.08% | 1.16% |