| Yield | |
|---|---|
| Distribution rate before sales charge as of 02/26/25 |
3.46% |
| Distribution rate after sales charge as of 02/26/25 |
3.38% |
| 30-day SEC yield with subsidy as of 01/31/25 (after sales charge) |
2.93% |
| 30-day SEC yield without subsidy as of 01/31/25 (after sales charge) |
2.82% |
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 12/31/24 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 2.85% | 1.40% | 1.40% | 1.27% |
| Bloomberg 3-year Municipal Index | 2.04% | 0.66% | 1.07% | 1.35% |