| Yield | |
|---|---|
| Distribution rate before sales charge as of 03/21/23 |
2.31% |
| Distribution rate after sales charge as of 03/21/23 |
2.31% |
| 30-day SEC yield with subsidy as of 02/28/23 |
2.79% |
| 30-day SEC yield without subsidy as of 02/28/23 |
2.57% |
Expense ratio |
Class Y |
|---|---|
| Total expense ratio | 0.66% |
| What you pay† | 0.34% |
† 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 03/30/23
| Annualized performance as of 12/31/22 | 1 yr. | 3 yrs. | 5 yrs. | Life (inception: 03/18/13 ) |
|---|---|---|---|---|
| Before sales charge | -2.17% | 0.36% | 1.16% | 0.97% |
| Bloomberg 3-year Municipal Index | -3.39% | -0.04% | 1.05% | -- |
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 205 | |
| 3 yrs. | 205 | |
| 5 yrs. | 184 |