| Yield | |
|---|---|
| Distribution rate before sales charge as of 11/27/23 |
3.20% |
| Distribution rate after sales charge as of 11/27/23 |
3.20% |
| 30-day SEC yield with subsidy as of 10/31/23 |
3.67% |
| 30-day SEC yield without subsidy as of 10/31/23 |
3.51% |
Expense ratio |
Class Y |
|---|---|
| Total expense ratio | 0.65% |
| What you pay† | 0.35% |
† 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 09/30/23 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 2.85% | 0.16% | 1.20% | 1.03% |
| Bloomberg 3-year Municipal Index | 1.94% | -0.95% | 0.89% | 0.97% |
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 210 | |
| 3 yrs. | 210 | |
| 5 yrs. | 194 | |
| 10 yrs. | 140 |