| Yield | |
|---|---|
| Distribution rate before sales charge as of 09/09/24 |
3.40% |
| Distribution rate after sales charge as of 09/09/24 |
3.40% |
| 30-day SEC yield with subsidy as of 08/31/24 |
3.16% |
| 30-day SEC yield without subsidy as of 08/31/24 |
3.06% |
Expense ratio |
Class Y |
|---|---|
| Total expense ratio | 0.57% |
| What you pay† | 0.37% |
† 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 06/30/24 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 3.71% | 1.02% | 1.46% | 1.35% |
| Bloomberg 3-year Municipal Index | 2.63% | 0.01% | 0.91% | 1.18% |
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 208 | |
| 3 yrs. | 208 | |
| 5 yrs. | 199 | |
| 10 yrs. | 146 |