| Yield | |
|---|---|
| Distribution rate before sales charge as of 12/08/23 |
2.68% |
| Distribution rate after sales charge as of 12/08/23 |
2.68% |
| 30-day SEC yield with subsidy as of 11/30/23 |
3.33% |
| 30-day SEC yield without subsidy as of 11/30/23 |
2.83% |
Expense ratio |
Class Y |
|---|---|
| Total expense ratio | 1.23% |
| What you pay† | 0.65% |
† 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 | 2.82% | -1.26% | 1.42% | 1.88% |
| Bloomberg 7-year Municipal Index | 2.23% | -1.96% | 1.27% | 1.94% |
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 258 | |
| 3 yrs. | 258 | |
| 5 yrs. | 235 | |
| 10 yrs. | 176 |