| Yield | |
|---|---|
| Distribution rate before sales charge as of 09/26/23 |
2.86% |
| Distribution rate after sales charge as of 09/26/23 |
2.86% |
| 30-day SEC yield with subsidy as of 08/31/23 |
3.06% |
| 30-day SEC yield without subsidy as of 08/31/23 |
2.65% |
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 06/30/23 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 3.23% | 0.13% | 2.00% | 2.28% |
| Bloomberg 7-year Municipal Index | 2.43% | -0.52% | 1.84% | 2.32% |