| Yield | |
|---|---|
| Distribution rate before sales charge as of 09/09/24 |
3.09% |
| Distribution rate after sales charge as of 09/09/24 |
3.09% |
| 30-day SEC yield with subsidy as of 08/31/24 |
3.02% |
| 30-day SEC yield without subsidy as of 08/31/24 |
2.57% |
Expense ratio |
Class Y |
|---|---|
| Total expense ratio | 1.08% |
| 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 03/30/25
| Annualized performance as of 06/30/24 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 3.41% | -0.23% | 1.58% | 2.14% |
| Bloomberg 7-year Municipal Index | 2.06% | -0.81% | 0.93% | 2.00% |
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 265 | |
| 3 yrs. | 265 | |
| 5 yrs. | 244 | |
| 10 yrs. | 179 |