| Yield | |
|---|---|
| Distribution rate before sales charge as of 10/22/24 |
2.93% |
| Distribution rate after sales charge as of 10/22/24 |
2.93% |
| 30-day SEC yield with subsidy as of 09/30/24 |
2.96% |
| 30-day SEC yield without subsidy as of 09/30/24 |
2.43% |
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 09/30/24 | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 9.46% | 0.71% | 1.81% | 2.31% |
| Bloomberg 7-year Municipal Index | 8.42% | 0.25% | 1.37% | 2.22% |
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 265 | |
| 3 yrs. | 265 | |
| 5 yrs. | 244 | |
| 10 yrs. | 180 |