Tax center: Fund tax data


The following data is for use with your tax forms. If you do not see the data you are looking for in this list, please contact Putnam and a representative can help you obtain the information you need.

Dividend information

  • 2013 Qualified dividend percentage
    • Qualified dividends are dividends received after December 31, 2003, that may be eligible for a lower, 15% maximum tax rate. Shareholders are eligible to treat all or a portion of their dividend income as qualified if they own an investment for at least 61 days during the 121-day period surrounding the ex-dividend date. This form shows, for each fund, the percentage of dividends that are qualified.
    • Download: XLS | PDF
  • 2013 Qualified foreign dividend percentage
    • Ordinary dividends on stocks of non-U.S. companies qualify to be taxed at a lower 15% maximum tax rate if the stock is traded on a U.S. exchange, the corporation is headquartered in a country where the United States has a tax treaty, or the corporation is incorporated in a U.S. possession. Shareholders are eligible to treat all or a portion of their dividend income as qualified if they own an investment for at least 61 days during the 121-day period surrounding the ex-dividend date. This form shows, for each fund, the percentage of dividends that are qualified.

      Download: XLS | PDF

Foreign income

  • 2013 Source of foreign income
    • Mutual funds that invest in foreign stocks pay taxes to the appropriate country on dividends generated by those investments. If the fund had more than 50% of its assets in foreign securities, shareholders are eligible to reduce their U.S. taxes through a direct credit against taxes due, or as an itemized deduction, by their share of the foreign taxes paid. The shareholder's portion of this foreign tax is reported on Form 1099-DIV. This form shows, for each fund, the amount of taxes paid by country in cases where a shareholder may need to provide this information on a tax return.

      Download: XLS | PDF

Government securities

  • 2013 Treasury income percentage
    • Putnam funds may invest a portion of their assets in U.S. Treasury securities. Since interest income from U.S. Treasury obligations is often exempt from state and local taxation, this could translate into a state tax break for shareholders. This form shows the percentage of each fund's distributions that was derived from Treasury income.

      Download: XLS | PDF

Tax-exempt state-specific

  • 2013 Alternative minimum tax (AMT) percentage
    • The AMT percentage represents the portion of a fund's income that was earned from "private activity" bonds, income that should be taken into account by shareholders when they calculate their AMT. The AMT is a minimum federal income tax aimed at ensuring that high-income individuals pay a certain level of tax, even if standard calculations would set their tax lower. This form shows, for each fund, the percentage of income distributions subject to AMT.

      Download: XLS | PDF
  • 2013 Source of income earned — by state percentage
    • A tax-exempt fund is exempt from federal tax, but not necessarily from state tax. For each tax-exempt fund, Putnam calculates the income percentages by state to help shareholders determine whether any or all of the income is exempt from their state taxes. This form shows these percentages.

      In addition to reporting the percentage of income for your state, shareholders should also provide the percentage figures for each U.S. territory (Guam, Puerto Rico, and the Virgin Islands). Income from bonds issued by the U.S. territories is generally exempt from state taxes.

      Download: XLS | PDF
  • 2013 Source of income earned for Indiana residents
    • In 2012, the state of Indiana began requiring Indiana residents to pay state income tax on the interest earned from the bonds of non-Indiana-based municipalities. This tax applies to non-Indiana bonds purchased after December 31, 2011. This form shows, for each tax-exempt fund, the percentage of income that is taxable and non-taxable for Indiana residents.

      Download: XLS | PDF
  • 2013 Source of income earned for Minnesota residents
    • Minnesota requires an addback of the full federal tax exempt-interest dividend excluded from federal income if less than 95% of the federal tax-exempt dividend is derived from Minnesota-source obligations. None of Putnam's tax-exempt funds, with the exception of the Minnesota Tax-Exempt Income Fund, met this requirement in 2013.

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  • 2013 Source of income earned for Utah residents
    • In the state of Utah, interest earned from bonds purchased as part of a Putnam fund before January 1, 2003, are not taxable, but interest earned from bonds purchased as part of a Putnam fund on or after that date are taxable, with the exception of certain states.* This form shows, for each tax-exempt fund, the percentage of income that is taxable and non-taxable.

      *Alaska, District of Columbia (bonds purchased on or before December 31, 2012), Florida, Indiana (bonds purchased on or before December 31, 2011), Nevada, North Dakota, South Dakota, Texas, Washington, and Wyoming.

      Download: XLS | PDF