For informational purposes only. Not an investment recommendation.
Information posted on this site is presented by Putnam Retail Management. LinkedIn, Twitter, and YouTube are owned by third parties unaffiliated with Putnam Retail Management (Putnam Investments). By following others on LinkedIn, Twitter, and YouTube, Putnam Investments makes or implies no endorsement. By clicking on links to third-party sites, you will leave this Putnam Retail Management property. Putnam Investments is not responsible for the content or services offered on linked websites. Use linked websites at your own risk. Carefully review the site's terms of service and privacy rules as they apply to you. Opinions or recommendations on any linked websites are those of independent providers and do not imply a recommendation from Putnam Investments, which is not responsible for inaccuracies or errors.
Individuals are affiliated with Putnam Retail Management or a Putnam advisor (The Putnam Advisory Company, LLC/Putnam Investment Management, LLC), and the views and opinions expressed are their own. The views and opinions expressed by Putnam and its employees are subject to change with market conditions and are not meant as investment advice.
All funds involve risk, and you can lose money. See the prospectus for details. Economic and performance data is historical and not indicative of future results.
Bond investments are subject to interest-rate risk, which means the prices of the fund's bond investments are likely to fall if interest rates rise. Bond investments also are subject to credit risk, which is the risk that the issuer of the bond may default on payment of interest or principal. Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds, which may be considered speculative. Unlike bonds, funds that invest in bonds have ongoing fees and expenses.
While all bonds have risks, municipal bonds may have a higher level of credit risk as compared with government bonds and certificates of deposit.
Capital gains, if any, are taxable for federal and, in most cases, state purposes. For some investors, investment income may be subject to the federal alternative minimum tax. Income from federally tax-exempt funds may be subject to state and local taxes.
Diversification does not assure a profit or protect against loss. It is possible to lose money in a diversified portfolio.
Putnam 529 for America is sponsored by the State of Nevada, acting through the Trustees of the College Savings Plans of Nevada and the Nevada College Savings Trust Fund. Anyone may invest in the plan and use the proceeds to attend school in any state. Before investing, consider whether your state's plan or that of your beneficiary offers state tax and other benefits not available through Putnam 529 for America. If you withdraw money for something other than qualified higher education expenses, you will owe federal income tax and may face a 10% federal tax penalty on earnings. Consult your tax advisor.
Instagram is owned by a third party unaffiliated with Putnam Retail Management (Putnam Investments). By following others on Instagram, Putnam Investments makes or implies no endorsement. Carefully review the site's terms of service and privacy rules as they apply to you.