Putnam Tax Free Income Trust - Putnam Tax Free High Yield Fund USD Cls Y
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$11.42
$737 M
3.98%
$0.45
-
Vitals
YTD Return
0.9%
1 yr return
5.4%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
1.5%
Net Assets
$737 M
Holdings in Top 10
12.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$11.42
$737 M
3.98%
$0.45
-
PTFYX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.32%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam Tax Free Income Trust - Putnam Tax Free High Yield Fund USD Cls Y
-
Fund Family NamePutnam
-
Inception DateJan 16, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Drury
PTFYX - Performance
Return Ranking - Trailing
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -4.3% | 3.3% | 16.91% |
1 Yr | 5.4% | -3.6% | 8.6% | 14.49% |
3 Yr | -1.4%* | -10.0% | 1.6% | 33.66% |
5 Yr | 1.5%* | -5.1% | 524.6% | 24.35% |
10 Yr | 3.3%* | -0.1% | 155.5% | 29.92% |
* Annualized
Return Ranking - Calendar
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -1.5% | 7.5% | 14.98% |
2022 | -15.7% | -26.9% | -3.5% | 27.94% |
2021 | 0.5% | -1.9% | 5.6% | 87.06% |
2020 | 0.9% | -10.1% | 4.2% | 35.68% |
2019 | 4.6% | 2.0% | 9.1% | 69.95% |
Total Return Ranking - Trailing
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -4.3% | 3.3% | 16.91% |
1 Yr | 5.4% | -3.6% | 8.6% | 14.49% |
3 Yr | -1.4%* | -10.0% | 1.6% | 33.66% |
5 Yr | 1.5%* | -5.1% | 524.6% | 24.35% |
10 Yr | 3.3%* | -0.1% | 155.5% | 29.92% |
* Annualized
Total Return Ranking - Calendar
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | 0.4% | 10.9% | 15.94% |
2022 | -12.6% | -26.9% | -2.9% | 27.94% |
2021 | 3.8% | -1.9% | 10.0% | 80.60% |
2020 | 3.6% | -4.1% | 8.2% | 46.73% |
2019 | 9.4% | 3.5% | 1028633.9% | 29.53% |
NAV & Total Return History
PTFYX - Holdings
Concentration Analysis
PTFYX | Category Low | Category High | PTFYX % Rank | |
---|---|---|---|---|
Net Assets | 737 M | 9.79 K | 16.1 B | 51.69% |
Number of Holdings | 433 | 1 | 3076 | 46.12% |
Net Assets in Top 10 | 77.1 M | -102 M | 3.44 B | 61.65% |
Weighting of Top 10 | 12.45% | 4.7% | 100.7% | 62.44% |
Top 10 Holdings
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
Asset Allocation
Weighting | Return Low | Return High | PTFYX % Rank | |
---|---|---|---|---|
Bonds | 99.02% | 0.00% | 146.69% | 39.71% |
Cash | 0.97% | -0.64% | 100.00% | 53.88% |
Stocks | 0.00% | 0.00% | 99.38% | 49.28% |
Preferred Stocks | 0.00% | -47.61% | 1.89% | 29.61% |
Other | 0.00% | -12.04% | 9.96% | 36.41% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 29.13% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PTFYX % Rank | |
---|---|---|---|---|
Municipal | 98.95% | 0.00% | 100.00% | 40.29% |
Cash & Equivalents | 0.96% | 0.00% | 100.00% | 27.67% |
Government | 0.09% | 0.00% | 0.09% | 0.49% |
Derivative | 0.00% | -12.35% | 1.55% | 31.07% |
Securitized | 0.00% | 0.00% | 22.44% | 32.52% |
Corporate | 0.00% | 0.00% | 2.83% | 64.08% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PTFYX % Rank | |
---|---|---|---|---|
US | 97.04% | 0.00% | 139.84% | 60.68% |
Non US | 1.98% | 0.00% | 13.35% | 9.22% |
PTFYX - Expenses
Operational Fees
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.21% | 3.44% | 75.12% |
Management Fee | 0.46% | 0.00% | 1.41% | 34.45% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 63.16% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 2.00% | 121.00% | 67.19% |
PTFYX - Distributions
Dividend Yield Analysis
PTFYX | Category Low | Category High | PTFYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.98% | 0.00% | 6.74% | 53.59% |
Dividend Distribution Analysis
PTFYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PTFYX | Category Low | Category High | PTFYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.32% | 1.11% | 5.70% | 41.15% |
Capital Gain Distribution Analysis
PTFYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.038 | OrdinaryDividend |
Feb 29, 2024 | $0.038 | DailyAccrualFund |
Jan 31, 2024 | $0.039 | DailyAccrualFund |
Dec 29, 2023 | $0.039 | DailyAccrualFund |
Nov 30, 2023 | $0.038 | DailyAccrualFund |
Oct 31, 2023 | $0.037 | DailyAccrualFund |
Sep 29, 2023 | $0.038 | DailyAccrualFund |
Aug 31, 2023 | $0.037 | DailyAccrualFund |
Jul 31, 2023 | $0.035 | DailyAccrualFund |
Jun 30, 2023 | $0.040 | DailyAccrualFund |
May 31, 2023 | $0.037 | DailyAccrualFund |
Apr 28, 2023 | $0.034 | DailyAccrualFund |
Mar 31, 2023 | $0.039 | DailyAccrualFund |
Feb 28, 2023 | $0.037 | DailyAccrualFund |
Jan 31, 2023 | $0.036 | DailyAccrualFund |
Dec 30, 2022 | $0.039 | DailyAccrualFund |
Nov 30, 2022 | $0.036 | DailyAccrualFund |
Oct 31, 2022 | $0.034 | DailyAccrualFund |
Sep 30, 2022 | $0.036 | DailyAccrualFund |
Aug 31, 2022 | $0.034 | DailyAccrualFund |
Jul 29, 2022 | $0.037 | DailyAccrualFund |
Jun 30, 2022 | $0.036 | DailyAccrualFund |
May 31, 2022 | $0.035 | DailyAccrualFund |
Apr 29, 2022 | $0.035 | DailyAccrualFund |
Mar 31, 2022 | $0.034 | DailyAccrualFund |
Feb 28, 2022 | $0.025 | DailyAccrualFund |
Jan 31, 2022 | $0.032 | DailyAccrualFund |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.033 | DailyAccrualFund |
Oct 29, 2021 | $0.034 | DailyAccrualFund |
Sep 30, 2021 | $0.033 | DailyAccrualFund |
Aug 31, 2021 | $0.033 | DailyAccrualFund |
Jul 30, 2021 | $0.036 | DailyAccrualFund |
Jun 30, 2021 | $0.035 | DailyAccrualFund |
May 28, 2021 | $0.033 | DailyAccrualFund |
Apr 30, 2021 | $0.038 | DailyAccrualFund |
Mar 31, 2021 | $0.037 | DailyAccrualFund |
Feb 26, 2021 | $0.035 | DailyAccrualFund |
Jan 29, 2021 | $0.037 | DailyAccrualFund |
Dec 31, 2020 | $0.007 | DailyAccrualFund |
Nov 30, 2020 | $0.036 | DailyAccrualFund |
Oct 30, 2020 | $0.039 | DailyAccrualFund |
Sep 30, 2020 | $0.036 | DailyAccrualFund |
Aug 31, 2020 | $0.035 | DailyAccrualFund |
Jul 31, 2020 | $0.039 | DailyAccrualFund |
Jun 30, 2020 | $0.035 | DailyAccrualFund |
May 29, 2020 | $0.035 | DailyAccrualFund |
Apr 30, 2020 | $0.038 | DailyAccrualFund |
Mar 31, 2020 | $0.038 | DailyAccrualFund |
Feb 28, 2020 | $0.035 | DailyAccrualFund |
Jan 31, 2020 | $0.039 | DailyAccrualFund |
Nov 29, 2019 | $0.039 | DailyAccrualFund |
Oct 31, 2019 | $0.039 | DailyAccrualFund |
Sep 30, 2019 | $0.036 | DailyAccrualFund |
Aug 30, 2019 | $0.040 | DailyAccrualFund |
Jul 31, 2019 | $0.039 | DailyAccrualFund |
May 31, 2019 | $0.040 | DailyAccrualFund |
Apr 30, 2019 | $0.040 | DailyAccrualFund |
Mar 29, 2019 | $0.039 | DailyAccrualFund |
Feb 28, 2019 | $0.039 | DailyAccrualFund |
Jan 31, 2019 | $0.038 | DailyAccrualFund |
Dec 31, 2018 | $0.037 | DailyAccrualFund |
Nov 30, 2018 | $0.044 | DailyAccrualFund |
Oct 31, 2018 | $0.040 | DailyAccrualFund |
Aug 31, 2018 | $0.043 | DailyAccrualFund |
Jul 31, 2018 | $0.038 | DailyAccrualFund |
Jun 29, 2018 | $0.042 | DailyAccrualFund |
May 31, 2018 | $0.041 | DailyAccrualFund |
Apr 30, 2018 | $0.039 | DailyAccrualFund |
Mar 29, 2018 | $0.042 | DailyAccrualFund |
Feb 28, 2018 | $0.041 | DailyAccrualFund |
Jan 31, 2018 | $0.040 | DailyAccrualFund |
Dec 29, 2017 | $0.028 | ExtraDividend |
Nov 30, 2017 | $0.040 | DailyAccrualFund |
Oct 31, 2017 | $0.039 | DailyAccrualFund |
Sep 29, 2017 | $0.042 | DailyAccrualFund |
Aug 31, 2017 | $0.040 | DailyAccrualFund |
Jul 31, 2017 | $0.038 | DailyAccrualFund |
Jun 30, 2017 | $0.044 | DailyAccrualFund |
May 31, 2017 | $0.041 | DailyAccrualFund |
Apr 28, 2017 | $0.038 | DailyAccrualFund |
Mar 31, 2017 | $0.043 | DailyAccrualFund |
Feb 28, 2017 | $0.043 | DailyAccrualFund |
Jan 31, 2017 | $0.042 | DailyAccrualFund |
Dec 30, 2016 | $0.034 | ExtraDividend |
Nov 30, 2016 | $0.038 | DailyAccrualFund |
Oct 31, 2016 | $0.038 | DailyAccrualFund |
Sep 30, 2016 | $0.044 | DailyAccrualFund |
Aug 31, 2016 | $0.041 | DailyAccrualFund |
Jul 29, 2016 | $0.041 | DailyAccrualFund |
Jun 30, 2016 | $0.042 | DailyAccrualFund |
May 31, 2016 | $0.041 | DailyAccrualFund |
Apr 29, 2016 | $0.045 | DailyAccrualFund |
Mar 31, 2016 | $0.043 | DailyAccrualFund |
Feb 29, 2016 | $0.046 | DailyAccrualFund |
Jan 29, 2016 | $0.041 | DailyAccrualFund |
Dec 31, 2015 | $0.018 | ExtraDividend |
Nov 30, 2015 | $0.045 | DailyAccrualFund |
Oct 30, 2015 | $0.043 | DailyAccrualFund |
Sep 30, 2015 | $0.045 | DailyAccrualFund |
Aug 31, 2015 | $0.045 | DailyAccrualFund |
Jul 31, 2015 | $0.045 | DailyAccrualFund |
Jun 30, 2015 | $0.049 | DailyAccrualFund |
May 29, 2015 | $0.043 | DailyAccrualFund |
Apr 30, 2015 | $0.045 | DailyAccrualFund |
Mar 31, 2015 | $0.047 | DailyAccrualFund |
Feb 27, 2015 | $0.046 | DailyAccrualFund |
Jan 30, 2015 | $0.044 | DailyAccrualFund |
Dec 31, 2014 | $0.024 | ExtraDividend |
Nov 28, 2014 | $0.043 | DailyAccrualFund |
Oct 31, 2014 | $0.045 | DailyAccrualFund |
Sep 30, 2014 | $0.049 | DailyAccrualFund |
Aug 29, 2014 | $0.042 | DailyAccrualFund |
Jul 31, 2014 | $0.045 | DailyAccrualFund |
Jun 30, 2014 | $0.047 | DailyAccrualFund |
May 30, 2014 | $0.045 | DailyAccrualFund |
Apr 30, 2014 | $0.047 | DailyAccrualFund |
Mar 31, 2014 | $0.046 | DailyAccrualFund |
Feb 28, 2014 | $0.047 | DailyAccrualFund |
Jan 31, 2014 | $0.048 | DailyAccrualFund |
Dec 31, 2013 | $0.050 | DailyAccrualFund |
Nov 29, 2013 | $0.047 | DailyAccrualFund |
Oct 31, 2013 | $0.049 | DailyAccrualFund |
Sep 30, 2013 | $0.051 | DailyAccrualFund |
Aug 30, 2013 | $0.047 | DailyAccrualFund |
Jul 31, 2013 | $0.050 | DailyAccrualFund |
Jun 28, 2013 | $0.043 | DailyAccrualFund |
May 31, 2013 | $0.048 | DailyAccrualFund |
Apr 30, 2013 | $0.052 | DailyAccrualFund |
Mar 28, 2013 | $0.042 | DailyAccrualFund |
Feb 28, 2013 | $0.048 | DailyAccrualFund |
Jan 31, 2013 | $0.047 | DailyAccrualFund |
Dec 31, 2012 | $0.048 | DailyAccrualFund |
Nov 30, 2012 | $0.049 | DailyAccrualFund |
Oct 31, 2012 | $0.052 | DailyAccrualFund |
Sep 28, 2012 | $0.043 | DailyAccrualFund |
Aug 31, 2012 | $0.047 | DailyAccrualFund |
Jul 31, 2012 | $0.049 | DailyAccrualFund |
Jun 29, 2012 | $0.047 | DailyAccrualFund |
May 31, 2012 | $0.049 | DailyAccrualFund |
Apr 30, 2012 | $0.051 | DailyAccrualFund |
Mar 30, 2012 | $0.047 | DailyAccrualFund |
Feb 29, 2012 | $0.049 | DailyAccrualFund |
Jan 31, 2012 | $0.050 | DailyAccrualFund |
Dec 30, 2011 | $0.055 | DailyAccrualFund |
Nov 30, 2011 | $0.055 | DailyAccrualFund |
Oct 31, 2011 | $0.055 | DailyAccrualFund |
Sep 30, 2011 | $0.053 | DailyAccrualFund |
Aug 31, 2011 | $0.056 | DailyAccrualFund |
Jul 29, 2011 | $0.049 | DailyAccrualFund |
Jun 30, 2011 | $0.055 | DailyAccrualFund |
May 31, 2011 | $0.058 | DailyAccrualFund |
Apr 29, 2011 | $0.053 | DailyAccrualFund |
Mar 31, 2011 | $0.058 | DailyAccrualFund |
Feb 28, 2011 | $0.052 | DailyAccrualFund |
Jan 31, 2011 | $0.057 | DailyAccrualFund |
Dec 31, 2010 | $0.055 | DailyAccrualFund |
Nov 30, 2010 | $0.056 | DailyAccrualFund |
Oct 29, 2010 | $0.051 | DailyAccrualFund |
Sep 30, 2010 | $0.053 | DailyAccrualFund |
Aug 31, 2010 | $0.057 | DailyAccrualFund |
Jul 30, 2010 | $0.054 | DailyAccrualFund |
Jun 30, 2010 | $0.059 | DailyAccrualFund |
May 28, 2010 | $0.049 | DailyAccrualFund |
Apr 30, 2010 | $0.052 | DailyAccrualFund |
Mar 31, 2010 | $0.060 | DailyAccrualFund |
Feb 26, 2010 | $0.050 | DailyAccrualFund |
Jan 29, 2010 | $0.052 | DailyAccrualFund |
Dec 31, 2009 | $0.056 | DailyAccrualFund |
Nov 30, 2009 | $0.054 | DailyAccrualFund |
Oct 30, 2009 | $0.052 | DailyAccrualFund |
Sep 30, 2009 | $0.053 | DailyAccrualFund |
Aug 31, 2009 | $0.055 | DailyAccrualFund |
Jul 31, 2009 | $0.055 | DailyAccrualFund |
Jun 30, 2009 | $0.057 | DailyAccrualFund |
May 29, 2009 | $0.052 | DailyAccrualFund |
Apr 30, 2009 | $0.054 | DailyAccrualFund |
Mar 31, 2009 | $0.057 | DailyAccrualFund |
Feb 27, 2009 | $0.050 | DailyAccrualFund |
Jan 30, 2009 | $0.053 | DailyAccrualFund |
Dec 31, 2008 | $0.059 | DailyAccrualFund |
Nov 28, 2008 | $0.049 | DailyAccrualFund |
Oct 31, 2008 | $0.056 | DailyAccrualFund |
Sep 30, 2008 | $0.058 | DailyAccrualFund |
Aug 29, 2008 | $0.053 | DailyAccrualFund |
Jul 31, 2008 | $0.056 | DailyAccrualFund |
Jun 30, 2008 | $0.056 | DailyAccrualFund |
May 30, 2008 | $0.053 | DailyAccrualFund |
Apr 30, 2008 | $0.053 | DailyAccrualFund |
Mar 31, 2008 | $0.056 | DailyAccrualFund |
Feb 29, 2008 | $0.053 | DailyAccrualFund |
Jan 31, 2008 | $0.053 | DailyAccrualFund |
PTFYX - Fund Manager Analysis
Managers
Paul Drury
Start Date
Tenure
Tenure Rank
Jun 01, 2002
20.01
20.0%
Paul M. Drury is a Portfolio Manager in the Tax Exempt Fixed Income group. In this role, he is responsible for managing several sectors within the municipal market. He is also a Portfolio Manager of Putnam’s taxexempt funds. Mr. Drury, a CFA charterholder, has been in the investment industry since he joined Putnam in 1989.
Garrett Hamilton
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Mr. Hamilton has been employed by Putnam since 2016 as a Portfolio Manager. Prior to joining Putnam, Mr. Hamilton was a Portfolio Manager at BNY Mellon from 2010 to 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 21.43 | 7.46 | 2.52 |