Putnam Pennsylvania Tax Exempt Income Fund - Putnam Pennsylvania Tax Exempt Inc Fd USD Cls R6
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PPTRX | Fund
$8.49
$130 M
3.24%
$0.28
0.57%
Vitals
YTD Return
-0.7%
1 yr return
2.6%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
1.0%
Net Assets
$130 M
Holdings in Top 10
18.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PPTRX | Fund
$8.49
$130 M
3.24%
$0.28
0.57%
PPTRX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 1.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.43%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam Pennsylvania Tax Exempt Income Fund - Putnam Pennsylvania Tax Exempt Inc Fd USD Cls R6
-
Fund Family NamePutnam
-
Inception DateMay 21, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Drury
Fund Description
PPTRX - Performance
Return Ranking - Trailing
Period | PPTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -4.9% | 8.8% | 44.44% |
1 Yr | 2.6% | -4.9% | 29.7% | 35.96% |
3 Yr | -1.3%* | -11.4% | 2.5% | 50.80% |
5 Yr | 1.0%* | -6.4% | 1101.3% | 28.86% |
10 Yr | N/A* | -0.5% | 248.1% | 41.27% |
* Annualized
Return Ranking - Calendar
Period | PPTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.0% | -1.4% | 41.0% | 41.76% |
2022 | -12.1% | -39.7% | 0.3% | 57.52% |
2021 | 0.1% | -5.6% | 6.9% | 24.10% |
2020 | 2.8% | -2.6% | 310.0% | 9.71% |
2019 | 4.4% | 0.0% | 26.0% | 28.76% |
Total Return Ranking - Trailing
Period | PPTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -4.9% | 8.8% | 44.44% |
1 Yr | 2.6% | -4.9% | 29.7% | 35.96% |
3 Yr | -1.3%* | -11.4% | 2.5% | 50.80% |
5 Yr | 1.0%* | -6.4% | 1101.3% | 28.86% |
10 Yr | N/A* | -0.5% | 248.1% | 39.53% |
* Annualized
Total Return Ranking - Calendar
Period | PPTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.5% | -1.3% | 41.0% | 28.40% |
2022 | -9.7% | -39.7% | 1.1% | 55.87% |
2021 | 2.5% | -4.8% | 23761504.0% | 25.90% |
2020 | 4.6% | -1.5% | 17057.9% | 24.44% |
2019 | 6.9% | 0.2% | 3514.6% | 37.88% |
NAV & Total Return History
PPTRX - Holdings
Concentration Analysis
PPTRX | Category Low | Category High | PPTRX % Rank | |
---|---|---|---|---|
Net Assets | 130 M | 3.22 M | 71.9 B | 80.88% |
Number of Holdings | 144 | 2 | 13067 | 72.97% |
Net Assets in Top 10 | 23.6 M | -317 M | 3.56 B | 84.08% |
Weighting of Top 10 | 18.08% | 2.0% | 100.2% | 51.24% |
Top 10 Holdings
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
- 5 Year Treasury Note Future Mar 22 5.66%
Asset Allocation
Weighting | Return Low | Return High | PPTRX % Rank | |
---|---|---|---|---|
Bonds | 103.50% | 0.00% | 150.86% | 2.21% |
Stocks | 0.00% | 0.00% | 99.81% | 72.47% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 70.18% |
Other | 0.00% | -3.18% | 23.38% | 69.27% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 70.06% |
Cash | -3.49% | -50.86% | 46.80% | 99.22% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PPTRX % Rank | |
---|---|---|---|---|
Municipal | 99.54% | 44.39% | 100.00% | 29.55% |
Cash & Equivalents | 0.30% | 0.00% | 46.24% | 45.94% |
Government | 0.17% | 0.00% | 52.02% | 4.31% |
Derivative | 0.00% | -3.18% | 23.38% | 68.16% |
Securitized | 0.00% | 0.00% | 5.93% | 70.71% |
Corporate | 0.00% | 0.00% | 9.41% | 75.47% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PPTRX % Rank | |
---|---|---|---|---|
US | 101.70% | 0.00% | 142.23% | 4.09% |
Non US | 1.80% | 0.00% | 23.89% | 6.89% |
PPTRX - Expenses
Operational Fees
PPTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.57% | 0.01% | 20.65% | 71.89% |
Management Fee | 0.42% | 0.00% | 1.20% | 48.90% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
PPTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
PPTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
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.
PPTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.00% | 0.00% | 283.00% | 31.94% |
PPTRX - Distributions
Dividend Yield Analysis
PPTRX | Category Low | Category High | PPTRX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.24% | 0.00% | 14.60% | 30.58% |
Dividend Distribution Analysis
PPTRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PPTRX | Category Low | Category High | PPTRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.43% | -0.53% | 5.33% | 21.96% |
Capital Gain Distribution Analysis
PPTRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.023 | OrdinaryDividend |
Mar 28, 2024 | $0.023 | OrdinaryDividend |
Feb 29, 2024 | $0.023 | DailyAccrualFund |
Jan 31, 2024 | $0.022 | DailyAccrualFund |
Dec 29, 2023 | $0.022 | DailyAccrualFund |
Nov 30, 2023 | $0.022 | DailyAccrualFund |
Oct 31, 2023 | $0.022 | DailyAccrualFund |
Sep 29, 2023 | $0.023 | DailyAccrualFund |
Aug 31, 2023 | $0.022 | DailyAccrualFund |
Jul 31, 2023 | $0.020 | DailyAccrualFund |
Jun 30, 2023 | $0.023 | DailyAccrualFund |
May 31, 2023 | $0.022 | DailyAccrualFund |
Apr 28, 2023 | $0.020 | DailyAccrualFund |
Mar 31, 2023 | $0.023 | DailyAccrualFund |
Feb 28, 2023 | $0.022 | DailyAccrualFund |
Jan 31, 2023 | $0.021 | DailyAccrualFund |
Dec 30, 2022 | $0.021 | DailyAccrualFund |
Nov 30, 2022 | $0.021 | DailyAccrualFund |
Oct 31, 2022 | $0.019 | DailyAccrualFund |
Sep 30, 2022 | $0.021 | DailyAccrualFund |
Aug 31, 2022 | $0.019 | DailyAccrualFund |
Jul 29, 2022 | $0.019 | DailyAccrualFund |
Jun 30, 2022 | $0.019 | DailyAccrualFund |
May 31, 2022 | $0.019 | DailyAccrualFund |
Apr 29, 2022 | $0.019 | DailyAccrualFund |
Mar 31, 2022 | $0.018 | DailyAccrualFund |
Feb 28, 2022 | $0.017 | DailyAccrualFund |
Jan 31, 2022 | $0.018 | DailyAccrualFund |
Dec 31, 2021 | $0.001 | OrdinaryDividend |
Nov 30, 2021 | $0.018 | DailyAccrualFund |
Oct 29, 2021 | $0.018 | DailyAccrualFund |
Sep 30, 2021 | $0.018 | DailyAccrualFund |
Aug 31, 2021 | $0.020 | DailyAccrualFund |
Jul 30, 2021 | $0.019 | DailyAccrualFund |
Jun 30, 2021 | $0.018 | DailyAccrualFund |
May 28, 2021 | $0.017 | DailyAccrualFund |
Apr 30, 2021 | $0.020 | DailyAccrualFund |
Mar 31, 2021 | $0.020 | DailyAccrualFund |
Feb 26, 2021 | $0.018 | DailyAccrualFund |
Jan 29, 2021 | $0.018 | DailyAccrualFund |
Dec 31, 2020 | $0.002 | DailyAccrualFund |
Nov 30, 2020 | $0.018 | DailyAccrualFund |
Oct 30, 2020 | $0.020 | DailyAccrualFund |
Sep 30, 2020 | $0.020 | DailyAccrualFund |
Aug 31, 2020 | $0.019 | DailyAccrualFund |
Jul 31, 2020 | $0.021 | DailyAccrualFund |
Jun 30, 2020 | $0.019 | DailyAccrualFund |
May 29, 2020 | $0.019 | DailyAccrualFund |
Apr 30, 2020 | $0.019 | DailyAccrualFund |
Mar 31, 2020 | $0.021 | DailyAccrualFund |
Feb 28, 2020 | $0.021 | DailyAccrualFund |
Jan 31, 2020 | $0.022 | DailyAccrualFund |
Dec 31, 2019 | $0.002 | ExtraDividend |
Nov 29, 2019 | $0.023 | DailyAccrualFund |
Oct 31, 2019 | $0.022 | DailyAccrualFund |
Sep 30, 2019 | $0.020 | DailyAccrualFund |
Aug 30, 2019 | $0.023 | DailyAccrualFund |
Jul 31, 2019 | $0.022 | DailyAccrualFund |
Apr 30, 2019 | $0.022 | DailyAccrualFund |
Mar 29, 2019 | $0.022 | DailyAccrualFund |
Feb 28, 2019 | $0.023 | DailyAccrualFund |
Jan 31, 2019 | $0.022 | DailyAccrualFund |
Dec 31, 2018 | $0.022 | DailyAccrualFund |
Nov 30, 2018 | $0.025 | DailyAccrualFund |
Oct 31, 2018 | $0.023 | DailyAccrualFund |
Aug 31, 2018 | $0.026 | DailyAccrualFund |
Jul 31, 2018 | $0.022 | DailyAccrualFund |
Jun 29, 2018 | $0.025 | DailyAccrualFund |
PPTRX - Fund Manager Analysis
Managers
Paul Drury
Start Date
Tenure
Tenure Rank
Jul 31, 2002
19.85
19.9%
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 |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |