Putnam Tax is trading at 7.80 as of the 20th of December 2024; that is 0.39 percent increase since the beginning of the trading day. The fund's open price was 7.77. Putnam Tax has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of November 2024 and ending today, the 20th of December 2024. Click here to learn more.
The fund invests mainly in bonds that pay interest that is exempt from federal income tax , which are investment-grade in quality, and have intermediate- to long-term maturities . It invests at least 80 percent of its net assets in tax-exempt investments, which for purposes of this policy exclude investments paying interest subject to the federal AMT for individuals.. More on Putnam Tax Exempt
Putnam Tax Exempt [PTECX] is traded in USA and was established 20th of December 2024. Putnam Tax is listed under Putnam category by Fama And French industry classification. The fund is listed under Muni National Long category and is part of Putnam family. This fund at this time has accumulated 646.71 M in assets with no minimum investment requirementsPutnam Tax Exempt is currently producing year-to-date (YTD) return of 2.51% with the current yeild of 0.0%, while the total return for the last 3 years was -1.06%.
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Other Information on Investing in Putnam Mutual Fund
Putnam Tax financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Tax security.