Putnam Minnesota Tax Exempt Income Fund Class R6 (PMVTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.54
+0.01 (0.12%)
Jul 7, 2025, 4:00 PM EDT
-2.62% (1Y)
| Fund Assets | 139.21M |
| Expense Ratio | 0.58% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.18% |
| Dividend Growth | 5.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.53 |
| YTD Return | -1.88% |
| 1-Year Return | -0.61% |
| 5-Year Return | 0.25% |
| 52-Week Low | 8.32 |
| 52-Week High | 8.96 |
| Beta (5Y) | n/a |
| Holdings | 179 |
| Inception Date | May 22, 2018 |
About PMVTX
PMVTX was founded on 2018-05-22 and is currently managed by Hamilton,Drury. The Fund's investment strategy focuses on MN Municipal Debt with 0.57% total expense ratio. The minimum amount to invest in Putnam Minnesota Tax Exempt Income Fund; Class R6 Shares is $500 on a standard taxable account. Putnam Minnesota Tax Exempt Income Fund; Class R6 Shares seeks a high level of current income exempt from federal and Minnesota state income taxes as is believed to be consistent with preservation of capital.
Category Muni Minnesota
Stock Exchange NASDAQ
Ticker Symbol PMVTX
Index Bloomberg Municipal Bond TR
Performance
PMVTX had a total return of -0.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.39%.
Top 10 Holdings
20.25% of assets| Name | Symbol | Weight |
|---|---|---|
| MINNESOTA ST HIGHER ED FACS AUTH REV 4% | MN.MNSHGR 4 10.01.2046 | 2.47% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 4% | MN.MINMED 4 11.15.2040 | 2.33% |
| MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4% | MN.MGAUTL 12.01.2052 | 2.23% |
| MINNESOTA ST CTFS PARTN 5% | MN.MNSCTF 5 11.01.2040 | 2.08% |
| WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 5% | MN.WESPWR 5 01.01.2049 | 1.97% |
| MINNEAPOLIS MINN MULTIFAMILY REV 2.35% | MN.MINMFH 2.35 02.01.2038 | 1.96% |
| Net Cash | n/a | 1.89% |
| HENNEPIN CNTY MINN 5% | MN.HEN 5 12.15.2035 | 1.78% |
| MINNESOTA ST CTFS PARTN 5% | MN.MNSCTF 5 11.01.2041 | 1.77% |
| HENNEPIN CNTY MINN REGL RR AUTH 5% | MN.HENTRN 5 12.01.2035 | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02208 | Jun 30, 2025 |
| May 30, 2025 | $0.02421 | May 30, 2025 |
| Apr 30, 2025 | $0.02294 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02131 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02316 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02354 | Jan 31, 2025 |