Putnam Short-Term Municipal Income C (PSMTX)
| Fund Assets | 14.85M |
| Expense Ratio | 1.36% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.38% |
| Dividend Growth | 4.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.91 |
| YTD Return | 1.75% |
| 1-Year Return | 2.24% |
| 5-Year Return | 3.75% |
| 52-Week Low | 9.72 |
| 52-Week High | 9.94 |
| Beta (5Y) | n/a |
| Holdings | 211 |
| Inception Date | Mar 18, 2013 |
About PSMTX
The Fund's investment strategy focuses on Short Muni Debt with 1.34% total expense ratio. The minimum amount to invest in Putnam Funds Trust: Putnam Short-Term Municipal Income Fund; Class C Shares is $500 on a standard taxable account. Putnam Funds Trust: Putnam Short-Term Municipal Income Fund; Class C Shares seeks as high a level of current income exempt from federal income tax as we believe is consistent with preservation of capital. PSMTX invests mainly in investment-grade bonds that pay interest that is exempt from federal income tax and that have short-term maturities (three years or less).
Performance
PSMTX had a total return of 2.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.60%.
Top 10 Holdings
16.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Net Cash | n/a | 2.22% |
| ARIZONA BRD REGENTS UNIV ARIZ SYS REV | AZ.AZSHGR 5 06.01.2046 | 1.87% |
| POLK CNTY FLA HSG FIN AUTH MULTIFAMILY HSG REV | FL.POKMFH 12.01.2040 | 1.73% |
| KNOXVILLE TENN CMNTY DEV CORP MULTIFAMILY REV | TN.KXVMFH 12.01.2027 | 1.73% |
| CUMBERLAND CNTY N C INDL FACS & POLLUTN CTL FING AUTH SOLID WASTE DISP REV | NC.CUMPOL 12.01.2027 | 1.72% |
| DALLAS TEX HSG FIN CORP MULTIFAMILY HSG REV | TX.DALMFH 07.01.2026 | 1.58% |
| EL PASO TEX INDPT SCH DIST | TX.ELPSCD 02.01.2040 | 1.44% |
| CALIFORNIA HSG FIN AGY AFFORDABLE HSG REV | CA.CASHSG 08.01.2063 | 1.44% |
| KING CNTY WASH HSG AUTH REV | WA.KINHSG 5.5 05.01.2038 | 1.44% |
| BIRMINGHAM ALA WTRWKS BRD REV ANTIC BD | AL.BIRWTR 3.75 09.01.2026 | 1.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01804 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0204 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02027 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0187 | Jun 30, 2025 |
| May 30, 2025 | $0.021 | May 30, 2025 |
| Apr 30, 2025 | $0.0198 | Apr 30, 2025 |