Putnam Tax Exempt Income Fund Class C (PTECX)
| Fund Assets | 646.71M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 2.58% |
| Dividend Growth | 4.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 7.62 |
| YTD Return | -1.83% |
| 1-Year Return | -0.33% |
| 5-Year Return | 0.48% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 315 |
| Inception Date | Dec 31, 1976 |
About PTECX
PTECX was founded on 1999-07-26 and is currently managed by Drury,Hamilton. The Fund's investment strategy focuses on Gen & Ins Muni with 1.55% total expense ratio. The minimum amount to invest in Putnam Tax Exempt Income Fund; Class C Shares is $500 on a standard taxable account. Putnam Tax Exempt Income Fund; Class C Shares seeks as high a level of current income exempt from federal income tax as we believe to be consistent with preservation of capital. It invests mainly in bonds that pay interest that is exempt from federal income tax, are investment-grade in quality, and have intermediate- to long-term maturities.
Performance
PTECX had a total return of -0.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.11%.
Top 10 Holdings
15.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Net Cash | n/a | 3.70% |
| NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5% | NY NYSFAC 5 03.15.2044 | 1.86% |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV 4% | WI WISMED 4 04.01.2036 | 1.38% |
| BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4% | AL BBEUTL 12.01.2049 | 1.36% |
| UTAH CNTY UTAH HOSP REV 5% | UT UTSMED 5 05.15.2041 | 1.28% |
| WILLIAMSON CNTY TENN INDL DEV BRD MULTIFAMILY REV 5% | TN WMNMFH 05.01.2042 | 1.20% |
| MIAMI-DADE CNTY FLA HSG FIN AUTH MULTIFAMILY HSG REV 3.55% | FL MIAMFH 01.01.2027 | 1.15% |
| ORANGE CNTY FLA HEALTH FACS AUTH REV 4% | FL ORAMED 4 10.01.2052 | 1.11% |
| ALASKA INDL DEV & EXPT AUTH REV 4% | AK AKSDEV 4 10.01.2044 | 1.11% |
| FEDERAL HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS RELATING TO MUN SECS 2.5 | OT FEDMFH 2.55 06.15.2035 | 1.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.01634 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01533 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01712 | Feb 28, 2025 |
| Jan 31, 2025 | $0.01703 | Jan 31, 2025 |
| Dec 31, 2024 | $0.01616 | Dec 31, 2024 |
| Nov 29, 2024 | $0.01721 | Nov 29, 2024 |