Putnam NY Tax Exempt Income A (PTEIX)
| Fund Assets | 688.77M |
| Expense Ratio | 0.79% |
| Min. Investment | $500 |
| Turnover | 17.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | 7.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.89 |
| YTD Return | -1.97% |
| 1-Year Return | -1.09% |
| 5-Year Return | 0.92% |
| 52-Week Low | 7.43 |
| 52-Week High | 8.23 |
| Beta (5Y) | n/a |
| Holdings | 287 |
| Inception Date | Sep 2, 1983 |
About PTEIX
Putnam New York Tax Exempt Income Fund Class A is an open-ended mutual fund that focuses on delivering tax-exempt income to investors, primarily New York residents. The fund predominantly invests in investment grade municipal bonds issued by New York State and its local governments, agencies, and authorities. Its main objective is to provide a high level of current income that is exempt from federal as well as New York State and City personal income taxes, making it especially attractive for investors seeking tax-efficient income solutions. The portfolio managers actively manage allocations based on factors such as credit quality, interest rate and prepayment risks, and overall market conditions, with a typical emphasis on intermediate- and long-term maturities. The fund serves as a tool for investors aiming to preserve capital while offsetting tax liabilities, and it plays an important role in the municipal bond segment by channeling capital into essential public infrastructure projects within New York. Launched in 1983, it is managed by Putnam Investment Management, LLC, and is benchmarked against the Bloomberg Municipal Bond Index.
Performance
PTEIX had a total return of -1.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.75%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PEIBX | Class B Shares | 1.47% |
Top 10 Holdings
18.52% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK LIBERTY DEV CORP LIBERTY REV | NY.NYCDEV 3 09.15.2043 | 3.43% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV | NY.NYCDEV 5 11.15.2044 | 2.32% |
| LONG IS PWR AUTH N Y ELEC SYS REV | NY.LSLPWR 5 09.01.2049 | 1.89% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV | NY.NYCGEN 5 08.01.2040 | 1.80% |
| TSASC INC N Y | NY.TSA 5 06.01.2041 | 1.67% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV | NY.NYCGEN 5.5 11.01.2045 | 1.56% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV | NY.NYCUTL 5.25 06.15.2053 | 1.55% |
| NEW YORK ST URBAN DEV CORP ST SALES TAX REV | NY.NYSFAC 5 03.15.2045 | 1.52% |
| METROPOLITAN TRANSN AUTH N Y REV | NY.MTATRN 5 11.15.2044 | 1.47% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT | NY.NYSHGR 4 05.01.2045 | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0219 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02483 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02239 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02155 | Jun 30, 2025 |
| May 30, 2025 | $0.02384 | May 30, 2025 |
| Apr 30, 2025 | $0.02251 | Apr 30, 2025 |