Putnam Minnesota Tax Exempt Income Fund Class A (PXMNX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.50
0.00 (0.00%)
Jun 27, 2025, 4:00 PM EDT
-2.52% (1Y)
| Fund Assets | 170.48M |
| Expense Ratio | 0.88% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.55% |
| Dividend Growth | 6.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.50 |
| YTD Return | -1.69% |
| 1-Year Return | 0.25% |
| 5-Year Return | -0.36% |
| 52-Week Low | 8.30 |
| 52-Week High | 8.94 |
| Beta (5Y) | n/a |
| Holdings | 179 |
| Inception Date | Oct 23, 1989 |
About PXMNX
PXMNX was founded on 1989-10-23 and is currently managed by Hamilton,Drury. The Fund's investment strategy focuses on MN Municipal Debt with 0.86% total expense ratio. The minimum amount to invest in Putnam Minnesota Tax Exempt Income Fund; Class A Shares is $500 on a standard taxable account. Putnam Minnesota Tax Exempt Income Fund; Class A 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.
Fund Family Putnam Funds Class A
Category Muni Minnesota
Stock Exchange NASDAQ
Ticker Symbol PXMNX
Index Bloomberg Municipal Bond TR
Performance
PXMNX had a total return of 0.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.19%.
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 | $0.02013 | Jun 30, 2025 |
| May 30, 2025 | $0.02213 | May 30, 2025 |
| Apr 30, 2025 | $0.02093 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01928 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02115 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02124 | Jan 31, 2025 |