Address And Details

One Post Office Square , Canton, MA 02109
Fund Manager Paul Drury
Manager Tenure 13 Years 8 Months

Strategy And Objective

Putnam Tax Exempt Income Fund seeks as high a level of current income exempt from federal income tax as we believe to be consistent with preservation of capital. We invest mainly in bonds that pay interest that is exempt from federal income tax (but that may be subject to federal alternative minimum tax (AMT)), are investment-grade in quality, and have intermediate- to long-term maturities (i.e., three years or longer). Under normal circumstances, we invest at least 80% of the funds net assets in tax-exempt investments, which for purposes of this policy exclude investments paying interest subject to the federal AMT for individuals. This investment policy cannot be changed without the approval of the funds shareholders. We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments.

Net Asset Value

as of 5:32 PM ET 09/23/2021

Performance

  • 1 Week
  • n/a
  • 1 Month
  • -0.56%
  • 3 Months
  • -0.45%
  • 1 Yr Return
  • +2.41%
  • 5 Yr Return
  • +0.56%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 100.86%
Stocks 0.00%
Cash 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -0.86%
Total Net Assets 135.91 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.92 -0.22 -0.26
Beta 1.28 1.11 1.08
R Squared 0.92 0.89 0.91
Std Deviation 5.35 4.60 4.08
Sharpe Ratio 0.80 0.50 n/a

Purchase Information

as of 5:39 PM ET 09/07/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +4.99%
  • +8.39%
+4.99% +8.39%
3 Year
  • +5.49%
  • +5.36%
+5.49% +5.36%
10 Year
  • +4.43%
  • +4.68%
+4.43% +4.68%
Life Of Fund
  • +4.46%
  • +4.48%
+4.46% +4.48%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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