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  • Fund Type: Open-End Fund
  • Objective: Muni-Michigan
  • Asset Class: Debt
  • Geographic Focus: Michigan

Putnam Michigan Tax Exempt Income Fund

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PMGCX:US

9.49 USD 0.01 0.11%

As of 09:29:30 ET on 05/22/2013.

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Snapshot for Putnam Michigan Tax Exempt Income Fund (PMGCX)

Year To Date: +0.75% 3-Month: +0.37% 3-Year: - 52-Week Range: 9.40 - 9.64
1-Month: -0.13% 1-Year: +3.16% 5-Year: - Beta vs LMBITR: 0.99

Mutual Fund Chart for PMGCX

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  • PMGCX:US 9.49
  • 1M
  • 1Y
Interactive PMGCX Chart

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Fund Profile & Information for PMGCX

Putnam Michigan Tax Exempt Income Fund is an open-end fund incorporated in the USA. The Fund's objective seeks current income exempt from federal and Michigan income taxes. The Fund invests mainly in investment-grade bonds that have intermediate to long-term maturities. It normally invests at least 80% of its assets in tax exempt securities.

Inception Date: 10-03-2006 Telephone: 1-800-225-1581
Managers: THALIA MEEHAN / PAUL DRURY
Web Site: www.putnam.com

Fundamentals for PMGCX

NAV (on 2013-05-22) 9.49
Assets (M) (on 2013-04-30) 83.01
Fund Leveraged N
Minimum Investment 500.00
Minimum Subsequent Investment 0.00

Dividends for PMGCX

Dividend Type Daily Accrual
Dividend Frequency Monthly
Last Dividend Net (on 2013-05-22) 0.00
Dividend Yield (ttm) 2.51

Fees & Expenses for PMGCX

Front Load 0.00
Back Load 1.00
Current Mgmt Fee 0.44
Redemption Fee 0.00
12b1 Fee 1.00
Expense Ratio 1.63

Top Fund Holdings for PMGCX

Filing Date: 03/31/2013
Name Position Value % of Total
MI STRAT FD-WORTHINGT 3,000 3,761,820 4.605%
MI HGR ED VAR-REF-DET 3,520 3,520,000 4.309%
MI BLDG 2,000 2,364,160 2.894%
KALAMAZOO HOSP REF-A 2,000 2,169,580 2.656%
GIBRALTAR SD-SCH BLDG 2,000 2,102,400 2.574%
MI STRAT REF DETRO-BB 1,500 1,960,185 2.400%
MARYSVL SCHS BLDG/SIT 1,640 1,853,020 2.269%
MI STRAT FD HOUSE -A 1,500 1,712,745 2.097%
ROSEVILLE SD REF 1,500 1,656,840 2.028%
FLAT ROCK CMNTY SD 1,425 1,643,068 2.012%

Quotes delayed, except where indicated otherwise. Mutual fund NAVs include dividends. All prices in local currency. Time is ET.

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