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Putnam Michigan Tax Exempt Income Fund

PMGCX:US
NASDAQ GM
9.14
USD
0.01
0.11%
As of 9:29 AM EDT 7/21/2017
Fund Type
Open-End Fund
52Wk Range
8.91 - 9.39
1 Yr Return
-0.58%
YTD Return
2.79%
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Previous Close
9.13
52Wk Range
8.91 - 9.39
1 Yr Return
-0.57%
YTD Return
2.79%
Fund Type
Open-End Fund
Objective
Muni Single State Long
Asset Class Focus
Fixed Income
Geographic Focus
Michigan
NAV (on 07/21/2017)
9.14
Total Assets (m USD) (on 05/31/2017)
73.197
Inception Date
10/03/2006
Last Dividend (on 07/21/2017)
0.00091176
Dividend Indicated Gross Yield
2.17%
Fund Managers
PAUL M DRURY / GARRETT HAMILTON
Front Load Fee
0.00%
Back Load Fee
1.00%
Redemption Fee
0.00%
12b-1 Fee
1.00%
Current Mgmt Fee
0.43%
Expense Ratio
0.83%

Top Fund Holdings

Profile
Putnam Michigan Tax Exempt Income Fund is an open-end fund incorporated in the USA. The Fund 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. It tracks a Bloomberg Barclays Index.
Address
Putnam Investments
One Post Office Square
Boston, MA 02109
Phone
1-800-225-1581