Error: Could not add to watchlist. X
+ Watchlist

Putnam Michigan Tax Exempt Income Fund

PXMIX:US
NASDAQ GM
9.12
USD
0.00
0.00%
As of 9:29 AM EDT 5/24/2017
Fund Type
Open-End Fund
52Wk Range
8.90 - 9.43
1 Yr Return
0.71%
YTD Return
2.65%
Before it's here, it's on the Bloomberg Terminal.
Learn More
Previous Close
9.12
52Wk Range
8.90 - 9.43
1 Yr Return
0.60%
YTD Return
2.65%
Fund Type
Open-End Fund
Objective
Muni Single State Long
Asset Class Focus
Fixed Income
Geographic Focus
Michigan
NAV (on 05/24/2017)
9.12
Total Assets (m USD) (on 04/28/2017)
73.267
Inception Date
10/23/1989
Last Dividend (on 05/24/2017)
0.00063814
Dividend Indicated Gross Yield
2.46%
Fund Managers
PAUL M DRURY / GARRETT HAMILTON
Front Load Fee
4.00%
Back Load Fee
1.00%
Redemption Fee
0.00%
12b-1 Fee
0.23%
Current Mgmt Fee
0.43%
Expense Ratio
0.44%

Top Fund Holdings

Name Position Value % of Fund
3.00 k 3.59 m 4.86
2.00 k 2.11 m 2.85
1.50 k 1.84 m 2.49
1.50 k 1.63 m 2.21
1.32 k 1.35 m 1.82
1.00 k 1.17 m 1.59
1.00 k 1.16 m 1.57
1.00 k 1.13 m 1.53
1.00 k 1.13 m 1.52
1.00 k 1.13 m 1.52
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