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Mutual Fund Insights: Putnam MN Tax Exempt Income B Fund (PMTBX)

In-depth Analysis of Putnam MN Tax Exempt Income B Fund (PMTBX)

Mutual fund chart: Putnam MN Tax Exempt Income B Fund (PMTBX)

3 months
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See Putnam MN Tax Exempt Income B Fund (PMTBX) performance details as of February 28, 2010

  

    Last Trade: $8.99 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Thalia A. Meehan

Fund Manager Tenure: 3.1 years
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)

  

What we like about Putnam MN Tax Exempt Income B Fund (PMTBX) What we like about Putnam MN Tax Exempt Income B Fund (PMTBX)

Data for Putnam MN Tax Exempt Income B Fund (PMTBX) as of February 28, 2010

  • Putnam MN Tax Exempt Income B Fund (PMTBX) management has been with Putnam MN Tax Exempt Income B Fund for 3.1 years
  • Putnam MN Tax Exempt Income B Fund (PMTBX) has good short-term performance (1-year return 9.81% vs 11.06 % Muni Minnesota category average)
  • Putnam MN Tax Exempt Income B Fund (PMTBX) has good mid-term performance (3-year return 3.36% vs 3.34 % Muni Minnesota category average)
  • Putnam MN Tax Exempt Income B Fund (PMTBX) ratio of up-years vs down years is greater than 2
  • Putnam MN Tax Exempt Income B Fund (PMTBX) has an annual stock turnover rate of 17.28% vs Muni Minnesota average of 19.58%. It is good that Putnam MN Tax Exempt Income B management does not trade extensively for its return.
  • Putnam MN Tax Exempt Income B Fund (PMTBX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.62, lower than category average of 6.46

  

What we are cautious about Putnam MN Tax Exempt Income B Fund (PMTBX) What we are cautious about Putnam MN Tax Exempt Income B Fund (PMTBX)

Data for Putnam MN Tax Exempt Income B Fund (PMTBX) as of February 28, 2010

  • Putnam MN Tax Exempt Income B Fund (PMTBX) has a less-than-ideal Long-term performance (5-year return 3.15% vs 3.74 % Muni Minnesota category average)
  • Putnam MN Tax Exempt Income B Fund (PMTBX) has a Morningstar rating of 3 and below
  • Putnam MN Tax Exempt Income B Fund (PMTBX) is less safe compared to its Muni Minnesota peers
  • Putnam MN Tax Exempt Income B Fund (PMTBX) has a higher management fee of 1.53% than its Muni Minnesota average of 1.12%
  • Putnam MN Tax Exempt Income B Fund (PMTBX) carries a 5% load
See Putnam MN Tax Exempt Income B Fund (PMTBX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Muni Minnesota category?

Below are some additional Muni Minnesota mutual funds generated out of our database

  

Putnam MN Tax Exempt Income B Fund (PMTBX) Net Asset

Track net asset change of Putnam MN Tax Exempt Income B fund (PMTBX)

DateNet Asset
02/2010$90.47M
01/2010$5.52M
11/2009$5.85M
More historic net asset information on Putnam MN Tax Exempt Income B Fund (PMTBX)

  

Putnam MN Tax Exempt Income B Fund (PMTBX) Portfolio Allocation

Track portfolio allocation change of Putnam MN Tax Exempt Income B fund (PMTBX)

DateCashStockBondOther
09/20091.57%0%98.43%0%
06/20090%0%100%0%
03/20091%0%99%0%
Click here to see more historic asset allocation information on Putnam MN Tax Exempt Income B Fund (PMTBX)

  

Most Recent Top 10 Holdings in Putnam MN Tax Exempt Income B Fund (PMTBX)

Discover what Putnam MN Tax Exempt Income B Fund (PMTBX) manager is buying

30-Sep-09
Hennepin Cnty Minn Sales Tax R Second 5% [4.66%]
Maple Grove Minn Go Impt B 5% [3.18%]
Univ Minn Univ Bds 5.75% [2.93%]
MINNEAPOLIS MINN TAX INCRE [2.38%]
Buckeye Ohio Tob Settlement Fi Tob 5.75% [2.35%]
Minnesota St Hsg Fin Agy Residenti 4.9% [2.27%]
Roseville Minn Indpt Sch Dist 5% [2.23%]
Minnetonka Minn Indpt Sch Dist [2.23%]
Minneapolis Minn Ref Bds 5.2% [2.18%]
Maple Grove Minn Health Care S Hea 5.25% [2.16%]

30-Jun-09
Hennepin Cnty Minn Sales Tax R Second 5% [4.6%]
Minnesota St Higher Ed Facs Au Rev 1.25% [3.39%]
Maple Grove Minn Go Impt B 5% [3.15%]
Univ Minn Univ Bds 5.75% [2.94%]
Minneapolis Minn Tax Incre 5% [2.46%]
ROSEVILLE MINN INDPT SCH DIST G.O. SCH [2.3%]
Minnesota St Hsg Fin Agy Residenti 4.9% [2.29%]
Minneapolis Minn Ref Bds 5.2% [2.26%]
Minnesota St Hsg Fin Agy Residenti 5.75% [2.18%]
Minnetonka Minn Indpt Sch Dist [2.14%]

31-Mar-09
Hennepin Cnty Minn Sales Tax R Second 5% [4.54%]
Maple Grove Minn Go Impt B 5% [3.14%]
Univ Minn Univ Bds 5.75% [2.96%]
Lakeville Minn Indpt Sch Dist 5.5% [2.47%]
Minneapolis Minn Tax Incre 5% [2.45%]
Roseville Minn Indpt Sch Dist 5% [2.28%]
Minnesota St Hsg Fin Agy Residenti 4.9% [2.26%]
Minneapolis Minn Ref Bds 5.2% [2.25%]
Minnesota St Higher Ed Facs Au Rev 1.25% [2.25%]
Minnesota St Hsg Fin Agy Residenti 5.75% [2.17%]
Click here for Stock Holding Change Map in Putnam MN Tax Exempt Income B Fund (PMTBX)

  

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Latest News on Putnam MN Tax Exempt Income B (PMTBX)

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