Mutual Fund Insights: Putnam MN Tax Exempt Income A Fund (PXMNX)

In-depth Analysis of Putnam MN Tax Exempt Income A Fund (PXMNX)

3 months 6 months 1 year 3 year 5 year

See Putnam MN Tax Exempt Income A Fund (PXMNX) performance details as of January 31, 2010

  

Last Trade: $9.01 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Thalia Meehan

Fund Manager Tenure: 3.1 years
Fundmojo Fund Grade: B (Score: 0.62)     (What does this score mean?)

Meehan is a managing director and team leader of the Tax Exempt team. In addition to managing Putnam's Tax Exempt team, she is a portfolio leader of the Tax Exempt Income Fund, the AMT-Free Insured Municipal Fund, and all state funds, including closed-end funds. Ms. Meehan, who joined Putnam's Tax Exempt Bond Group in 1989, has 24 years of investment industry experience.  Get more insights on Thalia Meehan

  

 What we like about Putnam MN Tax Exempt Income A Fund (PXMNX)

Data for Putnam MN Tax Exempt Income A Fund (PXMNX) as of January 31, 2010

• Putnam MN Tax Exempt Income A Fund (PXMNX) management has been with Putnam MN Tax Exempt Income A Fund for 3.1 years
• Putnam MN Tax Exempt Income A Fund (PXMNX) has good short-term performance (1-year return 11.21% vs 11.14% Muni Minnesota category average)
• Putnam MN Tax Exempt Income A Fund (PXMNX) has good mid-term performance (3-year return 3.98% vs 3.37% Muni Minnesota category average)
• Putnam MN Tax Exempt Income A Fund (PXMNX) has good Long-term performance (5-year return 3.53% vs 3.46% Muni Minnesota category average)
• Putnam MN Tax Exempt Income A Fund (PXMNX) ratio of up-years vs down years is greater than 2
• Putnam MN Tax Exempt Income A Fund (PXMNX) has an annual stock turnover rate of 17.28% vs Muni Minnesota average of 20.26%. It is good that Putnam MN Tax Exempt Income A management does not trade extensively for its return.
• Putnam MN Tax Exempt Income A Fund (PXMNX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.58, lower than category average of 6.46
• Putnam MN Tax Exempt Income A Fund (PXMNX) has a lower management fee than its Muni Minnesota average: 0.85% vs 1.12%

  

 What we are cautious about Putnam MN Tax Exempt Income A Fund (PXMNX)

Data for Putnam MN Tax Exempt Income A Fund (PXMNX) as of January 31, 2010

• Putnam MN Tax Exempt Income A Fund (PXMNX) has a Morningstar rating of 3 and below
• Putnam MN Tax Exempt Income A Fund (PXMNX) carries a 4% load

See Putnam MN Tax Exempt Income A Fund (PXMNX) performance details as of January 31, 2010

  

  

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Putnam MN Tax Exempt Income A Fund (PXMNX) Net Asset

Track net asset change of Putnam MN Tax Exempt Income A fund (PXMNX)

Date	Net Asset
01/2010	$79.81M
11/2009	$78.65M
10/2009	$78.56M

More historic net asset information on Putnam MN Tax Exempt Income A Fund (PXMNX)

  

Putnam MN Tax Exempt Income A Fund (PXMNX) Portfolio Allocation

Track portfolio allocation change of Putnam MN Tax Exempt Income A fund (PXMNX)

Date	Cash	Stock	Bond	Other
09/2009	1.57%	0%	98.43%	0%
06/2009	0%	0%	100%	0%
03/2009	1%	0%	99%	0%

Click here to see more historic asset allocation information on Putnam MN Tax Exempt Income A Fund (PXMNX)

  

Most Recent Top 10 Holdings in Putnam MN Tax Exempt Income A Fund (PXMNX)

Discover what Putnam MN Tax Exempt Income A Fund (PXMNX) 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 A Fund (PXMNX)

  

Related books and products to Putnam MN Tax Exempt Income A Fund (PXMNX)

  

Latest News on Putnam MN Tax Exempt Income A (PXMNX)

See what is happening with Putnam MN Tax Exempt Income A Fund (PXMNX)

Putnam Investments Webcast to Feature CEO Bob Reynolds, CIO Walter Donovan and Fund Managers on Investment Opportunities (Business Wire) Putnam Investments CEO Reynolds Urges Action - This Year - to Strengthen All of America's Retirement Savings Systems (Business Wire) Putnam Investments Ranked #1 in Lipper/Barron's Best Mutual-Fund Families Survey (Business Wire) Putnam Investments Launches an Innovative Retirement Planning Platform to Drive Participant Savings (Business Wire) See more news on Putnam MN Tax Exempt Income A Fund (PXMNX)

 

Books and Resources

 

 

See more information on Putnam MN Tax Exempt Income A Fund (PXMNX)

• Putnam MN Tax Exempt Income A Fund Insights
• Putnam MN Tax Exempt Income A Fund Performance Data
• Putnam MN Tax Exempt Income A Fund News
• Putnam MN Tax Exempt Income A Fund Score Explaination
• Putnam MN Tax Exempt Income A Fund Manager Information
• Historic Putnam MN Tax Exempt Income A Fund Asset Allocation Report
• Historic Putnam MN Tax Exempt Income A Fund Top 10 Holding Tracking
• Historic Putnam MN Tax Exempt Income A Fund Asset Under Management Tracking