Nasdaq - Delayed Quote USD

Putnam AMT-Free Municipal Fund Class M (PPMTX)

15.50 +0.01 (+0.06%)
As of November 25 at 8:01 PM EST. Market Open.

Performance Overview

Morningstar Return Rating 2
YTD Return 0.56%
5y Average Return 3.16%
Number of Years Up 19
Number of Years Down 4
Best 1Y Total Return (Feb 4, 2019) 11.03%
Worst 1Y Total Return (Feb 4, 2019) -3.81%
Best 3Y Total Return 11.03%
Worst 3Y Total Return 0.93%

Trailing Returns (%) Vs. Benchmarks

Monthly Total Returns
PPMTX
Category
YTD
7.19%
2.30%
1-Month
0.06%
0.50%
3-Month
1.13%
2.43%
1-Year
9.28%
6.88%
3-Year
3.22%
5.62%
5-Year
3.10%
3.37%
10-Year
4.00%
4.67%
Last Bull Market
5.68%
6.75%
Last Bear Market
6.59%
6.47%

Annual Total Return (%) History

Year
PPMTX
Category
2019
--
8.37%
2018
0.30%
0.27%
2017
5.42%
5.71%
2016
-0.39%
0.00%
2015
2.35%
3.07%
2014
9.78%
10.58%
2013
-3.81%
-4.59%
2012
7.83%
8.87%

2011
10.01%
10.64%
2010
1.72%
1.65%
2009
11.03%
17.30%
2008
-3.42%
-9.45%
2007
2.83%
1.27%
2006
3.54%
4.57%
2005
2.52%
3.10%
2004
3.26%
3.77%
2003
4.29%
4.90%
2002
9.27%
8.45%
2001
3.34%
3.92%
2000
12.29%
11.24%
1999
-4.11%
-4.70%
1998
4.59%
5.43%
1997
7.90%
9.12%
1996
2.99%
3.48%
1995
--
17.06%

Past Quarterly Returns

YearQ1Q2Q3Q4
2019 2.86% 2.38% 1.73% --
2018 -1.18% 0.59% -0.30% 1.20%
2017 1.17% 1.80% 1.33% 1.02%
2016 1.49% 2.64% -0.39% -4.00%
2015 1.04% -0.96% 0.97% 1.30%
2014 3.23% 2.88% 1.78% 1.56%
2013 0.20% -3.35% -0.89% 0.22%
2012 2.37% 2.12% 2.37% 0.75%
2011 -0.28% 3.96% 4.12% 1.92%
2010 1.61% 1.75% 3.53% -4.97%

2009 2.81% 2.27% 7.42% -1.69%
2008 -1.06% 0.64% -4.03% 1.06%
2007 0.46% -0.87% 1.73% 1.49%
2006 -0.16% -0.26% 3.20% 0.76%
2005 -0.45% 2.67% -0.25% 0.55%
2004 1.22% -2.63% 3.83% 0.91%
2003 0.94% 2.38% -0.15% 1.07%
2002 0.91% 3.80% 4.53% -0.19%
2001 1.65% 0.01% 2.90% -1.21%
2000 3.40% 1.42% 2.07% 4.89%
1999 0.65% -2.57% -1.18% -1.04%
1998 0.62% 1.24% 2.41% 0.26%
1997 -0.64% 3.09% 2.75% 2.53%
1996 -2.30% 0.41% 2.32% 2.61%
1995 2.15% 5.18% -- --

Rank in Category (By Total Return)

YTD 60
1-Month 20
3-Month 44
1-Year 64
3-Year 67
5-Year 74

Load Adjusted Returns

1-Year 5.73%
3-Year 2.09%
5-Year 2.42%
10-Year 3.66%

Performance & Risk

YTD Return 0.56%
5y Average Return 3.16%
Rank in Category (ytd) 60
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.94
Morningstar Risk Rating

Fund Overview

Category Muni National Long
Fund Family Putnam
Net Assets 309.59M
YTD Return 7.19%
Yield 2.29%
Morningstar Rating
Inception Date Jun 01, 1995

Fund Summary

The investment seeks high current income exempt from federal income tax. The fund invests mainly in bonds that pay interest that is exempt from federal income tax, are investment-grade in quality, and have intermediate- to long-term maturities (i.e., three years or longer). The fund's manager does not intend to invest in securities the interest on which is subject to the alternative minimum tax (AMT). Under normal circumstances, the managers invest at least 80% of the fund's net assets in tax-exempt investments.

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