Putnam CA Tax Exempt Income A One Post Office Sq Mailstop A 14 Boston MA 02109 Map
Phone: 800-225-1581
| Category: | Muni California Long | | Fund Family: | Putnam | | Net Assets: | 1.58B | | Year-to-Date Return: | 16.97% | | Yield: | 4.72% | | Morningstar Rating: |  | | Fund Inception Date: | 29-Apr-83 |
|
Thalia Meehan
Lead Manager since
13-Oct-06 | | | 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. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
|
| |
| The investment seeks as high a level of current income exempt from federal income tax and California personal income tax as to be consistent with preservation of capital. The fund normally invests so that at least 90% of the fund?s income distributions are exempt from federal income tax and California personal income tax, except during times of adverse market conditions, when more than 10% of the fund?s income distributions could be subject to these taxes. |
| Last Dividend
(27-Nov-09):
| 0.03 | | Last Cap Gain
(24-Dec-07):
| 0.04 | | Annual Holdings Turnover
| 26.11% | | Average for Category:
| 31.92% |
|
| Expense | PCTEX | Category Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | 4.00%
| 4.29% | | Max Deferred Sales Load: | %
| 2.71% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $559 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $800 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,485 |
|
|