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Wednesday, December 30, 2009, 12:35PM ET - U.S. Markets close in 3 hours and 25 minutes. Dow Down 0.04% Nasdaq Down 0.05%
Putnam CA Tax Exempt Income A (PCTEX)On Dec 29: 7.58  Down 0.01 (0.13%)  
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Profile  As of 30-Nov-09Get Profile for:
Putnam CA Tax Exempt Income A
One Post Office Sq Mailstop A 14 Boston MA 02109
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Phone: 800-225-1581
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FUND OVERVIEW 
Category:Muni California Long
Fund Family:Putnam
Net Assets:1.58B
Year-to-Date Return:16.97%
Yield:4.72%
Morningstar Rating:3 stars
Fund Inception Date:29-Apr-83
MORNINGSTAR STYLE BOX 
Muni California Long
[View Category Definition]
View Top Muni California Long Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION 
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.
INVESTMENT INFORMATION 
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
PCTEX can be purchased from brokerages.
FUND SUMMARY 
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.
FUND OPERATIONS 
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%
FEES & EXPENSES 
ExpensePCTEXCategory
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
* Per $10,000 invested


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