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Putnam AMT - Free Insured Municipal A (PPNAX)On Nov 6: 14.60   0.00 (0.00%)  
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Profile  As of 30-Sep-09Get Profile for:
Putnam AMT - Free Insured Municipal A
One Post Office Sq Boston MA 02109
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Phone: 800-225-1581
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FUND OVERVIEW 
Category:Muni National Long
Fund Family:Putnam
Net Assets:351.13M
Year-to-Date Return:13.21%
Yield:3.87%
Morningstar Rating:3 stars
Fund Inception Date:20-Sep-93
MORNINGSTAR STYLE BOX 
Muni National Long
[View Category Definition]
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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:$0
PPNAX can be purchased from 15 brokerages.
FUND SUMMARY 
The investment seeks high current income exempt from federal income tax. The fund normally invests at least 80% of assets in tax-exempt securities. It does not intend to invest in securities the interest on which is subject to the alternative minimum tax (AMT).
FUND OPERATIONS 
Last Dividend (29-Sep-09): 0.05
Last Cap Gain (30-Dec-08): 0.01
Annual Holdings Turnover 21.73%
Average for Category: 51.03%
FEES & EXPENSES 
ExpensePPNAXCategory
Avg
Total Expense Ratio:0.85% 1.02%
Max 12b1 Fee:0.21% N/A
Max Front End Sales Load:4.00% 4.27%
Max Deferred Sales Load:% 2.69%
3 Yr Expense Projection*: $ 660$548
5 Yr Expense Projection*: $ 852$794
10 Yr Expense Projection*: $ 1,407$1,491
* Per $10,000 invested


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