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Putnam Strategic Intermediate Muncpl B (PTFIX)

13.89 -0.03 (-0.22%)
As of 8:05 AM EDT. Market Open.

Fund Summary

The fund invests mainly in bonds that pay interest that is exempt from federal income tax (but that may be subject to federal alternative minimum tax (AMT)). The manager normally maintains an average dollar-weighted maturity between three and ten years. Under normal circumstances, the fund invests at least 80% of its net assets in tax-exempt investments. Investments paying interest subject to the federal AMT for individuals are considered tax-exempt investments for purposes of this policy.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 10.57%
Worst 1Y Total Return --
Number of Years Up 30
Number of Years Down 8

Performance & Risk

YTD Return -1.02%
5y Average Return 1.22%
Rank in Category (ytd) 59
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.82
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
PTFIXCategory AveragePTFIXCategory AveragePTFIXCategory Average
Alpha -0.52 -0 -0.17 -0 -0.32 -0
BETA 0.82 0.01 0.91 0.01 0.91 0.01
Mean Annual Return -0.01 0 0.14 0 0.19 0
R-squared 99.06 0.94 93.53 0.94 94.23 0.94
Standard Deviation 6.13 0.04 6.05 0.04 4.73 0.04
Sharpe Ratio -0.5 0.01 -0.08 0 0.18 0.01
Treynor Ratio -3.97 0.03 -0.75 0.02 0.83 0.03

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