PTHYX - Putnam Tax Free High Yield Fund

Nasdaq - Nasdaq Delayed Price. Currency in USD

Putnam Tax Free High Yield Fund

Boston MA 02109

One Post Office Sq

Putnam Tax Free Income Trust

Management Information
Paul M. Drury,Lead Manager since May 31, 2002
Paul M. Drury is a Portfolio Manager in the Tax Exempt Fixed Income group. In this role, he is responsible for managing several sectors within the municipal market. He is also a Portfolio Manager of Putnam’s taxexempt funds. Mr. Drury, a CFA charterholder, has been in the investment industry since he joined Putnam in 1989.
Morningstar Style Box
Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryHigh Yield Muni
Fund FamilyPutnam
Net Assets687.25M
YTD Return1.45%
Morningstar Rating★★
Inception DateJan 1, 2008

Fund Operations

Last Dividend0.11
Last Cap Gain-3.00
Holdings Turnover34.00%
Average for CategoryN/A

Fees & Expenses

ExpensePTHYXCategory Average
Annual Report Expense Ratio (net)0.62%0.92%
Prospectus Net Expense Ratio0.62%N/A
Prospectus Gross Expense Ratio0.62%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.71%
Max Deferred Sales LoadN/A1.38%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A