Putnam Strategic Intermediate Municipal Fund Class A: (MF: PPNAX)
(NASDAQ Mutual Funds) As of Jun 6, 2025 08:00 PM ET
$13.74 USD
-0.02 (-0.15%)
Fund Description
The fund was incepted in September 1985 and is managed by Putnam Management. The fund seeks high current income exempt from federal income tax. The fund invests mainly in bonds that pay interest that is exempt from federal income tax but that may be subject to federal alternative minimum tax (AMT), are rated AAA (or the equivalent), insured (as to payment of principal and interest) and/or escrowed by securities guaranteed by the U.S. government and have intermediate to long-term maturities (three years or longer). Under normal circumstances, the fund invests at least 80% of its net assets in tax exempt investments and in securities insured as to payment of principal and interest in the event of default. Dividends are distributed monthly. Capital gains are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Putnam Strategic Intermed Muni A | PPNAX | 2.25 | NA | 0.00 | 0.25 | 0.42 | 0.45 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Putnam AMT-Free Insured Muni A | PPNAX | 13.74 | 9/9/1985 | 3.15 | 2.56 | 2.85 | 2.35 |
| Putnam AMT-Free Insured Muni C | PAMTX | 13.84 | 9/9/1985 | 2.39 | 1.80 | 2.10 | 1.63 |
| Putnam AMT-Free Insured Muni Y | PAMYX | 13.81 | 1/16/2008 | 3.41 | 2.82 | 3.12 | 2.61 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Putnam Strategic Intermed Muni A | PPNAX | 500 | 0 | 0 | M |
Contact Information
| Family | Putnam Funds |
| Address | One Post Office Square Canton, MA 02109 |
| Phone | 800 225-1581 |