Putnam New York Tax Exempt Income Fund Class A: (MF: PTEIX)
(NASDAQ Mutual Funds) As of Jun 18, 2025 08:00 PM ET
$7.61 USD
0.00 (NA)
Fund Description
The fund was incepted in September 1983 and is managed by Putnam Management. The fund seeks as high a level of current income exempt from federal income tax and New York State and City personal income taxes as the management believes to be consistent with preservation of capital. The fund invests mainly in bonds that pay interest that is exempt from federal income tax and New York State and City personal income taxes but that may be subject to federal alternative minimum tax (AMT), are investment-grade in quality and have intermediate to long-term maturities (three years or longer). Under normal circumstances, at least 90% of the fund's income distributions are exempt from federal income tax and New York State and City personal income taxes, except during times of adverse market conditions when more than 10% of the fund's income distributions could be subject to these taxes. Dividends are distributed monthly. Capital gains are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Putnam NY Tax Exempt Income A | PTEIX | 4.00 | NA | 0.00 | 0.25 | 0.42 | 0.79 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Putnam NY Tax Exempt Income A | PTEIX | 7.61 | 9/2/1983 | 3.45 | 0.47 | 1.22 | 0.38 |
| Putnam NY Tax Exempt Income C | PNNCX | 7.58 | 9/2/1983 | 2.68 | -0.27 | 0.47 | -0.31 |
| Putnam NY Tax Exempt Income Y | PNYYX | 7.59 | 1/17/2008 | 3.71 | 0.73 | 1.48 | 0.69 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Putnam NY Tax Exempt Income A | PTEIX | 500 | 0 | 0 | M |
Contact Information
| Family | Putnam Funds |
| Address | One Post Office Square Canton, MA 02109 |
| Phone | 800 225-1581 |