Putnam California Tax Exempt Income Trust - Putnam California Tax Exempt Income Fund USD Cls Y
Name
As of 05/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PCIYX | Fund
$7.37
$899 M
3.38%
$0.25
0.51%
Vitals
YTD Return
0.7%
1 yr return
4.9%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
1.7%
Net Assets
$899 M
Holdings in Top 10
15.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PCIYX | Fund
$7.37
$899 M
3.38%
$0.25
0.51%
PCIYX - Profile
Distributions
- YTD Total Return 0.7%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.37%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam California Tax Exempt Income Trust - Putnam California Tax Exempt Income Fund USD Cls Y
-
Fund Family NamePutnam
-
Inception DateJan 16, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Drury
Fund Description
PCIYX - Performance
Return Ranking - Trailing
Period | PCIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -3.1% | 12.8% | 22.14% |
1 Yr | 4.9% | -3.6% | 31.6% | 6.91% |
3 Yr | -0.7%* | -10.8% | 2.8% | 36.15% |
5 Yr | 1.7%* | -6.3% | 1102.2% | 5.92% |
10 Yr | 2.7%* | -0.6% | 248.3% | 7.80% |
* Annualized
Return Ranking - Calendar
Period | PCIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.9% | -1.4% | 41.0% | 13.19% |
2022 | -12.6% | -39.7% | 0.3% | 64.11% |
2021 | -2.2% | -5.6% | 6.9% | 98.40% |
2020 | 1.7% | -2.6% | 310.0% | 50.14% |
2019 | 3.7% | 0.0% | 26.0% | 54.92% |
Total Return Ranking - Trailing
Period | PCIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -3.1% | 12.8% | 22.14% |
1 Yr | 4.9% | -3.6% | 31.6% | 6.91% |
3 Yr | -0.7%* | -10.8% | 2.8% | 36.15% |
5 Yr | 1.7%* | -6.3% | 1102.2% | 5.92% |
10 Yr | 2.7%* | -0.6% | 248.3% | 7.80% |
* Annualized
Total Return Ranking - Calendar
Period | PCIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.7% | -1.3% | 41.0% | 7.90% |
2022 | -9.9% | -39.7% | 1.1% | 58.49% |
2021 | 3.5% | -4.8% | 23761504.0% | 10.45% |
2020 | 6.4% | -1.5% | 17057.9% | 4.15% |
2019 | 8.4% | 0.2% | 3514.6% | 9.63% |
NAV & Total Return History
PCIYX - Holdings
Concentration Analysis
PCIYX | Category Low | Category High | PCIYX % Rank | |
---|---|---|---|---|
Net Assets | 899 M | 3.22 M | 71.9 B | 31.27% |
Number of Holdings | 463 | 2 | 13067 | 26.43% |
Net Assets in Top 10 | 119 M | -317 M | 3.56 B | 37.17% |
Weighting of Top 10 | 15.61% | 2.0% | 100.2% | 60.98% |
Top 10 Holdings
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
- 5 Year Treasury Note Future Mar 22 5.86%
Asset Allocation
Weighting | Return Low | Return High | PCIYX % Rank | |
---|---|---|---|---|
Bonds | 97.29% | 0.00% | 150.86% | 70.98% |
Cash | 2.71% | -50.86% | 46.80% | 25.07% |
Stocks | 0.00% | 0.00% | 99.81% | 74.11% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 70.77% |
Other | 0.00% | -3.18% | 23.38% | 68.88% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 70.39% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PCIYX % Rank | |
---|---|---|---|---|
Municipal | 97.28% | 44.39% | 100.00% | 63.79% |
Cash & Equivalents | 2.65% | 0.00% | 46.24% | 16.80% |
Government | 0.08% | 0.00% | 52.02% | 5.62% |
Derivative | 0.00% | -3.18% | 23.38% | 65.95% |
Securitized | 0.00% | 0.00% | 5.93% | 69.74% |
Corporate | 0.00% | 0.00% | 9.41% | 73.99% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PCIYX % Rank | |
---|---|---|---|---|
US | 96.90% | 0.00% | 142.23% | 71.22% |
Non US | 0.39% | 0.00% | 23.89% | 8.72% |
PCIYX - Expenses
Operational Fees
PCIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.51% | 0.01% | 20.65% | 81.68% |
Management Fee | 0.42% | 0.00% | 1.20% | 48.93% |
12b-1 Fee | N/A | 0.00% | 1.00% | 9.43% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
PCIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
PCIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PCIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 0.00% | 283.00% | 77.97% |
PCIYX - Distributions
Dividend Yield Analysis
PCIYX | Category Low | Category High | PCIYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.38% | 0.00% | 14.51% | 21.99% |
Dividend Distribution Analysis
PCIYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PCIYX | Category Low | Category High | PCIYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.37% | -0.53% | 5.33% | 25.63% |
Capital Gain Distribution Analysis
PCIYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.021 | OrdinaryDividend |
Mar 28, 2024 | $0.021 | OrdinaryDividend |
Feb 29, 2024 | $0.021 | OrdinaryDividend |
Jan 31, 2024 | $0.020 | OrdinaryDividend |
Dec 29, 2023 | $0.020 | OrdinaryDividend |
Dec 27, 2023 | $0.005 | OrdinaryDividend |
Nov 30, 2023 | $0.020 | OrdinaryDividend |
Oct 31, 2023 | $0.019 | OrdinaryDividend |
Sep 29, 2023 | $0.021 | OrdinaryDividend |
Aug 31, 2023 | $0.020 | OrdinaryDividend |
Jul 31, 2023 | $0.018 | OrdinaryDividend |
Jun 30, 2023 | $0.021 | OrdinaryDividend |
May 31, 2023 | $0.019 | OrdinaryDividend |
Apr 28, 2023 | $0.018 | OrdinaryDividend |
Mar 31, 2023 | $0.020 | OrdinaryDividend |
Feb 28, 2023 | $0.019 | OrdinaryDividend |
Jan 31, 2023 | $0.019 | OrdinaryDividend |
Dec 30, 2022 | $0.018 | OrdinaryDividend |
Dec 28, 2022 | $0.001 | OrdinaryDividend |
Nov 30, 2022 | $0.018 | OrdinaryDividend |
Oct 31, 2022 | $0.017 | OrdinaryDividend |
Sep 30, 2022 | $0.019 | OrdinaryDividend |
Aug 31, 2022 | $0.017 | OrdinaryDividend |
Jul 29, 2022 | $0.018 | OrdinaryDividend |
Jun 30, 2022 | $0.018 | OrdinaryDividend |
May 31, 2022 | $0.017 | OrdinaryDividend |
Apr 29, 2022 | $0.018 | OrdinaryDividend |
Mar 31, 2022 | $0.016 | OrdinaryDividend |
Feb 28, 2022 | $0.014 | OrdinaryDividend |
Jan 31, 2022 | $0.016 | OrdinaryDividend |
Dec 31, 2021 | $0.016 | OrdinaryDividend |
Dec 29, 2021 | $0.034 | CapitalGainShortTerm |
Dec 29, 2021 | $0.118 | CapitalGainLongTerm |
Nov 30, 2021 | $0.016 | OrdinaryDividend |
Oct 29, 2021 | $0.017 | OrdinaryDividend |
Sep 30, 2021 | $0.016 | OrdinaryDividend |
Aug 31, 2021 | $0.015 | OrdinaryDividend |
Jul 30, 2021 | $0.016 | OrdinaryDividend |
Jun 30, 2021 | $0.016 | OrdinaryDividend |
May 28, 2021 | $0.015 | OrdinaryDividend |
Apr 30, 2021 | $0.017 | OrdinaryDividend |
Mar 31, 2021 | $0.017 | OrdinaryDividend |
Feb 26, 2021 | $0.016 | OrdinaryDividend |
Jan 29, 2021 | $0.010 | OrdinaryDividend |
Dec 31, 2020 | $0.130 | OrdinaryDividend |
Dec 29, 2020 | $0.007 | OrdinaryDividend |
Dec 29, 2020 | $0.027 | CapitalGainShortTerm |
Dec 29, 2020 | $0.079 | CapitalGainLongTerm |
Nov 30, 2020 | $0.017 | OrdinaryDividend |
Oct 30, 2020 | $0.018 | OrdinaryDividend |
Sep 30, 2020 | $0.017 | OrdinaryDividend |
Aug 31, 2020 | $0.015 | OrdinaryDividend |
Jun 30, 2020 | $0.017 | OrdinaryDividend |
Apr 30, 2020 | $0.018 | OrdinaryDividend |
Jan 31, 2020 | $0.019 | OrdinaryDividend |
Dec 31, 2019 | $0.018 | OrdinaryDividend |
Dec 27, 2019 | $0.002 | Extra |
Dec 27, 2019 | $0.056 | CapitalGainShortTerm |
Dec 27, 2019 | $0.077 | CapitalGainLongTerm |
Nov 29, 2019 | $0.019 | OrdinaryDividend |
Oct 31, 2019 | $0.019 | OrdinaryDividend |
Sep 30, 2019 | $0.018 | OrdinaryDividend |
Aug 30, 2019 | $0.021 | OrdinaryDividend |
Jul 31, 2019 | $0.021 | OrdinaryDividend |
Dec 27, 2018 | $0.008 | ExtraDividend |
Dec 27, 2018 | $0.076 | CapitalGainLongTerm |
Dec 27, 2017 | $0.008 | ExtraDividend |
Dec 28, 2016 | $0.008 | ExtraDividend |
Dec 29, 2015 | $0.007 | ExtraDividend |
Dec 30, 2014 | $0.004 | ExtraDividend |
PCIYX - Fund Manager Analysis
Managers
Paul Drury
Start Date
Tenure
Tenure Rank
Jul 31, 2002
19.85
19.9%
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.
Garrett Hamilton
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Mr. Hamilton has been employed by Putnam since 2016 as a Portfolio Manager. Prior to joining Putnam, Mr. Hamilton was a Portfolio Manager at BNY Mellon from 2010 to 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |