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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$131 M

0.00%

1.14%

Vitals

YTD Return

0.0%

1 yr return

4.0%

3 Yr Avg Return

0.8%

5 Yr Avg Return

-0.2%

Net Assets

$131 M

Holdings in Top 10

18.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load 3.25%

Deferred Load N/A

TRADING FEES

Turnover 19.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$131 M

0.00%

1.14%

PMNMX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam Minnesota Tax Exempt Income Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Apr 03, 1995
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description


PMNMX - Performance

Return Ranking - Trailing

Period PMNMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -31.9% 954.9% 87.79%
1 Yr 4.0% -27.2% 945.1% 26.45%
3 Yr 0.8%* -18.4% 120.9% 57.20%
5 Yr -0.2%* -9.1% 60.6% 91.06%
10 Yr N/A* -5.2% 14.4% 18.03%

* Annualized

Return Ranking - Calendar

Period PMNMX Return Category Return Low Category Return High Rank in Category (%)
2023 4.1% -5.8% 20.3% 51.47%
2022 -2.2% -29.6% 4.6% 41.44%
2021 1.2% -4.4% 15.8% 47.53%
2020 -2.6% -6.1% 15.0% 74.97%
2019 -0.5% -11.6% 2.6% 33.88%

Total Return Ranking - Trailing

Period PMNMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -31.9% 954.9% 87.79%
1 Yr 4.0% -27.2% 945.1% 26.45%
3 Yr 0.8%* -18.4% 120.9% 61.21%
5 Yr -0.2%* -9.1% 60.6% 91.88%
10 Yr N/A* -5.2% 16.1% 24.62%

* Annualized

Total Return Ranking - Calendar

Period PMNMX Return Category Return Low Category Return High Rank in Category (%)
2023 4.1% -5.8% 20.3% 52.07%
2022 -2.2% -29.6% 4.6% 48.72%
2021 1.2% -4.4% 15.8% 55.54%
2020 -2.6% -6.1% 15.0% 76.96%
2019 -0.5% -9.9% 3.0% 40.50%

PMNMX - Holdings

Concentration Analysis

PMNMX Category Low Category High PMNMX % Rank
Net Assets 131 M 619 K 88.4 B 79.72%
Number of Holdings 172 1 10083 72.37%
Net Assets in Top 10 24.3 M -170 M 26.9 B 81.84%
Weighting of Top 10 18.48% 2.6% 100.0% 57.64%

Top 10 Holdings

  1. MINNESOTA ST CTFS PARTN 5% 2.62%
  2. HENNEPIN CNTY MINN 5% 2.15%
  3. MINNEAPOLIS MINN HEALTH CARE SYS REV 5% 2.11%
  4. HENNEPIN CNTY MINN REGL RR AUTH 5% 1.92%
  5. UNIVERSITY MINN 5% 1.86%
  6. MINNEAPOLIS & ST PAUL MINN HSG & REDEV AUTH HEALTH CARE SYS 1.06% 1.75%
  7. MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% 1.65%
  8. ROCHESTER MINN HEALTH CARE FACS REV 1.09% 1.52%
  9. HENNEPIN CNTY MINN 1.1% 1.46%
  10. SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 0% 1.43%

Asset Allocation

Weighting Return Low Return High PMNMX % Rank
Bonds
97.74% 78.92% 188.18% 38.35%
Cash
2.26% -83.41% 19.68% 53.68%
Stocks
0.00% -4.99% 21.62% 80.78%
Preferred Stocks
0.00% -0.17% 10.40% 82.51%
Other
0.00% -9.30% 31.94% 77.65%
Convertible Bonds
0.00% 0.00% 9.45% 89.43%

Bond Sector Breakdown

Weighting Return Low Return High PMNMX % Rank
Municipal
97.74% 0.00% 100.06% 22.35%
Cash & Equivalents
2.26% -26.49% 93.17% 61.17%
Derivative
0.00% 0.00% 39.43% 82.36%
Securitized
0.00% 0.00% 97.53% 89.86%
Corporate
0.00% 0.00% 99.00% 92.36%
Government
-0.01% -2.21% 99.96% 99.81%

Bond Geographic Breakdown

Weighting Return Low Return High PMNMX % Rank
US
97.20% 49.78% 163.25% 25.32%
Non US
0.54% -12.10% 39.65% 73.43%

PMNMX - Expenses

Operational Fees

PMNMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.01% 34.57% 25.19%
Management Fee 0.43% 0.00% 1.60% 66.70%
12b-1 Fee 0.50% 0.00% 1.00% 70.37%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PMNMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.25% 0.50% 5.75% 53.33%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

PMNMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

PMNMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 0.00% 496.90% 21.65%

PMNMX - Distributions

Dividend Yield Analysis

PMNMX Category Low Category High PMNMX % Rank
Dividend Yield 0.00% 0.00% 3.89% 3.56%

Dividend Distribution Analysis

PMNMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PMNMX Category Low Category High PMNMX % Rank
Net Income Ratio 2.22% -0.81% 5.05% 64.67%

Capital Gain Distribution Analysis

PMNMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PMNMX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.3 6.93 0.17