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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$7.95

$873 M

2.16%

$0.17

1.37%

Vitals

YTD Return

3.4%

1 yr return

-7.7%

3 Yr Avg Return

-3.4%

5 Yr Avg Return

-1.2%

Net Assets

$873 M

Holdings in Top 10

13.6%

52 WEEK LOW AND HIGH

$8.0
$7.27
$8.65

Expenses

OPERATING FEES

Expense Ratio 1.37%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$7.95

$873 M

2.16%

$0.17

1.37%

PEIBX - Profile

Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return -3.4%
  • 5 Yr Annualized Total Return -1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.46%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam New York Tax Exempt Income Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Jan 04, 1993
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Drury

Fund Description

Investments

We invest 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 (i.e., three years or longer). Under normal circumstances, we invest so that 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. Such tax-exempt investments in which the fund invests are issued by or for states, territories or possessions of the United States or by their political subdivisions, agencies, authorities or other government entities, and the income from these investments is exempt from federal, and New York State and City personal income tax. This investment policy cannot be changed without the approval of the fund’s shareholders. We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments.

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PEIBX - Performance

Return Ranking - Trailing

Period PEIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -86.8% 7.5% 10.24%
1 Yr -7.7% -20.9% 15.7% 74.20%
3 Yr -3.4%* -10.2% 52.2% 74.55%
5 Yr -1.2%* -5.1% 29.7% 70.03%
10 Yr -1.2%* -3.2% 13.6% 69.53%

* Annualized

Return Ranking - Calendar

Period PEIBX Return Category Return Low Category Return High Rank in Category (%)
2022 -13.2% -91.1% 101.7% 76.86%
2021 0.1% -79.2% 102.5% 36.38%
2020 0.5% -66.1% 60.0% 42.77%
2019 1.2% -57.4% 7.6% 24.71%
2018 -0.5% -35.9% 3.2% 58.31%

Total Return Ranking - Trailing

Period PEIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -86.8% 7.5% 10.61%
1 Yr -7.7% -20.9% 15.4% 74.42%
3 Yr -3.4%* -10.2% 52.2% 75.25%
5 Yr -1.2%* -5.1% 29.7% 72.84%
10 Yr -1.2%* -3.2% 13.6% 74.05%

* Annualized

Total Return Ranking - Calendar

Period PEIBX Return Category Return Low Category Return High Rank in Category (%)
2022 -13.2% -91.1% 101.7% 76.64%
2021 0.1% -79.2% 102.5% 36.41%
2020 0.5% -66.1% 60.0% 42.75%
2019 1.2% -57.4% 7.6% 24.90%
2018 -0.5% -35.9% 3.2% 59.73%

NAV & Total Return History


PEIBX - Holdings

Concentration Analysis

PEIBX Category Low Category High PEIBX % Rank
Net Assets 873 M 2.87 M 73.9 B 30.78%
Number of Holdings 403 1 14000 24.81%
Net Assets in Top 10 119 M -317 M 8.64 B 27.80%
Weighting of Top 10 13.59% 2.4% 100.0% 74.07%

Top 10 Holdings

  1. 5 Year Treasury Note Future June 21 5.64%
  2. 5 Year Treasury Note Future June 21 5.64%
  3. 5 Year Treasury Note Future June 21 5.64%
  4. 5 Year Treasury Note Future June 21 5.64%
  5. 5 Year Treasury Note Future June 21 5.64%
  6. 5 Year Treasury Note Future June 21 5.64%
  7. 5 Year Treasury Note Future June 21 5.64%
  8. 5 Year Treasury Note Future June 21 5.64%
  9. 5 Year Treasury Note Future June 21 5.61%
  10. 5 Year Treasury Note Future June 21 5.61%

Asset Allocation

Weighting Return Low Return High PEIBX % Rank
Bonds
99.34% 0.00% 150.86% 52.02%
Cash
0.66% -50.86% 100.00% 47.12%
Stocks
0.00% -0.03% 4.63% 28.59%
Preferred Stocks
0.00% -1.79% 0.04% 24.49%
Other
0.00% -13.03% 30.01% 25.53%
Convertible Bonds
0.00% 0.00% 0.93% 24.58%

Bond Sector Breakdown

Weighting Return Low Return High PEIBX % Rank
Municipal
99.27% 0.00% 100.00% 49.25%
Cash & Equivalents
0.66% 0.00% 100.00% 50.61%
Government
0.07% 0.00% 52.02% 4.22%
Derivative
0.00% 0.00% 21.68% 23.27%
Securitized
0.00% 0.00% 5.93% 25.76%
Corporate
0.00% 0.00% 9.99% 38.37%

Bond Geographic Breakdown

Weighting Return Low Return High PEIBX % Rank
US
99.20% 0.00% 142.23% 33.42%
Non US
0.14% 0.00% 62.14% 58.23%

PEIBX - Expenses

Operational Fees

PEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.37% 0.02% 3.60% 14.29%
Management Fee 0.42% 0.00% 1.10% 45.56%
12b-1 Fee 0.85% 0.00% 1.00% 76.00%
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

PEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load 5.00% 0.25% 5.50% 1.16%

Trading Fees

PEIBX 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.

PEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 283.00% 30.16%

PEIBX - Distributions

Dividend Yield Analysis

PEIBX Category Low Category High PEIBX % Rank
Dividend Yield 2.16% 0.00% 35.27% 43.77%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PEIBX Category Low Category High PEIBX % Rank
Net Income Ratio 1.46% -0.53% 24.00% 73.06%

Capital Gain Distribution Analysis

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

Distributions History

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PEIBX - 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 7.22 1.58