Putnam AMT - Free Insured Municipal A One Post Office Sq Boston MA 02109 Map
Phone: 800-225-1581
| Category: | Muni National Long | | Fund Family: | Putnam | | Net Assets: | 267.28M | | Year-to-Date Return: | 0.79% | | Yield: | 3.95% | | Morningstar Rating: |  | | Fund Inception Date: | 20-Sep-93 |
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Thalia Meehan
Lead Manager since
13-Oct-06 | | | Meehan is a managing director and team leader of the Tax Exempt team. In addition to managing Putnams Tax Exempt team, she is a portfolio leader of the Tax Exempt Income Fund, the AMT-Free Insured Municipal Fund, and all state funds, including closed-end funds. Ms. Meehan, who joined Putnams Tax Exempt Bond Group in 1989, has 24 years of investment industry experience. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks current income exempt from federal income tax. The fund normally invests at least 80% of assets in tax-exempt securities. It usually invests in bonds that are rated AAA or the equivalent. The advisors of the fund generally try to invest so that at least 80% of the fund's tax-exempt investments will be insured as to payment of principal and interest in the event of default. |
| Last Dividend
(28-Aug-08):
| 0.05 | | Last Cap Gain
(24-Dec-07):
| 0.02 | | Annual Holdings Turnover
| 19.00% | | Average for Category:
| 45.90% |
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| Expense | PPNAX | Category Avg | | Total Expense Ratio: | 0.85%
| 1.09% | | Max 12b1 Fee: | 0.21%
| N/A | | Max Front End Sales Load: | 4.00%
| 4.35% | | Max Deferred Sales Load: | 0.00%
| 2.66% | | 3 Yr Expense Projection*: |
$660 | $555 | | 5 Yr Expense Projection*: |
$852 | $801 | | 10 Yr Expense Projection*: |
$1,407 | $1,497 |
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