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Morningstar

Putnam NY Tax Exempt Income R6 PNYRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.95  /  −0.24 %
  • Total Assets 769.7 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.33%
  • Effective Duration 8.83 years

USD | NAV as of Jul 01, 2024 | 1-Day Return as of Jul 01, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PNYRX

Will PNYRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PNYRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PNYRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PNYRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Putnam NY Tax Exempt Income R6 to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings PNYRX

More PNYRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

3.83 29.1 Mil
Cash and Equivalents

NEW YORK LIBERTY DEV CORP LIBERTY REV 3%

3.01 22.9 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

2.10 16.0 Mil
municipal

TSASC INC N Y 5%

2.06 15.7 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

1.94 14.8 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.92 14.6 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5%

1.46 11.1 Mil
municipal

NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5%

1.42 10.8 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25%

1.42 10.8 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

1.37 10.4 Mil
municipal