Putnam Tax Financials
| PTECX Fund | USD 7.77 0.08 1.02% |
Putnam |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Putnam Tax Fund Summary
Putnam Tax competes with Putnam Equity, Putnam Tax, Putnam Floating, Putnam High, and Putnam Floating. The fund invests mainly in bonds that pay interest that is exempt from federal income tax , which are investment-grade in quality, and have intermediate- to long-term maturities . It invests at least 80 percent of its net assets in tax-exempt investments, which for purposes of this policy exclude investments paying interest subject to the federal AMT for individuals.Specialization | Muni National Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Putnam Tax Exempt |
| Mutual Fund Family | Putnam |
| Mutual Fund Category | Muni National Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1581 |
| Currency | USD - US Dollar |
Putnam Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Tax's current stock value. Our valuation model uses many indicators to compare Putnam Tax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putnam Tax competition to find correlations between indicators driving Putnam Tax's intrinsic value. More Info.Putnam Tax Exempt is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 863.83 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putnam Tax's earnings, one of the primary drivers of an investment's value.Putnam Tax Exempt Systematic Risk
Putnam Tax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Putnam Tax volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Putnam Tax Exempt correlated with the market. If Beta is less than 0 Putnam Tax generally moves in the opposite direction as compared to the market. If Putnam Tax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam Tax Exempt is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam Tax is generally in the same direction as the market. If Beta > 1 Putnam Tax moves generally in the same direction as, but more than the movement of the benchmark.
Putnam Tax December 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Putnam Tax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Putnam Tax Exempt. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam Tax Exempt based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam Tax's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 1.78 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.3861 |
Other Information on Investing in Putnam Mutual Fund
Putnam Tax financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Tax security.
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