Putnam Short-Term Municipal Income Fund
Data updated: 2025-10-27
C000123516 — Putnam Short-Term Municipal Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Municipal - National Bond · $179.61M AUM · 0.61% expense ratio · 3.2% 1-yr return. From SEC regulatory filings.
C000123516 Fund Overview
Putnam Short-Term Municipal Income Fund is a US mutual fund managed by Putnam Funds Trust, categorised as Intermediate Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Putnam Funds Trust
- Category: Intermediate Municipal - National Bond
- Assets under management: $179.61M
- 1-year return: 3.2%
- SEC CIK: 0001005942
- SEC series ID: S000039833
- Share class ID: C000123516
C000123516 Holdings
Top 10 holdings of Putnam Short-Term Municipal Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Putnam Funds Trust | 3.34% |
| University of Arizona (The) | 1.84% |
| Polk County Housing Finance Authority | 1.68% |
| Knoxville's Community Development Corp. | 1.68% |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority | 1.67% |
| City of Dallas Housing Finance Corp. | 1.54% |
| El Paso Independent School District | 1.40% |
| California Housing Finance Agency | 1.40% |
| King County Housing Authority | 1.39% |
| Water Works Board of the City of Birmingham (The) | 1.39% |
C000123516 Portfolio Allocation
Asset-class allocation of Putnam Short-Term Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 96.7% |
| Other | 3.3% |
| Securitized | 0.7% |
C000123516 Performance
Total returns for C000123516 (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 3.2% |
| 3 years (annualised) | 3.3% |
| 5 years (annualised) | 1.7% |
C000123516 Risk Information
Risk metrics for C000123516, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.3%
C000123516 Costs and Fees
C000123516 costs about $61 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.61%
- Gross expense ratio: 0.72%
- Portfolio turnover: 38%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
C000123516 Cashflows
Over the 12 months to 2025-08, Putnam Short-Term Municipal Income Fund had net inflows of $3.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-08 | −$3.13M |
| 2025-07 | $10.55M |
| 2025-06 | $896.84K |
| 2025-05 | $7.18M |
| 2025-04 | $3.17M |
| 2025-03 | $708.67K |
C000123516 Debt Constituents
Largest debt holdings of Putnam Short-Term Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| University of Arizona (The) | 1.84% |
| Polk County Housing Finance Authority | 1.68% |
| Knoxville's Community Development Corp. | 1.68% |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority | 1.67% |
| City of Dallas Housing Finance Corp. | 1.54% |
| El Paso Independent School District | 1.40% |
| California Housing Finance Agency | 1.40% |
| King County Housing Authority | 1.39% |
| Water Works Board of the City of Birmingham (The) | 1.39% |
| Florida Housing Finance Corp. | 1.29% |
C000123516 Prospectus and SEC Filings
Official Putnam Short-Term Municipal Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.