C000123517 Performance — Putnam Short-Term Municipal Income Fund, Class B
Data updated: 2025-10-27
C000123517 returned +1.02% over one year to Feb 2022. Over one year the fund beat its Short-Term Municipal Bond category average: $100 grew to $101, against $100 for the category. Volatility over the past 12 months was 0.60% a year. In the 12 months to Aug 2025 the fund took in a net $3.9M, and assets reached $179.61M.
C000123517 Growth of $100
What $100 invested in Putnam Short-Term Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | C000123517 | Category average |
|---|---|---|
| 1 year (Jan 2021 – Feb 2022) | $101 | $100 |
| Since data start (Sep 2019 – Feb 2022) | $103 | $103 |
C000123517 Trailing Returns
Total returns to Feb 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.02% |
| 3 years (annualised) | +1.14% |
C000123517 Annual Returns
Calendar-year total returns of Putnam Short-Term Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Feb–Feb) | −0.04% |
| 2021 (Jan–Nov) | +1.06% |
| 2020 | +1.20% |
| 2019 (Sep–Dec) | +0.43% |
C000123517 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | — | 0.0% | — | — | — | — | — | — | — | — | — | — |
| 2021 | +0.4% | +0.2% | +0.1% | +0.2% | +0.1% | −0.1% | +0.2% | 0.0% | +0.1% | −0.1% | −0.3% | — |
| 2020 | +0.5% | +0.1% | +1.2% | −0.6% | −1.2% | +0.1% | +0.6% | +0.5% | +0.4% | 0.0% | +0.1% | −0.3% |
| 2019 | — | — | — | — | — | — | — | — | +0.1% | +0.2% | −0.2% | +0.3% |
C000123517 Risk
Risk measures from monthly returns over Jan 2021 – Feb 2022.
- 1-year volatility (annualised): 0.60%
- Best month: +0.35% (Jan 2021)
- Worst month: −0.27% (Nov 2021)
C000123517 Fund Flows
Monthly money in and out of Putnam Short-Term Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $3.9M
- 12-month gross sales (incl. reinvestments): $112.6M
- Sales ÷ redemptions: 1.04×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2025 | $3.1M | $6.3M | −$3.1M |
| Jul 2025 | $18.4M | $7.8M | $10.5M |
| Jun 2025 | $8.7M | $7.8M | $897K |
| May 2025 | $10.9M | $3.7M | $7.2M |
| Apr 2025 | $15.3M | $12.2M | $3.2M |
| Mar 2025 | $6.8M | $6.0M | $709K |
| Feb 2025 | $15.3M | $3.5M | $11.8M |
| Jan 2025 | $6.2M | $12.6M | −$6.4M |
| Dec 2024 | $7.6M | $7.0M | $616K |
| Nov 2024 | $8.0M | $3.1M | $4.9M |
| Oct 2024 | $6.6M | $14.1M | −$7.5M |
| Sep 2024 | $5.8M | $24.7M | −$19.0M |
C000123517 Assets Under Management
Net assets of Putnam Short-Term Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-08-31 | $179.61M |
| 2025-05-31 | $169.91M |
| 2025-02-28 | $159.99M |
| 2024-11-30 | $153.79M |
| 2024-08-31 | $175.61M |
| 2024-05-31 | $168.80M |
| 2024-02-29 | $161.31M |
| 2023-11-30 | $155.67M |
| 2023-08-31 | $137.76M |
| 2023-05-31 | $71.55M |
| 2023-02-28 | $75.96M |
| 2022-11-30 | $81.31M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.