C000123521 Performance — Putnam Intermediate-Term Municipal Income Fund, Class Y
Data updated: 2025-07-25
C000123521 returned +2.35% over one year to May 2025. Annualised returns are +2.17% over 3 years and +1.20% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $107, against $105 for the category, and to $102 over one year, against $102. Volatility over the past three years was 6.06% a year. In the 12 months to May 2025 the fund lost a net $5.8M, and assets reached $25.33M.
C000123521 Growth of $100
What $100 invested in Putnam Intermediate-Term Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | C000123521 | Category average |
|---|---|---|
| 1 year (Jun 2024 – May 2025) | $102 | $102 |
| 3 years (Jun 2022 – May 2025) | $107 | $105 |
| 5 years (Jun 2020 – May 2025) | $106 | $103 |
| Since data start (Sep 2019 – May 2025) | $107 | $103 |
C000123521 Trailing Returns
Total returns to May 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.35% |
| 3 years (annualised) | +2.17% |
| 5 years (annualised) | +1.20% |
C000123521 Annual Returns
Calendar-year total returns of Putnam Intermediate-Term Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–May) | −2.48% |
| 2024 | +6.07% |
| 2023 | +5.80% |
| 2022 | −8.04% |
| 2021 | +3.15% |
| 2020 | +2.19% |
| 2019 (Sep–Dec) | +1.02% |
C000123521 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.6% | −1.0% | −1.5% | −0.2% | −0.2% | — | — | — | — | — | — | — |
| 2024 | −0.1% | +2.6% | −0.3% | −1.2% | 0.0% | +0.9% | +0.9% | +1.2% | +1.4% | −1.4% | +0.9% | +1.1% |
| 2023 | +2.6% | +0.2% | −0.9% | −0.1% | +2.1% | −0.9% | +0.1% | +0.8% | +5.3% | −1.0% | −2.2% | 0.0% |
| 2022 | −2.3% | +0.1% | +1.3% | −2.2% | −2.5% | −1.7% | +2.3% | −1.2% | +4.0% | −0.5% | −3.2% | −2.1% |
| 2021 | +0.7% | +0.7% | +0.2% | +0.9% | +0.5% | −0.2% | +0.7% | +0.3% | +0.6% | −0.2% | −0.6% | −0.4% |
| 2020 | +1.4% | +0.3% | +3.0% | −1.8% | −2.9% | −0.1% | +1.4% | +1.1% | +1.4% | −0.2% | 0.0% | −1.2% |
| 2019 | — | — | — | — | — | — | — | — | +0.2% | +0.2% | −0.5% | +1.2% |
C000123521 Risk
Risk measures from monthly returns over Jun 2022 – May 2025.
- 3-year volatility (annualised): 6.06%
- 3-year Sharpe ratio: -0.38 (vs 4.5% risk-free rate)
- Best month: +5.26% (Sep 2023)
- Worst month: −3.17% (Nov 2022)
C000123521 Fund Flows
Monthly money in and out of Putnam Intermediate-Term Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.8M
- 12-month gross sales (incl. reinvestments): $7.6M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2025 | $327K | $287K | $41K |
| Apr 2025 | $477K | $544K | −$68K |
| Mar 2025 | $444K | $243K | $201K |
| Feb 2025 | $797K | $789K | $7K |
| Jan 2025 | $426K | $424K | $3K |
| Dec 2024 | $273K | $219K | $54K |
| Nov 2024 | $510K | $1.3M | −$745K |
| Oct 2024 | $249K | $229K | $21K |
| Sep 2024 | $770K | $218K | $552K |
| Aug 2024 | $471K | $815K | −$344K |
| Jul 2024 | $414K | $700K | −$286K |
| Jun 2024 | $2.5M | $7.8M | −$5.3M |
C000123521 Assets Under Management
Net assets of Putnam Intermediate-Term Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-05-31 | $25.33M |
| 2025-02-28 | $25.88M |
| 2024-11-30 | $25.86M |
| 2024-08-31 | $26.00M |
| 2024-05-31 | $31.22M |
| 2024-02-29 | $31.68M |
| 2023-11-30 | $28.50M |
| 2023-08-31 | $34.90M |
| 2023-05-31 | $35.54M |
| 2023-02-28 | $34.17M |
| 2022-11-30 | $33.13M |
| 2022-08-31 | $34.40M |
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.