PCTCX — Putnam California Tax Exempt Income Fund
Data updated: 2025-12-12
PCTCX — Putnam California Tax Exempt Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $636.51M AUM · 1.63% expense ratio · -1.3% 1-yr return. From SEC regulatory filings.
PCTCX Fund Overview
PCTCX — Putnam California Tax Exempt Income Fund is a US mutual fund managed by Putnam California Tax Exempt Income Fund, categorised as Long 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 California Tax Exempt Income Fund
- Category: Long Municipal - National Bond
- Assets under management: $636.51M
- 1-year return: -1.3%
- Ticker: PCTCX
- SEC CIK: 0000711402
- SEC series ID: S000005498
- Share class ID: C000014971
PCTCX Holdings
Top 10 holdings of Putnam California Tax Exempt Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| California State Public Works Board | 1.90% |
| City of Los Angeles | 1.58% |
| California Pollution Control Financing Authority | 1.57% |
| FHLMC Multifamily ML Certificates | 1.50% |
| City of Los Angeles | 1.44% |
| Tobacco Securitization Authority of Southern California | 1.39% |
| New Hampshire Business Finance Authority | 1.35% |
| California Community Choice Financing Authority | 1.32% |
| Chabot-Las Positas Community College District | 1.17% |
| San Diego Housing Authority, Inc. | 1.16% |
PCTCX Portfolio Allocation
Asset-class allocation of Putnam California Tax Exempt Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.6% |
| Securitized | 1.6% |
| Other | 0.6% |
| Cash & Equivalents | 0.2% |
PCTCX Performance
Total returns for PCTCX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.3% |
| 3 years (annualised) | 4.4% |
| 5 years (annualised) | 0.0% |
PCTCX Risk Information
Risk metrics for PCTCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.4%
PCTCX Costs and Fees
PCTCX costs about $163 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.63%
- Gross expense ratio: 1.63%
- Portfolio turnover: 30%
- Brokerage commissions: 0.07 bps of average net assets (SEC N-CEN)
PCTCX Cashflows
Over the 12 months to 2025-09, Putnam California Tax Exempt Income Fund had net outflows of $93.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-09 | −$15.04M |
| 2025-08 | −$20.82M |
| 2025-07 | −$13.85M |
| 2025-06 | −$2.79M |
| 2025-05 | −$2.80M |
| 2025-04 | −$3.09M |
PCTCX Debt Constituents
Largest debt holdings of Putnam California Tax Exempt Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| California State Public Works Board | 1.90% |
| City of Los Angeles | 1.58% |
| California Pollution Control Financing Authority | 1.57% |
| City of Los Angeles | 1.44% |
| Tobacco Securitization Authority of Southern California | 1.39% |
| New Hampshire Business Finance Authority | 1.35% |
| California Community Choice Financing Authority | 1.32% |
| Chabot-Las Positas Community College District | 1.17% |
| San Diego Housing Authority, Inc. | 1.16% |
| California Municipal Finance Authority | 1.16% |
PCTCX Prospectus and SEC Filings
Official Putnam California Tax Exempt Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long 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.