PTAEX Performance — Putnam Tax Exempt Income Fund, Class A
Data updated: 2025-12-12
PTAEX returned +0.21% over one year to Sep 2025. Over one year the fund beat its Long-Term Municipal Bond category average: $100 grew to $100, against $100 for the category. Volatility over the past 12 months was 5.36% a year. In the 12 months to Sep 2025 the fund lost a net $79.6M, and assets reached $518.32M.
PTAEX Growth of $100
What $100 invested in Putnam Tax Exempt Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | PTAEX | Category average |
|---|---|---|
| 1 year (Oct 2024 – Sep 2025) | $100 | $100 |
| 3 years (Oct 2022 – Sep 2025) | $117 | $114 |
| 5 years (Oct 2020 – Sep 2025) | $105 | $103 |
| Since data start (Jul 2019 – Sep 2025) | $109 | $108 |
PTAEX Trailing Returns
Total returns to Sep 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.21% |
3- and 5-year figures withheld: too few months to verify.
PTAEX Annual Returns
Calendar-year total returns of Putnam Tax Exempt Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Sep) | +1.69% |
| 2024 | +2.34% |
| 2023 | +7.32% |
| 2022 | −10.56% |
| 2021 | +2.14% |
| 2020 | +4.48% |
| 2019 (Jul–Dec) | +2.54% |
PTAEX 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 | −2.0% | +1.3% | +0.2% | −0.9% | −0.6% | +0.8% | −0.8% | +0.9% | +2.9% | — | — | — |
| 2024 | +0.3% | +0.1% | −0.1% | +1.9% | +0.2% | −1.3% | +1.3% | +0.4% | +1.0% | −1.5% | +1.8% | −1.7% |
| 2023 | +2.0% | −2.4% | +3.3% | +1.1% | −0.8% | +0.1% | −3.4% | −1.4% | +0.2% | +3.1% | +7.6% | −1.8% |
| 2022 | −3.3% | −0.7% | −2.7% | −2.6% | +1.5% | −3.5% | −4.3% | −2.6% | +3.1% | 0.0% | +6.0% | −1.5% |
| 2021 | +0.6% | −1.6% | +1.0% | +0.4% | +0.6% | +1.1% | −0.8% | −0.5% | +0.9% | 0.0% | +1.0% | −0.4% |
| 2020 | −5.7% | +1.6% | +1.8% | +2.1% | +3.5% | −2.6% | −0.2% | −0.3% | +2.1% | +0.9% | +1.9% | −0.3% |
| 2019 | — | — | — | — | — | — | −0.7% | +1.8% | +0.7% | +0.5% | +0.1% | +0.1% |
PTAEX Risk
Risk measures from monthly returns over Oct 2024 – Sep 2025.
- 1-year volatility (annualised): 5.36%
- Best month: +2.95% (Sep 2025)
- Worst month: −2.03% (Jan 2025)
PTAEX Fund Flows
Monthly money in and out of Putnam Tax Exempt Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$79.6M
- 12-month gross sales (incl. reinvestments): $68.5M
- Sales ÷ redemptions: 0.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2025 | $2.4M | $18.2M | −$15.8M |
| Aug 2025 | $3.7M | $14.3M | −$10.5M |
| Jul 2025 | $7.6M | $14.0M | −$6.4M |
| Jun 2025 | $4.4M | $10.5M | −$6.0M |
| May 2025 | $3.0M | $9.9M | −$6.9M |
| Apr 2025 | $6.3M | $11.2M | −$4.9M |
| Mar 2025 | $6.6M | $12.1M | −$5.4M |
| Feb 2025 | $3.9M | $6.5M | −$2.6M |
| Jan 2025 | $6.2M | $7.0M | −$752K |
| Dec 2024 | $8.7M | $19.4M | −$10.8M |
| Nov 2024 | $3.9M | $8.4M | −$4.5M |
| Oct 2024 | $11.7M | $16.7M | −$5.0M |
PTAEX Assets Under Management
Net assets of Putnam Tax Exempt Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-09-30 | $518.32M |
| 2025-06-30 | $539.91M |
| 2025-03-31 | $566.68M |
| 2024-12-31 | $583.60M |
| 2024-09-30 | $617.79M |
| 2024-06-30 | $615.15M |
| 2024-03-31 | $624.97M |
| 2023-12-31 | $632.03M |
| 2023-09-30 | $596.20M |
| 2023-06-30 | $646.71M |
| 2023-03-31 | $662.36M |
| 2022-12-31 | $653.81M |
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.