PTFIX Performance — Putnam Strategic Intermediate Municipal Fund, Class B
Data updated: 2026-10-13
PTFIX returned +6.09% over one year to Oct 2024. Annualised returns are −0.32% over 3 years and +1.24% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $99, against $96 for the category, and to $106 over one year, against $104. Volatility over the past three years was 6.20% a year. In the 12 months to Jul 2026 the fund took in a net $385.6M, and assets reached $2.48B.
PTFIX Growth of $100
What $100 invested in Putnam Strategic Intermediate Municipal 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 | PTFIX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Oct 2024) | $106 | $104 |
| 3 years (Sep 2021 – Oct 2024) | $99 | $96 |
| 5 years (Sep 2019 – Oct 2024) | $106 | $102 |
| Since data start (Aug 2019 – Oct 2024) | $106 | $103 |
PTFIX Trailing Returns
Total returns to Oct 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.09% |
| 3 years (annualised) | −0.32% |
| 5 years (annualised) | +1.24% |
PTFIX Annual Returns
Calendar-year total returns of Putnam Strategic Intermediate Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Oct) | +7.12% |
| 2023 | +1.85% |
| 2022 | −6.16% |
| 2021 | −0.91% |
| 2020 | +1.50% |
| 2019 (Aug–Dec) | +3.30% |
PTFIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +5.1% | −0.9% | +0.1% | +0.1% | +0.8% | +1.3% | 0.0% | — | — | +0.6% | — | — |
| 2023 | +3.9% | −0.1% | +1.8% | −1.9% | +0.2% | +0.7% | −0.8% | −1.0% | −2.1% | −0.9% | −0.2% | +2.3% |
| 2022 | +0.7% | −2.5% | −2.7% | −0.6% | +2.1% | −1.4% | +1.2% | −0.8% | −3.0% | −1.9% | +2.6% | 0.0% |
| 2021 | +1.3% | +0.9% | +0.5% | −1.2% | +0.5% | +0.4% | +0.3% | −0.3% | −0.7% | −0.3% | −2.3% | +0.1% |
| 2020 | +0.1% | −2.9% | −5.3% | +1.5% | +2.1% | +1.8% | +3.3% | −0.2% | −0.1% | −0.1% | +0.9% | +0.8% |
| 2019 | — | — | — | — | — | — | — | 0.0% | −0.8% | +1.8% | +1.8% | +0.4% |
PTFIX Risk
Risk measures from monthly returns over Sep 2021 – Oct 2024.
- 3-year volatility (annualised): 6.20%
- 3-year Sharpe ratio: -0.78 (vs 4.5% risk-free rate)
- Best month: +5.13% (Jan 2024)
- Worst month: −3.05% (Sep 2022)
PTFIX Fund Flows
Monthly money in and out of Putnam Strategic Intermediate Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: $385.6M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 1.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $78.5M | $45.9M | $32.6M |
| Jun 2026 | $75.6M | $56.2M | $19.5M |
| May 2026 | $88.0M | $32.7M | $55.4M |
| Apr 2026 | $79.3M | $38.4M | $40.9M |
| Mar 2026 | $85.4M | $39.7M | $45.7M |
| Feb 2026 | $72.0M | $33.2M | $38.8M |
| Jan 2026 | $109.2M | $305.3M | −$196.1M |
| Dec 2025 | $100.2M | $36.1M | $64.2M |
| Nov 2025 | $70.1M | $33.2M | $37.0M |
| Oct 2025 | $219.2M | $41.8M | $177.3M |
| Sep 2025 | $88.4M | $41.7M | $46.7M |
| Aug 2025 | $78.2M | $54.5M | $23.7M |
PTFIX Assets Under Management
Net assets of Putnam Strategic Intermediate Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.48B |
| 2026-04-30 | $2.41B |
| 2026-01-31 | $2.29B |
| 2025-10-31 | $2.38B |
| 2025-07-31 | $2.06B |
| 2025-04-30 | $2.00B |
| 2025-01-31 | $1.85B |
| 2024-10-31 | $1.69B |
| 2024-07-31 | $1.49B |
| 2024-04-30 | $1.40B |
| 2024-01-31 | $1.30B |
| 2023-10-31 | $1.06B |
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.