Fixed Income

PSMYX Putnam Short-Term Municipal Income Fund

Tax-advantaged income. Pursues income free from federal income tax with a portfolio of municipal bonds selected from many states and market sectors.
Focus on total return. Seeks to offer a competitive yield and the potential for price appreciation while striving to protect investors' capital through prudent security selection and active risk management.
High-quality, short-term portfolio. The national portfolio features a range of high-quality, short-term bonds that seek to provide tax-free income with lower interest-rate sensitivity.

Distributions & Tax

Distribution Frequency
Ex-Dividend Fund: This type of fund declares periodic dividends, which are paid to shareholders who own the fund as of a certain date - known as the "record date". After the record date, the fund is said to be trading "ex-dividend"(literally, without the dividend). An investor who buys shares during the interval between the record date and the payment of the dividend does not receive the dividend. A fund that's in the ex-dividend period is marked with an "x" in newspaper listings.

Daily Accrual Fund: This type of fund typically declares income dividends each day that its net asset value is calculated. These dividends remain in the fund until the designated reinvestment or payment date and are distributed to the shareholders, generally once a month, as additional shares or cash, respectively.: MonthlyThis fund is an Accrual fund.
Capital Gain Distributions: December

Rates and Yields Read important information about results and other investment disclosures

Taxable Equivalent Distribution Rate

As of 10/24/2025 (Updated Monthly)

26.03%

Distributions Per Share
Distributions with future dates are estimates and those figures are not final

10/24/2025

09/30/2025

08/29/2025

07/31/2025

06/30/2025

05/30/2025

04/30/2025

03/31/2025

02/28/2025

01/31/2025

Documents

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