Putnam Michigan Tax Exempt Income Fund

Scorecard
3 / 5 Stars
Lipper
3 4 3 2 5
Zacks Investment Research
4 (Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

Fund Holdings

Asset Allocation

% Long % Net
Cash 3.99 3.99
Stocks 0.0 0.0
Bonds 96.01 96.01
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

% Net Assets
Michigan St Strategic Fd Ltd O Rev 5.75% 5.15
Michigan St Bldg Auth 6% 3.15
Kalamazoo Mich Hosp Fin Auth 5% 3.01
Michigan St Strategic Fd Ltd O Ltd Ob 7% 2.65
Marysville Mich Pub Schs Dist 5% 2.55
Michigan St Strategic Fd Ltd O Rev 5.25% 2.37
Roseville Mich Cmnty Schs Ref Go Sc 5% 2.31
Flat Rock Mich Cmnty Sch Dist 5% 2.25
Charles Stewart Mott Cmnty Col Cmnty 5% 2.15
Michigan St Hosp Fin Auth 5.25% 2.05

Bond Ratings (%)

Updated 12.31.2013

Sector PXMIX
AAA 4.39
AA 48.9
A 23.53
BBB 7.95
BB 1.49
B 2.02
Below B 0.0
Other 11.72