{
  "page": "compare",
  "query": {
    "a": "PXMNX",
    "b": "PCTEX"
  },
  "retrieved_at": "2026-07-07T18:57:18+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Putnam Minnesota Tax Exempt Income Fund",
    "ticker": "PXMNX",
    "slug": "PXMNX",
    "series_id": "S000006218",
    "html_url": "https://fundwatcher.app/funds/PXMNX/"
  },
  "fund_b": {
    "name": "Putnam California Tax Exempt Income Fund",
    "ticker": "PCTEX",
    "slug": "PCTEX",
    "series_id": "S000005498",
    "html_url": "https://fundwatcher.app/funds/PCTEX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.01399849526973980123945487573",
    "coverage_b_by_a": "0.01399849526973980123945487573",
    "shared_count": 3,
    "as_of": {
      "a": "2025-08-31",
      "b": "2025-09-30"
    },
    "a_top": [
      {
        "name": "MINNESOTA ST HI 4% 10/1/2046",
        "value": "4389225.75",
        "weight": "0.02540581",
        "shared": false
      },
      {
        "name": "MINNEAPOLS MN 4% 11/15/2040",
        "value": "4167135.82",
        "weight": "0.02412031",
        "shared": false
      },
      {
        "name": "MN MUNI GAS AGY-A",
        "value": "4067149.60",
        "weight": "0.02354156",
        "shared": false
      },
      {
        "name": "State of Minnesota",
        "value": "3698664.55",
        "weight": "0.02140869",
        "shared": false
      },
      {
        "name": "MINNEAPOLIS MINN MULTIFAMILY REV",
        "value": "3552165.66",
        "weight": "0.02056072",
        "shared": false
      },
      {
        "name": "WSTRN MN MUNI PWR AGY",
        "value": "3511335.10",
        "weight": "0.02032439",
        "shared": false
      },
      {
        "name": "County of Hennepin MN",
        "value": "3195997.50",
        "weight": "0.01849914",
        "shared": false
      },
      {
        "name": "Hennepin County Regional Railroad Authority",
        "value": "3143115.00",
        "weight": "0.01819305",
        "shared": false
      },
      {
        "name": "State of Minnesota",
        "value": "3139840.80",
        "weight": "0.01817409",
        "shared": false
      },
      {
        "name": "State of Minnesota, Series 2014",
        "value": "3009914.70",
        "weight": "0.01742205",
        "shared": false
      },
      {
        "name": "ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11",
        "value": "2953913.88",
        "weight": "0.01709791",
        "shared": false
      },
      {
        "name": "Shakopee Independent School District No 720",
        "value": "2907883.85",
        "weight": "0.01683148",
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      },
      {
        "name": "MINNESOTA ST HGR EDU FACS AUTH REVENUE",
        "value": "2794983.40",
        "weight": "0.01617798",
        "shared": false
      },
      {
        "name": "MN AGRIC ECON DEVBRD",
        "value": "2495316.50",
        "weight": "0.01444344",
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      },
      {
        "name": "MINNEAPOLIS MN HLTH CARE SYS REVENUE",
        "value": "2290179.00",
        "weight": "0.01325606",
        "shared": false
      },
      {
        "name": "MINNESOTA ST HSG FIN AGY REGD B/E GNMA/FN 3.00000000",
        "value": "2178726.93",
        "weight": "0.01261095",
        "shared": false
      },
      {
        "name": "SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE",
        "value": "2175869.00",
        "weight": "0.01259441",
        "shared": false
      },
      {
        "name": "ST CLOUD_MN HLT 4% 5/1/2049",
        "value": "2137291.55",
        "weight": "0.01237112",
        "shared": false
      },
      {
        "name": "WAITE PARK MN",
        "value": "2134263.65",
        "weight": "0.01235359",
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      },
      {
        "name": "MINNEAPOLS MN 5% MT",
        "value": "2118870.80",
        "weight": "0.01226449",
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      },
      {
        "name": "Minneapolis-St. Paul, MN Metropolitan Airports Commission Rev. Refg. A",
        "value": "2116370.81",
        "weight": "0.01225002",
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      },
      {
        "name": "UNIV OF MN RGTS-A",
        "value": "2011651.00",
        "weight": "0.01164388",
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      {
        "name": "DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE",
        "value": "2001058.00",
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      },
      {
        "name": "MN MAC PORT REV 5% 1/1/2052",
        "value": "1997595.80",
        "weight": "0.01156253",
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      },
      {
        "name": "County of Wright MN",
        "value": "1955905.21",
        "weight": "0.01132121",
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      },
      {
        "name": "MN HGR EDU FACS-A",
        "value": "1928067.86",
        "weight": "0.01116008",
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      },
      {
        "name": "WADENA MN REVENUE",
        "value": "1900332.12",
        "weight": "0.01099954",
        "shared": false
      },
      {
        "name": "Rochester Independent School District No 535",
        "value": "1884531.01",
        "weight": "0.01090808",
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      },
      {
        "name": "GIBBON MN INDEP SCH DIST #2365",
        "value": "1873217.32",
        "weight": "0.01084260",
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      {
        "name": "ROCHSTR MN HLTH 4.375% 11/15/53",
        "value": "1834316.20",
        "weight": "0.01061743",
        "shared": false
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      {
        "name": "MINNESOTA ST HI 5% 10/1/2049",
        "value": "1821863.37",
        "weight": "0.01054535",
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      },
      {
        "name": "St Paul Port Authority",
        "value": "1811139.30",
        "weight": "0.01048328",
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      {
        "name": "Southern Minnesota Municipal Power Agency, Series 2017 A",
        "value": "1809386.57",
        "weight": "0.01047313",
        "shared": false
      },
      {
        "name": "RICE CNTY MN",
        "value": "1773279.20",
        "weight": "0.01026413",
        "shared": false
      },
      {
        "name": "MINNESOTA ST HGR EDU FACS AUTH REVENUE",
        "value": "1692133.20",
        "weight": "0.00979444",
        "shared": false
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      {
        "name": "Minneapolis Special School District No 1",
        "value": "1613448.37",
        "weight": "0.00933900",
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      {
        "name": "County of Wright MN",
        "value": "1578701.54",
        "weight": "0.00913787",
        "shared": false
      },
      {
        "name": "MOUNDS VIEW MN MF HSG",
        "value": "1510344.75",
        "weight": "0.00874221",
        "shared": false
      },
      {
        "name": "Richfield Independent School District No 280",
        "value": "1506600.90",
        "weight": "0.00872054",
        "shared": false
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      {
        "name": "St. Cloud (City of), MN (CentraCare Health System), Series 2016 A, Ref. RB",
        "value": "1487711.70",
        "weight": "0.00861120",
        "shared": false
      },
      {
        "name": "UNIV OF MINNESOTA MN",
        "value": "1481338.63",
        "weight": "0.00857432",
        "shared": false
      },
      {
        "name": "ST CLOUD-REF-REV",
        "value": "1476120.45",
        "weight": "0.00854411",
        "shared": false
      },
      {
        "name": "DULUTH ISD #709-B-REF",
        "value": "1467039.22",
        "weight": "0.00849155",
        "shared": false
      },
      {
        "name": "UNIV OF MINNESOTA MN",
        "value": "1424115.65",
        "weight": "0.00824310",
        "shared": false
      },
      {
        "name": "Dakota County Community Development Agency, Series 2024",
        "value": "1406501.78",
        "weight": "0.00814114",
        "shared": false
      },
      {
        "name": "DULUTH MN INDEP SCH DIST  709 DULEDU 03/32 FIXED 4",
        "value": "1383185.63",
        "weight": "0.00800618",
        "shared": false
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "1313923.65",
        "weight": "0.00760528",
        "shared": false
      },
      {
        "name": "Township of Baytown, Series 2016 A",
        "value": "1282101.26",
        "weight": "0.00742109",
        "shared": false
      },
      {
        "name": "MINNESOTA ST HGR EDU FACS AUTH REVENUE",
        "value": "1260287.10",
        "weight": "0.00729482",
        "shared": false
      },
      {
        "name": "Warren-Alvarado-Oslo Independent School District No 2176/MN",
        "value": "1197120.21",
        "weight": "0.00692920",
        "shared": false
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    ],
    "b_top": [
      {
        "name": "California State Public Works Board (TOBs)",
        "value": "12087781.82",
        "weight": "0.01861216",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 A, RB",
        "value": "10070397.00",
        "weight": "0.01550589",
        "shared": false
      },
      {
        "name": "CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45",
        "value": "9971921.00",
        "weight": "0.01535427",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2019-ML05 CL ACA 3.35000000",
        "value": "9547926.01",
        "weight": "0.01470142",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Senior Green Series 2022G",
        "value": "9147389.40",
        "weight": "0.01408469",
        "shared": false
      },
      {
        "name": "TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5",
        "value": "8847283.43",
        "weight": "0.01362261",
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      {
        "name": "New Hampshire Business Finance Authority, Series 4, Class A",
        "value": "8587016.74",
        "weight": "0.01322186",
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      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "8372567.25",
        "weight": "0.01289166",
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      },
      {
        "name": "Chabot-Las Positas Community College District, Series C",
        "value": "7454989.50",
        "weight": "0.01147882",
        "shared": false
      },
      {
        "name": "SAN DIEGO HSG AUTH-E",
        "value": "7407898.56",
        "weight": "0.01140631",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "7399096.40",
        "weight": "0.01139276",
        "shared": false
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      {
        "name": "M-S-R Energy Authority, Series A",
        "value": "7358870.40",
        "weight": "0.01133082",
        "shared": false
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      {
        "name": "San Francisco City & County Public Utilities Commission Power, Series 2023A",
        "value": "7281961.40",
        "weight": "0.01121240",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2022A",
        "value": "7186922.40",
        "weight": "0.01106606",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST STWD CMNTYS DEV REGD B/E 5.00000000",
        "value": "7084862.40",
        "weight": "0.01090892",
        "shared": false
      },
      {
        "name": "CHF-DAVIS II LLC BAM 3.0% 05-15-51",
        "value": "6875902.40",
        "weight": "0.01058717",
        "shared": false
      },
      {
        "name": "SWEETWATER UNION HIGH SCHOOL D SWESCD 08/52 FIXED 5",
        "value": "6829308.85",
        "weight": "0.01051543",
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      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "6752290.38",
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      },
      {
        "name": "NRTHRN CA ENRGY",
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      {
        "name": "CA ST MFA COP 5.25% 11/1/2052",
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      {
        "name": "State of California",
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      {
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      {
        "name": "LOS ANGELES DEPT OF W",
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      {
        "name": "Alameda Corridor Transportation Authority, Series 2022A",
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      {
        "name": "California Community Choice Financing Authority, Series F",
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      {
        "name": "CSCDA Community Improvement Authority, Series 2021 A-2",
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      {
        "name": "Long Beach (City of), CA Bond Finance Authority, Series 2007 A, RB",
        "value": "5338188.50",
        "weight": "0.00821948",
        "shared": false
      },
      {
        "name": "CSCDA Community Improvement Authority, Series A-2",
        "value": "5293881.84",
        "weight": "0.00815126",
        "shared": false
      },
      {
        "name": "CHF-RIVERSIDE I LLC 5.0% 05-15-43",
        "value": "5225181.39",
        "weight": "0.00804547",
        "shared": false
      },
      {
        "name": "California (State of) School Finance Authority (Green Dot Public Schools), Series 2018 A, RB",
        "value": "5204268.83",
        "weight": "0.00801327",
        "shared": false
      },
      {
        "name": "California Community Housing Agency, Series A-1",
        "value": "5184688.00",
        "weight": "0.00798312",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "5050197.00",
        "weight": "0.00777604",
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      },
      {
        "name": "California Infrastructure & Economic Development Bank, Series 2022 B",
        "value": "5022498.00",
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      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000",
        "value": "4935576.00",
        "weight": "0.00759955",
        "shared": false
      },
      {
        "name": "California County Tobacco Securitization Agency, Series 2014",
        "value": "4852984.00",
        "weight": "0.00747238",
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      },
      {
        "name": "SF BART/MTC 3% 8/1/49",
        "value": "4804550.24",
        "weight": "0.00739781",
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      },
      {
        "name": "Grays Harbor Public Hospital District 1, Washington, Revenue Bonds, Summit Pacific Medial Center Series 2023",
        "value": "4750781.90",
        "weight": "0.00731502",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "4674062.86",
        "weight": "0.00719689",
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      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2024-ML25 CL ACA V/R 3.54109800",
        "value": "4669437.25",
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      },
      {
        "name": "COLBURN SCHOOL (MPT) 1.75% 08-01-55",
        "value": "4534765.56",
        "weight": "0.00698241",
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      },
      {
        "name": "HUMANGOOD CALIFORNIA OBLIGATED GROUP 4.0% 10-01-44",
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      },
      {
        "name": "City of Los Angeles CA",
        "value": "4388005.28",
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      },
      {
        "name": "INDIO PUB FING AUTH-A",
        "value": "4324772.80",
        "weight": "0.00665907",
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      },
      {
        "name": "South Tahoe Joint Powers Financing Authority, Series 2023 A, RB",
        "value": "4284876.40",
        "weight": "0.00659764",
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      },
      {
        "name": "California (State of) Educational Facilities Authority (University of the Pacific), Series 2023, RB",
        "value": "4147046.80",
        "weight": "0.00638542",
        "shared": false
      },
      {
        "name": "California Community Housing Agency, Series 2020 A",
        "value": "4021399.26",
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        "shared": false
      },
      {
        "name": "California (State of) School Finance Authority (Granada Hills Charter Obligated Group), Series 2019, RB",
        "value": "4019614.96",
        "weight": "0.00618920",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO BAY-F1",
        "value": "3882803.16",
        "weight": "0.00597855",
        "shared": false
      },
      {
        "name": "Putnam Short Term Investment Fund, Class P",
        "value": "3843562.07",
        "weight": "0.00591813",
        "shared": true
      },
      {
        "name": "S TAHOE CA JT PWRS FING AUTH L STHPWR 10/48 FIXED 5.25",
        "value": "3773588.00",
        "weight": "0.00581038",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-25-003349",
      "as_of": "2025-08-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/794612/000207169125003349/0002071691-25-003349-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-25-006482",
      "as_of": "2025-09-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/711402/000207169125006482/0002071691-25-006482-index.htm"
    }
  ]
}