PCTEX
Putnam California Tax Exempt Income Fund
Putnam California Tax Exempt Income Fund

Average annual returns

Through 2024
1 year
2.64%
3 year
-0.51%
5 year
1.14%
10 year
2.32%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

75 months through Sept. 30, 2025
Volatility (ann.)
7.62%
Sharpe
0.68
Sortino
1.48
Max drawdown
-17.35%
Best month
7.42%
Worst month
-5.37%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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