Investment Test Drive

PEIBX Putnam New York Tax Exempt Income Fund B

15 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund PEIBX Putnam New York Tax Exempt Income Fund B VNYTX Vanguard New York Long-Term Tax-Exempt Fund Inv NYF iShares New York Muni Bond ETF  
100% 98% 96%
Annual Fees
(1.38% Exp. Ratio)
(0.19% Exp. Ratio)
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.15% annual return
$12,476.01 $17,879.17 $17,559.52
Est. savings over 30 yrs +$5,403.16 +$5,083.52
As of 2/28/18
1 YR RETURN 1.77%
3 YR 1.35%
5 YR 1.43%
10 YR 3.49%
1 YR RETURN 2.80%
3 YR 2.60%
5 YR 2.99%
10 YR 4.67%
1 YR RETURN 1.79%
3 YR 1.85%
5 YR 2.21%
10 YR 4.26%
The Fund seeks a high level of current income exempt from federal, New York State and city income taxes as is believed to be consistent with preservation of capital.
The Fund seeks to provide current income that is exempt from both federal and New York personal income taxes. The Fund invests primarily in high-quality municipal bonds issued by New York State and local and regional governments.
The Fund seeks results that correspond generally to the price and yield performance, before fees and expenses, of the New York municipal bond sector of the U.S. municipal bond market as defined by the S&P New York Municipal Bond Index.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


Your Feedback has been sent successfully!