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PAZBX Putnam AZ Tax Exempt Income B

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Fund PAZBX Putnam AZ Tax Exempt Income B FSAZX Fidelity® Arizona Municipal Income GTFBX T. Rowe Price GA Tax-Free Bond  
Similarity
?
100% 98% 85%
Annual Fees
?
$158.22
(1.55% Exp. Ratio)
$56.14
(0.55% Exp. Ratio)
$55.12
(0.54% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$11,604.19 $15,714.00 $15,761.48
Est. savings over 30 yrs +$4,109.81 +$4,157.29
Return
As of 11/30/16
1 YR RETURN -0.96%
3 YR 2.75%
5 YR 2.41%
10 YR 2.91%
1 YR RETURN -0.29%
3 YR 4.11%
5 YR 3.73%
10 YR 3.96%
1 YR RETURN -0.42%
3 YR 3.86%
5 YR 3.59%
10 YR 3.72%
Description
The investment seeks as high a level of current income exempt from federal income tax and Arizona personal income tax as the advisor believes is consistent with preservation of capital. The fund invests mainly in bonds that pay interest that is exempt from federal income tax and Arizona personal income tax (but that may be subject to federal alternative minimum tax (AMT)), are investment-grade in quality, and have intermediate- to long-term maturities (i.e., three years or longer). It invests at least 80% of the fund's net assets in tax-exempt investments.
The investment seeks a high level of current income, exempt from federal income tax and Arizona personal income tax. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Arizona personal income taxes. It allocates assets across different market sectors and maturities. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.
The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and Georgia state income taxes. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds that pay interest exempt from federal and Georgia state income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Georgia state income taxes. It is non-diversified.

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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.

Similarity

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.

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