PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND II
NSAR-A, 1995-01-27
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<PAGE>      PAGE  1
000 A000000 11/30/94
000 C000000 0000792288
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME II
001 B000000 811-4518
001 C000000 6172921000
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
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007 C010700  7
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008 A000001 PUTNAM INVESTMENT MANAGEMENT, INC.
008 B000001 A
008 C000001 801-801-74
008 D010001 BOSTON
008 D020001 MA
008 D030001 02109
011 A000001 PUTNAM MUTUAL FUNDS CORP.
011 B000001 8-5088
011 C010001 BOSTON
011 C020001 MA
011 C030001 02109
012 A000001 PUTNAM INVESTOR SERVICES
012 B000001 84-401299
012 C010001 BOSTON
012 C020001 MA
012 C030001 02109
018  000000 Y
019 A000000 Y
019 B000000   82
<PAGE>      PAGE  2
019 C000000 PUTNAMFUND
020 A000001 DEAN WITTER REYNOLDS INC
020 B000001 94-1671384
020 C000001      6
020 A000002 RAND FINANCIAL SERVICES
020 B000002 36-3849442
020 C000002      1
020 A000003 SCOTT AND STRINGFELLOW
020 C000003      1
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        8
022 A000001 GOLDMAN SACHS & CO
022 B000001 13-5108880
022 C000001     23683
022 D000001      1467
022 A000002 SHAWMUT BANK
022 B000002 04-1654298
022 C000002      7623
022 D000002     13021
022 A000003 BEAR STERNS & CO
022 B000003 13-4946705
022 C000003     10994
022 D000003      8775
022 A000004 PRUDENTIAL SECURITIES
022 B000004 22-2347336
022 C000004      4618
022 D000004     13108
022 A000005 GREENWICH PARTNERS
022 B000005 13-3176013
022 C000005     12397
022 D000005      5050
022 A000006 MERRILL LYNCH
022 B000006 13-5674085
022 C000006      5910
022 D000006     10887
022 A000007 WILLIAM E SIMON AND SONS INC
022 B000007 22-3017217
022 C000007      8173
022 D000007      6891
022 A000008 KIDDER PEABODY
022 B000008 13-5650440
022 C000008       310
022 D000008     11931
022 A000009 HERBERT J SIMS
022 C000009     11406
<PAGE>      PAGE  3
022 D000009         0
022 A000010 FIRST BOSTON CO
022 B000010 13-5659485
022 C000010      6503
022 D000010      4371
023 C000000     148458
023 D000000      97118
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028 A010000      5413
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<PAGE>      PAGE  6
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SIGNATURE   GORDON H. SILVER                             
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM Putnam
Massachusetts Tax Exempt Income Fund II Class A  AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                                 <C>
<PERIOD-TYPE>                                      SEMI
<FISCAL-YEAR-END>                           MAY-30-1994
<PERIOD-END>                                NOV-30-1994
<INVESTMENTS-AT-COST>                       263,679,104
<INVESTMENTS-AT-VALUE>                      251,105,051
<RECEIVABLES>                                 9,422,283
<ASSETS-OTHER>                                   88,335
<OTHER-ITEMS-ASSETS>                                  0
<TOTAL-ASSETS>                              260,615,669
<PAYABLE-FOR-SECURITIES>                      4,101,120
<SENIOR-LONG-TERM-DEBT>                               0
<OTHER-ITEMS-LIABILITIES>                     2,079,818
<TOTAL-LIABILITIES>                           6,180,938
<SENIOR-EQUITY>                                       0
<PAID-IN-CAPITAL-COMMON>                    274,325,259
<SHARES-COMMON-STOCK>                        26,542,380
<SHARES-COMMON-PRIOR>                        27,006,382
<ACCUMULATED-NII-CURRENT>                             0
<OVERDISTRIBUTION-NII>                        (130,859)
<ACCUMULATED-NET-GAINS>                     (7,185,616)
<OVERDISTRIBUTION-GAINS>                              0
<ACCUM-APPREC-OR-DEPREC>                   (12,574,053)
<NET-ASSETS>                                254,434,731
<DIVIDEND-INCOME>                                     0
<INTEREST-INCOME>                             9,509,687
<OTHER-INCOME>                                        0
<EXPENSES-NET>                                1,338,576
<NET-INVESTMENT-INCOME>                       8,171,111
<REALIZED-GAINS-CURRENT>                    (7,131,007)
<APPREC-INCREASE-CURRENT>                  (12,785,878)
<NET-CHANGE-FROM-OPS>                      (11,652,956)
<EQUALIZATION>                                        0
<DISTRIBUTIONS-OF-INCOME>                   (7,414,705)
<DISTRIBUTIONS-OF-GAINS>                              0
<DISTRIBUTIONS-OTHER>                                 0
<NUMBER-OF-SHARES-SOLD>                       2,169,964
<NUMBER-OF-SHARES-REDEEMED>                 (3,117,142)
<SHARES-REINVESTED>                             483,179
<NET-CHANGE-IN-ASSETS>                      (3,805,535)
<ACCUMULATED-NII-PRIOR>                               0
<ACCUMULATED-GAINS-PRIOR>                             0
<OVERDISTRIB-NII-PRIOR>                       (118,519)
<OVERDIST-NET-GAINS-PRIOR>                            0
<GROSS-ADVISORY-FEES>                           807,701
<INTEREST-EXPENSE>                                    0
<GROSS-EXPENSE>                               1,404,055
<AVERAGE-NET-ASSETS>                        245,520,136
<PER-SHARE-NAV-BEGIN>                              9.05
<PER-SHARE-NII>                                     .27
<PER-SHARE-GAIN-APPREC>                           (.64)
<PER-SHARE-DIVIDEND>                              (.27)
<PER-SHARE-DISTRIBUTIONS>                             0
<RETURNS-OF-CAPITAL>                                  0
<PER-SHARE-NAV-END>                                8.41
<EXPENSE-RATIO>                                     .46
<AVG-DEBT-OUTSTANDING>                                0
<AVG-DEBT-PER-SHARE>                                  0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM Putnam
Massachusetts Tax Exempt Income Fund II Class B  AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                                 <C>
<PERIOD-TYPE>                                      SEMI
<FISCAL-YEAR-END>                           MAY-30-1994
<PERIOD-END>                                NOV-30-1994
<INVESTMENTS-AT-COST>                       263,679,104
<INVESTMENTS-AT-VALUE>                      251,105,051
<RECEIVABLES>                                 9,422,283
<ASSETS-OTHER>                                   88,335
<OTHER-ITEMS-ASSETS>                                  0
<TOTAL-ASSETS>                              260,615,669
<PAYABLE-FOR-SECURITIES>                      4,101,120
<SENIOR-LONG-TERM-DEBT>                               0
<OTHER-ITEMS-LIABILITIES>                     2,079,818
<TOTAL-LIABILITIES>                           6,180,938
<SENIOR-EQUITY>                                       0
<PAID-IN-CAPITAL-COMMON>                    274,325,259
<SHARES-COMMON-STOCK>                         3,729,643
<SHARES-COMMON-PRIOR>                         2,542,905
<ACCUMULATED-NII-CURRENT>                             0
<OVERDISTRIBUTION-NII>                        (130,859)
<ACCUMULATED-NET-GAINS>                     (7,185,616)
<OVERDISTRIBUTION-GAINS>                              0
<ACCUM-APPREC-OR-DEPREC>                   (12,574,053)
<NET-ASSETS>                                254,434,731
<DIVIDEND-INCOME>                                     0
<INTEREST-INCOME>                             9,509,687
<OTHER-INCOME>                                        0
<EXPENSES-NET>                                1,338,576
<NET-INVESTMENT-INCOME>                       8,171,111
<REALIZED-GAINS-CURRENT>                    (7,131,007)
<APPREC-INCREASE-CURRENT>                  (12,785,878)
<NET-CHANGE-FROM-OPS>                      (11,652,956)
<EQUALIZATION>                                        0
<DISTRIBUTIONS-OF-INCOME>                     (768,746)
<DISTRIBUTIONS-OF-GAINS>                              0
<DISTRIBUTIONS-OTHER>                                 0
<NUMBER-OF-SHARES-SOLD>                       1,352,089
<NUMBER-OF-SHARES-REDEEMED>                   (219,804)
<SHARES-REINVESTED>                              54,453
<NET-CHANGE-IN-ASSETS>                       10,540,609
<ACCUMULATED-NII-PRIOR>                               0
<ACCUMULATED-GAINS-PRIOR>                             0
<OVERDISTRIB-NII-PRIOR>                       (118,519)
<OVERDIST-NET-GAINS-PRIOR>                            0
<GROSS-ADVISORY-FEES>                           807,701
<INTEREST-EXPENSE>                                    0
<GROSS-EXPENSE>                               1,404,055
<AVERAGE-NET-ASSETS>                         27,922,574
<PER-SHARE-NAV-BEGIN>                              9.05
<PER-SHARE-NII>                                     .25
<PER-SHARE-GAIN-APPREC>                           (.65)
<PER-SHARE-DIVIDEND>                              (.25)
<PER-SHARE-DISTRIBUTIONS>                             0
<RETURNS-OF-CAPITAL>                                  0
<PER-SHARE-NAV-END>                                8.40
<EXPENSE-RATIO>                                     .79
<AVG-DEBT-OUTSTANDING>                                0
<AVG-DEBT-PER-SHARE>                                  0
        

</TABLE>


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