PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND II
NSAR-B, 1996-07-30
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<PAGE>      PAGE  1
000 B000000 05/31/96
000 C000000 0000792288
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME
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
007 C010100  1
007 C010200  2
007 C010300  3
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007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
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
013 A000001 PRICE WATERHOUSE LLP
013 B010001 BOSTON
013 B020001 MA
<PAGE>      PAGE  2
013 B030001 02110
015 A000001 PUTNAM FIDUCIARY TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   98
019 C000000 PUTNAMFUND
020 A000001 RAND FINANCIAL SERVICES
020 B000001 36-3849442
020 C000001      8
020 A000002 SCOTT BALDWIN
020 B000002 31-9581870
020 C000002      4
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       12
022 A000001 LEHMAN BROTHERS
022 B000001 13-2518466
022 C000001     23019
022 D000001     19617
022 A000002 WILLIAM E. SIMON & SONS, INC.
022 B000002 22-3017217
022 C000002     24438
022 D000002     10087
022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000003 13-5674085
022 C000003     13318
022 D000003     13740
022 A000004 PAINWEBBER INC.
022 B000004 13-2638166
022 C000004     10145
022 D000004     10699
022 A000005 MORGAN STANLEY INC.
022 B000005 13-2655998
022 C000005     10873
022 D000005      8376
022 A000006 BEAR STERNS & CO.
022 B000006 13-4946705
022 C000006      6662
022 D000006      7926
022 A000007 SMITH, BARNEY, HARRIS, UPHAM & CO.
<PAGE>      PAGE  3
022 B000007 13-1912900
022 C000007      5837
022 D000007      3914
022 A000008 PRUDENTIAL SECURITIES INC.
022 B000008 22-2347336
022 C000008      8883
022 D000008       599
022 A000009 EDWARDS (A.G.) & SONS INC.
022 B000009 43-0895477
022 C000009      1384
022 D000009      7143
022 A000010 FIRST ALBANY CORP.
022 B000010 14-1391446
022 C000010      3854
022 D000010      2422
023 C000000     136445
023 D000000      92203
024  000000 N
025 D000001       0
025 D000002       0
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026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
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026 H000000 N
027  000000 Y
028 A010000      7357
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028 B020000       862
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028 B040000      6233
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028 C020000       785
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028 C040000      6195
028 D010000      8946
028 D020000       904
028 D030000         0
<PAGE>      PAGE  4
028 D040000      8743
028 E010000     14776
028 E020000       880
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028 G020000      5121
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028 G040000     42100
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030 A000000    876
030 B000000  4.75
030 C000000  3.25
031 A000000     84
031 B000000      0
032  000000    792
033  000000      0
034  000000 Y
035  000000    167
036 A000000 N
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037  000000 N
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048 C020000 0.450
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<PAGE>      PAGE  5
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048 K020000 0.400
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054 B000000 Y
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
SIGNATURE   PAUL BUCUVALAS                               
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 Class A AND IS QUALIFIED IN ITS 
ENTIRETY BY REFERENCE TO SUCH 
FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>                         YEAR	
<FISCAL-YEAR-END>	MAY-31-1996
<PERIOD-END>	MAY-31-1996
<INVESTMENTS-AT-COST >312,230,933	
<INVESTMENTS-AT-VALUE>	321,318,399
<RECEIVABLES>	6,912,800
<ASSETS-OTHER>	309,108
<OTHER-ITEMS-ASSETS>	0
<TOTAL-ASSETS>	328,540,307
<PAYABLE-FOR-SECURITIES>	0
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	1,778,825
<TOTAL-LIABILITIES>	1,778,825
<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	325,212,746
<SHARES-COMMON-STOCK>	28,531,442
<SHARES-COMMON-PRIOR>	27,274,597
<ACCUMULATED-NII-CURRENT>	93,750
<OVERDISTRIBUTION-NII>	0
<ACCUMULATED-NET-GAINS>	0
<OVERDISTRIBUTION-GAINS>	(7,514,586)
<ACCUM-APPREC-OR-DEPREC>	8,969,572
<NET-ASSETS>	326,761,482
<DIVIDEND-INCOME>	0
<INTEREST-INCOME>	20,853,311
<OTHER-INCOME>	0
<EXPENSES-NET>	3,006,945
<NET-INVESTMENT-INCOME>	17,846,366
<REALIZED-GAINS-CURRENT>	873,800
<APPREC-INCREASE-CURRENT>	(4,662,141)
<NET-CHANGE-FROM-OPS>	14,058,025
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(14,858,958)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	7,159,447
<NUMBER-OF-SHARES-REDEEMED>	(6,805,725)
<SHARES-REINVESTED>	903,123
<NET-CHANGE-IN-ASSETS>	27,953,093
<ACCUMULATED-NII-PRIOR>	0
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	(98,234)
<OVERDIST-NET-GAINS-PRIOR>	(8,348,121)
<GROSS-ADVISORY-FEES>	1,885,492
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	3,365,159
<AVERAGE-NET-ASSETS>	314,148,880
<PER-SHARE-NAV-BEGIN>	9.21
<PER-SHARE-NII>	.54
<PER-SHARE-GAIN-APPREC>	(.10)
<PER-SHARE-DIVIDEND>	0
<PER-SHARE-DISTRIBUTIONS>	(.54)
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	9.11
<EXPENSE-RATIO>	.95
<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 Class B AND IS QUALIFIED IN ITS ENTIRETY 
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>                         YEAR	
<FISCAL-YEAR-END>	MAY-31-1996
<PERIOD-END>	MAY-31-1996
<INVESTMENTS-AT-COST >312,230,933	
<INVESTMENTS-AT-VALUE>	321,318,399
<RECEIVABLES>	6,912,800
<ASSETS-OTHER>	309,108
<OTHER-ITEMS-ASSETS>	0
<TOTAL-ASSETS>	328,540,307
<PAYABLE-FOR-SECURITIES>	0
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	1,778,825
<TOTAL-LIABILITIES>	1,778,825
<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	325,212,746
<SHARES-COMMON-STOCK>	7,199,958
<SHARES-COMMON-PRIOR>	5,169,525
<ACCUMULATED-NII-CURRENT>	93,750
<OVERDISTRIBUTION-NII>	0
<ACCUMULATED-NET-GAINS>	0
<OVERDISTRIBUTION-GAINS>	(7,514,586)
<ACCUM-APPREC-OR-DEPREC>	8,969,572
<NET-ASSETS>	326,761,482
<DIVIDEND-INCOME>	0
<INTEREST-INCOME>	20,853,311
<OTHER-INCOME>	0
<EXPENSES-NET>	3,006,945
<NET-INVESTMENT-INCOME>	17,846,366
<REALIZED-GAINS-CURRENT>	873,800
<APPREC-INCREASE-CURRENT>	(4,662,141)
<NET-CHANGE-FROM-OPS>	14,058,025
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(2,875,759)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	3,039,068
<NUMBER-OF-SHARES-REDEEMED>	(1,196,103)
<SHARES-REINVESTED>	187,468
<NET-CHANGE-IN-ASSETS>	27,953,093
<ACCUMULATED-NII-PRIOR>	0
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	(98,234)
<OVERDIST-NET-GAINS-PRIOR>	(8,348,121)
<GROSS-ADVISORY-FEES>	1,885,492
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	3,365,159
<AVERAGE-NET-ASSETS>	314,148,880
<PER-SHARE-NAV-BEGIN>	9.20
<PER-SHARE-NII>	.48
<PER-SHARE-GAIN-APPREC>	(.11)
<PER-SHARE-DIVIDEND>	0
<PER-SHARE-DISTRIBUTIONS>(.47)
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	9.10
<EXPENSE-RATIO>	1.60
<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 Class M AND IS QUALIFIED IN ITS ENTIRETY 
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>                         YEAR	
<FISCAL-YEAR-END>	MAY-31-1996
<PERIOD-END>	MAY-31-1996
<INVESTMENTS-AT-COST >312,230,933	
<INVESTMENTS-AT-VALUE>	321,318,399
<RECEIVABLES>	6,912,800
<ASSETS-OTHER>	309,108
<OTHER-ITEMS-ASSETS>	0
<TOTAL-ASSETS>	328,540,307
<PAYABLE-FOR-SECURITIES>	0
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	1,778,825
<TOTAL-LIABILITIES>	1,778,825
<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	325,212,746
<SHARES-COMMON-STOCK>	141,683
<SHARES-COMMON-PRIOR>	2,345
<ACCUMULATED-NII-CURRENT>	93,750
<OVERDISTRIBUTION-NII>	0
<ACCUMULATED-NET-GAINS>	0
<OVERDISTRIBUTION-GAINS>	(7,514,586)
<ACCUM-APPREC-OR-DEPREC>	8,969,572
<NET-ASSETS>	326,761,482
<DIVIDEND-INCOME>	0
<INTEREST-INCOME>	20,853,311
<OTHER-INCOME>	0
<EXPENSES-NET>	3,006,945
<NET-INVESTMENT-INCOME>	17,846,366
<REALIZED-GAINS-CURRENT>	873,800
<APPREC-INCREASE-CURRENT>	(4,662,141)
<NET-CHANGE-FROM-OPS>	14,058,025
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(32,748)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	145,572
<NUMBER-OF-SHARES-REDEEMED>	(8,040)
<SHARES-REINVESTED>	1,806
<NET-CHANGE-IN-ASSETS>	27,953,093
<ACCUMULATED-NII-PRIOR>	0
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	(98,234)
<OVERDIST-NET-GAINS-PRIOR>	(8,348,121)
<GROSS-ADVISORY-FEES>	1,885,492
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	3,365,159
<AVERAGE-NET-ASSETS>	314,148,880
<PER-SHARE-NAV-BEGIN>	9.21
<PER-SHARE-NII>	.51
<PER-SHARE-GAIN-APPREC>	(.11)
<PER-SHARE-DIVIDEND>	0
<PER-SHARE-DISTRIBUTIONS>	(.51)
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	9.10
<EXPENSE-RATIO>	1.24
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0
        


</TABLE>


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