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Putnam Municipal Opportunities Trust (PMO)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of Nov. 8, 2024
Current
Market Price $10.46 (+ $0.10)
NAV (Nov. 8, 2024) $11.49 (+ $0.15)
Fund Listed NYSE
Premium / Discount -8.96% (-0.32%)
Fund Info
Inception May 28, 1993
Sponsor Putnam Investment Management
Website https://www.putnam.com...
Phone 1-800-225-1581
NAV Symbol XPMOX
Location Massachusetts
Incorporated Massachusetts
Staggered Board No
Term Date N/A
Objective: High current tax-free income and capital preservation by investing primarily in levered portfolio of municipal bonds.
Related Indexes
National Municipal Bond Index
Capital & Leverage
Outstanding Shares 31,059,691
Total Assets (Reported: April 30, 2024) $498M
Estimated Total Assets $464M
Net Assets $357M
Market Cap $325M
Portfolio Turnover 51.00%
Total Leverage 23.07%
Structural Leverage (out of total) 94.80%
Portfolio Leverage (out of total) 5.20%
Expense Ratio 3.26%
Non Lev Exp Ratio 0.71%
Rel Lev Cost 7.70%
Discount Data
Average Discount (3 Yr) -5.52%
Discount Low(3 Yr) -14.20%
Discount High(3 Yr) 10.65%
Discount Rel Range (3 Yr) 21.08%
Comp Discount -2.40
Discount St Dev (1Yr) 1.75
Z-Stat
Z-Stat (6mo) 0.69
Z-Stat (1Yr) 0.69
Z-Stat (3Yr) -0.59
Comp Z-Stat (6mo) 0.09
Comp Z-Stat (3Yr) -1.12
Distribution Data
Market Yield 4.02%
Income Yield 4.02%
Lev Adj NAV Yield 2.97%
Distribution Frequency M
Current Distribution $0.035
Current Income $0.035
Ex-Date 11/22/24
Payable Date 12/2/24
Div Growth (3yr) -34.09%
Dividend Change -34.1% on 3/24/23
Expected Div 11/15/24
RoC (1yr) 18.81%
RoC (3yr) 10.46%
Tax Dividend Data 2023 2021 - 2023
Income 1.2% 5.4%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 7.6%
RoC 17.9% 6.0%
Volume & Liquidity
Average Daily $ (K) $1,029
Avg Volume 30 day 100,061
Avg Volume 90 day 98,340
Volume Trend 1.75%
Comp Volume Trend -2.69%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
27.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
19.0%
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
46.0%
Most Correlated Peer (Mk Pr): MVT 64.0%
NAV - Price Correlation (30 d) 96.1%
NAV - Price Correlation (90 d) 74.6%
NAV - Price Correlation (1 Yr) 71.7%
Price St Dev (1Yr) 10.5%
NAV St Dev (1Yr) 6.4%
Earnings
Earnings / Share (4/30/24) $0.027
Earn Coverage 77.71%
Earnings Trend Up
UNII / Share (4/30/24) $0.025
Rel UNII 5.98
UNII Trend Up
Bond Specific Data
Maturity 20.91
Duration 9.51
Credit Rating (rbo) A
Investment Grade 81.11%
Non Investment Grade 6.89%
Unrated Bonds 12.00%
Average Bond Price 105.08
Discount vs Price -3.88
Coupon 4.64%
Zero Coupon 2.91%
AMT 23.60%
AMT Yield 3.75%
Bond Calls Risk None%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.00
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.60
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index
1.01

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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