Franklin Templeton Announces 19(a) Notices for Closed-End Municipal Funds
Franklin Templeton has released the 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO). These notices provide detailed information about the sources of the funds' monthly distributions.
The Fund has indicated that it has likely distributed more than its income and net realized capital gains, suggesting that a portion of the distribution may represent a return of capital. This return of capital occurs when investors receive back part of their original investment, which should not be confused with yield or income.
Shareholders will receive Form 1099-Div for calendar year tax reporting purposes. Additionally, fund-related information will be available on www.franklintempleton.com, including:
- Full holdings (monthly, available 8th business day after month-end)
- Top 10 holdings and portfolio statistics (monthly, approximately 15 days after month-end)
Franklin Templeton ha rilasciato gli avvisi di distribuzione mensile 19(a) per il Putnam Managed Municipal Income Trust (NYSE: PMM) e il Putnam Municipal Opportunities Trust (NYSE: PMO). Questi avvisi forniscono informazioni dettagliate sulle fonti delle distribuzioni mensili dei fondi.
Il Fondo ha indicato che probabilmente ha distribuito più del suo reddito e dei guadagni in conto capitale netti realizzati, suggerendo che una parte della distribuzione potrebbe rappresentare un rimborso di capitale. Questo rimborso di capitale si verifica quando gli investitori ricevono indietro parte del loro investimento originale, che non deve essere confuso con il rendimento o il reddito.
Gli azionisti riceveranno il Modulo 1099-Div per scopi di reporting fiscale dell'anno solare. Inoltre, le informazioni relative al fondo saranno disponibili su www.franklintempleton.com, inclusi:
- Partecipazioni complete (mensili, disponibili l'8° giorno lavorativo dopo la fine del mese)
- Le prime 10 partecipazioni e statistiche del portafoglio (mensili, circa 15 giorni dopo la fine del mese)
Franklin Templeton ha publicado los avisos de distribución mensual 19(a) para el Putnam Managed Municipal Income Trust (NYSE: PMM) y el Putnam Municipal Opportunities Trust (NYSE: PMO). Estos avisos proporcionan información detallada sobre las fuentes de las distribuciones mensuales de los fondos.
El Fondo ha indicado que probablemente ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que sugiere que una parte de la distribución puede representar un reembolso de capital. Este reembolso de capital ocurre cuando los inversores reciben de vuelta parte de su inversión original, lo cual no debe confundirse con el rendimiento o ingreso.
Los accionistas recibirán el Formulario 1099-Div para fines de reporte fiscal del año calendario. Además, la información relacionada con el fondo estará disponible en www.franklintempleton.com, incluyendo:
- Participaciones completas (mensuales, disponibles el octavo día hábil después del fin de mes)
- Las 10 principales participaciones y estadísticas de la cartera (mensuales, aproximadamente 15 días después del fin de mes)
프랭클린 템플턴은 푸트남 관리 지방 소득 신탁(NYSE: PMM)과 푸트남 지방 기회 신탁(NYSE: PMO)에 대한 19(a) 월간 배당 통지를 발표했습니다. 이 통지는 펀드의 월간 배당금 출처에 대한 자세한 정보를 제공합니다.
펀드는 아마도 수익과 순 실현 자본 이익을 초과하여 분배했음을 나타내었으며, 이는 분배의 일부가 자본 환급을 나타낼 수 있음을 시사합니다. 자본 환급은 투자자가 원래 투자금의 일부를 돌려받을 때 발생하며, 이는 수익이나 소득과 혼동해서는 안 됩니다.
주주들은 세금 보고 목적으로 1099-Div 양식을 받을 것입니다. 또한, 펀드 관련 정보는 www.franklintempleton.com에서 확인할 수 있으며, 포함된 내용은:
- 전체 보유 자산 (월간, 월말 후 8번째 영업일에 제공)
- 상위 10개 보유 자산 및 포트폴리오 통계 (월간, 월말 후 약 15일 후 제공)
Franklin Templeton a publié les avis de distribution mensuels 19(a) pour le Putnam Managed Municipal Income Trust (NYSE: PMM) et le Putnam Municipal Opportunities Trust (NYSE: PMO). Ces avis fournissent des informations détaillées sur les sources des distributions mensuelles des fonds.
Le Fonds a indiqué qu'il avait probablement distribué plus que ses revenus et ses gains en capital nets réalisés, ce qui suggère qu'une partie de la distribution pourrait représenter un remboursement de capital. Ce remboursement de capital se produit lorsque les investisseurs reçoivent une partie de leur investissement initial, ce qui ne doit pas être confondu avec le rendement ou le revenu.
Les actionnaires recevront le formulaire 1099-Div à des fins de déclaration fiscale pour l'année civile. De plus, des informations relatives au fonds seront disponibles sur www.franklintempleton.com, y compris:
- Participations complètes (mensuelles, disponibles le 8ème jour ouvrable après la fin du mois)
- Les 10 principales participations et statistiques du portefeuille (mensuelles, environ 15 jours après la fin du mois)
Franklin Templeton hat die 19(a) monatlichen Verteilungshinweise für den Putnam Managed Municipal Income Trust (NYSE: PMM) und den Putnam Municipal Opportunities Trust (NYSE: PMO) veröffentlicht. Diese Hinweise bieten detaillierte Informationen über die Quellen der monatlichen Ausschüttungen der Fonds.
Der Fonds hat angegeben, dass er wahrscheinlich mehr als sein Einkommen und die realisierten Nettokapitalgewinne verteilt hat, was darauf hindeutet, dass ein Teil der Ausschüttung möglicherweise eine Rückzahlung des Kapitals darstellt. Diese Rückzahlung des Kapitals erfolgt, wenn Anleger einen Teil ihrer ursprünglichen Investition zurückerhalten, was nicht mit Rendite oder Einkommen verwechselt werden sollte.
Aktionäre erhalten das Formular 1099-Div für steuerliche Berichterstattungszwecke des Kalenderjahres. Darüber hinaus sind fondsbezogene Informationen auf www.franklintempleton.com verfügbar, einschließlich:
- Vollständige Bestände (monatlich, verfügbar am 8. Geschäftstag nach Monatsende)
- Die 10 größten Bestände und Portfoliostatistiken (monatlich, etwa 15 Tage nach Monatsende)
- None.
- None.
The table below provides an estimate of the sources of the Fund’s current distribution and its cumulative distributions paid this fiscal year-to-date. Amounts are expressed on a per share of common stock basis, and as a percentage of the distribution amount.
| Estimated sources & percentages of distributions | ||||||||||||||||||||
| Ticker | Time period | Per share distribution(Mar.) | Net investment income | Short-term capital gains | Long-term capital gains | Return of capital | Net investment income | Short-term capital gains | Long-term capital gains | Return of capital | ||||||||||
| PMM (FYE 10/31) | Current month | $ |
0.0238 |
$ |
0.0202 |
$ |
- |
$ |
- |
$ |
0.0036 |
84.9 |
% |
0.0 |
% |
0.0 |
% |
15.1 |
% |
|
| Fiscal YTD | $ |
0.1190 |
$ |
0.0993 |
$ |
- |
$ |
- |
$ |
0.0197 |
83.4 |
% |
0.0 |
% |
0.0 |
% |
16.6 |
% |
||
| PMO (FYE 4/30) | Current month | $ |
0.0350 |
$ |
0.0301 |
$ |
- |
$ |
- |
$ |
0.0049 |
86.0 |
% |
0.0 |
% |
0.0 |
% |
14.0 |
% |
|
| Fiscal YTD | $ |
0.3850 |
$ |
0.3120 |
$ |
- |
$ |
- |
$ |
0.0730 |
81.0 |
% |
0.0 |
% |
0.0 |
% |
19.0 |
% |
||
The table below provides information regarding distributions and total return performance for various periods.
| Data as of 2/28/2025 | ||||||||||||
| Annualized | Cumulative | |||||||||||
| 5-year | Current | Fiscal | Fiscal YTD | |||||||||
| return | distribution | YTD | distribution | |||||||||
| Ticker | at NAV | rate at NAV* | return at NAV | rate at NAV** | ||||||||
| PMM (FYE 10/31) | 0.64 |
% |
4.16 |
% |
2.31 |
% |
4.16 |
% |
||||
| PMO (FYE 4/30) | 0.60 |
% |
3.64 |
% |
6.60 |
% |
3.64 |
% |
||||
| Performance includes the deduction of management fees and administrative expenses, assumes reinvestment of distributions, and does not account for taxes. | ||||||||||||
| *Most recent distribution annualized and divided by NAV at the end of the period. | ||||||||||||
| **Total fiscal period distributions annualized and divided by NAV at the end of the period. | ||||||||||||
You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-Div for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The funds periodically provide fund-related information on their websites. The following information will be available for each fund at www.franklintempleton.com at the frequencies indicated: (1) Full holdings will be available monthly beginning on the 8th business day after the end of each month; (2) Top 10 holdings and additional portfolio statistics will be available monthly, approximately 15 days after month-end.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250307071109/en/
PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581
Source: Franklin Templeton
FAQ
What does the 19(a) notice reveal about PMM's distribution sources?
How can PMM shareholders access their tax reporting information?
When is PMM's portfolio holdings information updated on Franklin Templeton's website?
What should PMM investors understand about return of capital distributions?
Where can investors find detailed information about PMM's monthly distributions?
