Franklin Templeton Announces 19(a) Notices for Closed-End Municipal Funds
Franklin Templeton has released 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (PMM) and Putnam Municipal Opportunities Trust. For PMM, the current monthly distribution is $0.0238 per share, with 83.6% from net investment income and 16.4% from return of capital. PMM's fiscal year-to-date performance shows a 1.27% annualized return at NAV with a 4.19% distribution rate. The fund estimates it has distributed more than its income and net realized capital gains, meaning a portion of distributions may be return of capital. Actual amounts for tax reporting will depend on the fund's investment experience during the remainder of its fiscal year.
Franklin Templeton ha pubblicato 19 avvisi di distribuzione mensile per il Putnam Managed Municipal Income Trust (PMM) e il Putnam Municipal Opportunities Trust. Per PMM, l'attuale distribuzione mensile è di $0.0238 per azione, di cui l'83,6% proviene dal reddito netto da investimenti e il 16,4% dal rimborso di capitale. Le performance dell'anno fiscale di PMM mostrano un 1,27% di rendimento annualizzato al NAV con un 4,19% di tasso di distribuzione. Il fondo stima di aver distribuito più del suo reddito e dei guadagni in capitale netti realizzati, il che significa che una parte delle distribuzioni può essere considerata un rimborso di capitale. Gli importi effettivi per la reportistica fiscale dipenderanno dall'esperienza di investimento del fondo durante il resto del suo anno fiscale.
Franklin Templeton ha publicado 19 avisos de distribución mensual para el Putnam Managed Municipal Income Trust (PMM) y el Putnam Municipal Opportunities Trust. Para PMM, la distribución mensual actual es de $0.0238 por acción, de la cual el 83.6% proviene de ingresos netos por inversiones y el 16.4% de retorno de capital. El rendimiento acumulado del año fiscal de PMM muestra un 1.27% de rendimiento anualizado al NAV con una tasa de distribución del 4.19%. El fondo estima que ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que significa que una parte de las distribuciones puede ser retorno de capital. Los montos reales para la declaración de impuestos dependerán de la experiencia de inversión del fondo durante el resto de su año fiscal.
프랭클린 템플턴은 푸트넘 관리 지방 소득 신탁 (PMM)과 푸트넘 지방 기회 신탁을 위한 19개의 월간 분배 공지를 발표했습니다. PMM의 현재 월간 분배액은 주당 $0.0238로, 이 중 83.6%는 순투자 수익에서, 16.4%는 자본 회수에서 발생합니다. PMM의 올해 회계연도까지 성과는 연환산 수익률 1.27%을 기록하고 있으며, 4.19%의 분배율을 보이고 있습니다. 이 펀드는 수익과 실현된 순자본 이익보다 더 많이 분배한 것으로 추정되며, 이는 분배 중 일부가 자본 회수일 수 있음을 의미합니다. 과세 보고를 위한 실제 금액은 회계연도 잔여 기간 동안의 펀드 투자 경험에 따라 달라질 것입니다.
Franklin Templeton a publié 19 avis de distribution mensuelle pour le Putnam Managed Municipal Income Trust (PMM) et le Putnam Municipal Opportunities Trust. Pour PMM, la distribution mensuelle actuelle est de $0.0238 par action, dont 83,6% provient de revenus nets d'investissements et 16,4% du remboursement de capital. La performance de PMM depuis le début de l'année fiscale montre un rendement annualisé de 1,27% à la valeur liquidative (NAV) avec un taux de distribution de 4,19%. Le fonds estime avoir distribué plus que ses revenus et les gains en capital nets réalisés, ce qui signifie qu'une partie des distributions pourrait être un remboursement de capital. Les montants réels pour la déclaration fiscale dépendront de l'expérience d'investissement du fonds au cours du reste de l'exercice fiscal.
Franklin Templeton hat 19 monatliche Ausschüttungsmitteilungen für den Putnam Managed Municipal Income Trust (PMM) und den Putnam Municipal Opportunities Trust veröffentlicht. Für PMM liegt die aktuelle monatliche Ausschüttung bei $0.0238 pro Aktie, wobei 83,6% aus den Nettoanlageerträgen und 16,4% aus Rückzahlungen von Kapital stammen. Die bisherige Jahresperformance von PMM zeigt eine annualisierte Rendite von 1,27% auf den NAV mit einer Ausschüttungsquote von 4,19%. Der Fonds schätzt, dass er mehr verteilt hat als seine Erträge und realisierten Nettokapitalgewinne, was bedeutet, dass ein Teil der Ausschüttungen möglicherweise Rückzahlungen von Kapital sind. Die tatsächlichen Beträge für die Steuerberichterstattung hängen von den Anlageerfahrungen des Fonds im verbleibenden Geschäftsjahr ab.
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The table below provides an estimate of the sources of the Fund’s current distribution and its cumulative distributions paid this fiscal year-to-date. Amounts are expressed on a per share of common stock basis, and as a percentage of the distribution amount.
| Estimated sources & percentages of distributions | |||||||||||
| Ticker | Time period | Per share distribution(Nov.) | Net investment income | Short-term capital gains | Long-term capital gains | Return of capital | Net investment income | Short-term capital gains | Long-term capital gains | Return of capital | |
| PMM (FYE 10/31) | Current month |
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$ - |
$ - |
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| Fiscal YTD |
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$ - |
$ - |
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| PMO (FYE 4/30) | Current month |
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$ - |
$ - |
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| Fiscal YTD |
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$ - |
$ - |
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The table below provides information regarding distributions and total return performance for various periods.
| Data as of 10/31/2024 | |||||||||
| 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) |
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| PMO (FYE 4/30) |
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| 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/20241107591022/en/
PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581
Source: Franklin Templeton
FAQ
What is PMM's current monthly distribution per share for November 2024?
What is PMM's current fiscal year-to-date return at NAV as of October 31, 2024?
How is PMM's current distribution broken down by source?
When will PMM shareholders receive their tax reporting information?
