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 (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO). The notices detail the sources of monthly distributions for both funds.
For PMM, the February distribution is $0.0238 per share, with 81.5% from net investment income and 18.5% from return of capital. The fiscal year-to-date distribution totals $0.0952 per share. PMM's 5-year return at NAV is 0.76% with a current distribution rate of 4.22%.
PMO's February distribution is $0.0350 per share, with 83.1% from net investment income and 16.9% from return of capital. The fiscal year-to-date distribution is $0.3500 per share. PMO's 5-year return at NAV is 0.75% with a current distribution rate of 3.68%.
Both funds note that portions of distributions may represent return of capital, which should not be confused with yield or income. Actual tax reporting amounts will be provided via Form 1099-Div.
Franklin Templeton ha rilasciato 19 avvisi di distribuzione mensile per Putnam Managed Municipal Income Trust (NYSE: PMM) e Putnam Municipal Opportunities Trust (NYSE: PMO). Gli avvisi dettagliano le fonti delle distribuzioni mensili per entrambi i fondi.
Per PMM, la distribuzione di febbraio è di $0.0238 per azione, con l'81.5% proveniente da reddito netto da investimenti e il 18.5% da restituzione di capitale. Il totale della distribuzione dall'inizio dell'anno fiscale è di $0.0952 per azione. Il rendimento di PMM a 5 anni basato sul NAV è dello 0.76% con un attuale tasso di distribuzione del 4.22%.
La distribuzione di febbraio per PMO è di $0.0350 per azione, con l'83.1% da reddito netto da investimenti e il 16.9% da restituzione di capitale. La distribuzione totale dall'inizio dell'anno fiscale è di $0.3500 per azione. Il rendimento di PMO a 5 anni basato sul NAV è dello 0.75% con un attuale tasso di distribuzione del 3.68%.
Entrambi i fondi notano che delle porzioni delle distribuzioni possono rappresentare restituzione di capitale, che non deve essere confusa con rendimento o reddito. Gli importi effettivi per la segnalazione fiscale saranno forniti tramite il Modulo 1099-Div.
Franklin Templeton ha publicado 19 avisos de distribución mensual para Putnam Managed Municipal Income Trust (NYSE: PMM) y Putnam Municipal Opportunities Trust (NYSE: PMO). Los avisos detallan las fuentes de las distribuciones mensuales para ambos fondos.
Para PMM, la distribución de febrero es de $0.0238 por acción, con un 81.5% proveniente de ingresos netos por inversiones y un 18.5% de retorno de capital. El total de la distribución en lo que va del año fiscal es de $0.0952 por acción. El rendimiento de PMM a 5 años basado en NAV es del 0.76% con una tasa de distribución actual del 4.22%.
La distribución de febrero para PMO es de $0.0350 por acción, con un 83.1% de ingresos netos por inversiones y un 16.9% de retorno de capital. La distribución total en lo que va del año fiscal es de $0.3500 por acción. El rendimiento de PMO a 5 años basado en NAV es del 0.75% con una tasa de distribución actual del 3.68%.
Ambos fondos indican que partes de las distribuciones pueden representar retorno de capital, lo que no debe confundirse con rendimiento o ingreso. Los montos reales para informes fiscales serán proporcionados a través del Formulario 1099-Div.
프랭클린 템플턴은 푸트남 관리 시 지방 소득 신탁 (NYSE: PMM)과 푸트남 지방 기회 신탁 (NYSE: PMO)에 대한 19개의 월간 배당 통지를 발표했습니다. 이 통지에는 두 펀드의 월간 배당 출처가 상세히 나와 있습니다.
PMM의 2월 배당금은 주당 $0.0238이며, 81.5%는 순 투자 수익에서, 18.5%는 자본 반환에서 나오고 있습니다. 회계 연도 시작 이후 배당 합계는 주당 $0.0952입니다. PMM의 NAV 기준 5년 수익률은 0.76%, 현재 배당률은 4.22%입니다.
PMO의 2월 배당금은 주당 $0.0350이며, 83.1%는 순 투자 수익에서, 16.9%는 자본 반환에서 나옵니다. 회계 연도 시작 이후 배당금 총합은 주당 $0.3500입니다. PMO의 NAV 기준 5년 수익률은 0.75%, 현재 배당률은 3.68%입니다.
두 펀드 모두 배당의 일부가 자본 반환을 나타낼 수 있음을 언급하며, 이는 수익률이나 소득과 혼동되어서는 안 됩니다. 실제 세금 신고 금액은 양식 1099-Div를 통해 제공됩니다.
Franklin Templeton a publié 19 avis de distribution mensuelle pour Putnam Managed Municipal Income Trust (NYSE: PMM) et Putnam Municipal Opportunities Trust (NYSE: PMO). Les avis détaillent les sources des distributions mensuelles pour les deux fonds.
Pour PMM, la distribution de février est de 0,0238 $ par action, avec 81,5 % provenant des revenus nets d'investissement et 18,5 % de retour de capital. Le total des distributions depuis le début de l'exercice fiscal s'élève à 0,0952 $ par action. Le rendement de PMM sur 5 ans basé sur le NAV est de 0,76 % avec un taux de distribution actuel de 4,22 %.
La distribution de février de PMO s'élève à 0,0350 $ par action, avec 83,1 % provenant des revenus nets d'investissement et 16,9 % de retour de capital. La distribution totale depuis le début de l'exercice fiscal est de 0,3500 $ par action. Le rendement de PMO sur 5 ans basé sur le NAV est de 0,75 % avec un taux de distribution actuel de 3,68 %.
Les deux fonds notent que certaines parties des distributions peuvent représenter un retour de capital, ce qui ne doit pas être confondu avec un rendement ou un revenu. Les montants réels pour la déclaration fiscale seront fournis via le formulaire 1099-Div.
Franklin Templeton hat 19 monatliche Verteilerklärungen für Putnam Managed Municipal Income Trust (NYSE: PMM) und Putnam Municipal Opportunities Trust (NYSE: PMO) veröffentlicht. Die Erklärungen geben die Quellen der monatlichen Verteilungen für beide Fonds an.
Für PMM beträgt die Verteilung im Februar $0.0238 pro Aktie, wobei 81.5% aus Nettoanlageerträgen und 18.5% aus Rückzahlung von Kapital stammen. Die Verteilung seit Beginn des Geschäftsjahres beträgt insgesamt $0.0952 pro Aktie. Der 5-Jahres-Rendite von PMM wird mit 0.76% am NAV angegeben, mit einer aktuellen Auszahlungsrate von 4.22%.
Die Verteilung von PMO im Februar beträgt $0.0350 pro Aktie, wobei 83.1% aus Nettoanlageerträgen und 16.9% aus Rückzahlung von Kapital stammen. Die Verteilung seit Beginn des Geschäftsjahres beträgt $0.3500 pro Aktie. Die 5-Jahres-Rendite von PMO am NAV liegt bei 0.75% mit einer aktuellen Auszahlungsrate von 3.68%.
Beide Fonds merken an, dass Teile der Verteilungen eine Rückzahlung von Kapital darstellen können, was nicht mit Ertrag oder Einkommen verwechselt werden sollte. Die tatsächlichen steuerlichen Meldungsbeträge werden über das Formular 1099-Div bereitgestellt.
- 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 (Feb.) |
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 |
$ |
0.0194 |
$ |
- |
$ |
- |
$ |
0.0044 |
81.5 |
% |
0.0 |
% |
0.0 |
% |
18.5 |
% |
|
| Fiscal YTD | $ |
0.0952 |
$ |
0.0791 |
$ |
- |
$ |
- |
$ |
0.0161 |
83.1 |
% |
0.0 |
% |
0.0 |
% |
16.9 |
% |
||
| PMO (FYE 4/30) | Current month | $ |
0.0350 |
$ |
0.0291 |
$ |
- |
$ |
- |
$ |
0.0059 |
83.1 |
% |
0.0 |
% |
0.0 |
% |
16.9 |
% |
|
| Fiscal YTD | $ |
0.3500 |
$ |
0.2819 |
$ |
- |
$ |
- |
$ |
0.0681 |
80.5 |
% |
0.0 |
% |
0.0 |
% |
19.5 |
% |
||
The table below provides information regarding distributions and total return performance for various periods.
| Data as of 1/31/2025 | ||||||||||||
| 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) | 0.76 |
% |
4.22 |
% |
0.46 |
% |
4.22 |
% |
||||
| PMO (FYE 4/30) | 0.75 |
% |
3.68 |
% |
4.90 |
% |
3.68 |
% |
||||
| 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/20250210649963/en/
PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581
Source: Franklin Templeton
FAQ
What is the February 2025 distribution amount for PMM and its breakdown?
How much has PMM distributed in fiscal year-to-date as of January 2025?
What is PMM's current distribution rate and 5-year return as of January 2025?
How does PMO's distribution compare to PMM for February 2025?
What is PMO's fiscal year-to-date performance and distribution rate?
When will PMM and PMO shareholders receive tax reporting information for these distributions?
