Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds
Putnam Investments has released 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO). These notices provide details on the sources of the funds' monthly distributions. For PMM, the current month's distribution is $0.0238 per share, with 81.5% from net investment income and 18.5% from return of capital. PMO's current distribution is $0.0350 per share, with 84.9% from net investment income and 15.1% from return of capital.
The 5-year annualized return at NAV for PMM is 1.28%, with a current distribution rate of 4.14%. PMO's 5-year return is 1.27%, with a 3.62% distribution rate. Both funds have distributed more than their income and net realized capital gains, indicating a portion of distributions may be a return of capital. Shareholders are advised not to draw conclusions about investment performance from these distributions.
Putnam Investments ha rilasciato 19 avvisi di distribuzione mensile per Putnam Managed Municipal Income Trust (NYSE: PMM) e Putnam Municipal Opportunities Trust (NYSE: PMO). Questi avvisi forniscono dettagli sulle fonti delle distribuzioni mensili dei fondi. Per PMM, la distribuzione del mese corrente è di $0.0238 per azione, con l'81,5% derivante da reddito da investimenti netti e il 18,5% da rimborso di capitale. La distribuzione attuale di PMO è di $0.0350 per azione, con l'84,9% proveniente da reddito da investimenti netti e il 15,1% da rimborso di capitale.
Il rendimento annualizzato a 5 anni basato sul NAV per PMM è dell'1,28%, con un tasso di distribuzione attuale del 4,14%. Il rendimento a 5 anni di PMO è dell'1,27%, con un tasso di distribuzione del 3,62%. Entrambi i fondi hanno distribuito più del loro reddito e dei guadagni in conto capitale netti realizzati, il che indica che una parte delle distribuzioni potrebbe essere un rimborso di capitale. Si consiglia agli azionisti di non trarre conclusioni sul rendimento dell'investimento da queste distribuzioni.
Putnam Investments ha publicado 19 avisos de distribución mensual para Putnam Managed Municipal Income Trust (NYSE: PMM) y Putnam Municipal Opportunities Trust (NYSE: PMO). Estos avisos proporcionan detalles sobre las fuentes de las distribuciones mensuales de los fondos. Para PMM, la distribución del mes actual es de $0.0238 por acción, con el 81.5% proveniente de ingresos por inversiones netos y el 18.5% de retorno de capital. La distribución actual de PMO es de $0.0350 por acción, con el 84.9% proveniente de ingresos por inversiones netos y el 15.1% de retorno de capital.
El retorno anualizado a 5 años al NAV para PMM es del 1.28%, con una tasa de distribución actual del 4.14%. El retorno a 5 años de PMO es del 1.27%, con una tasa de distribución del 3.62%. Ambos fondos han distribuido más que sus ingresos y ganancias de capital netas realizadas, lo que indica que una parte de las distribuciones puede ser un retorno de capital. Se aconseja a los accionistas no sacar conclusiones sobre el rendimiento de la inversión basándose en estas distribuciones.
Putnam Investments는 Putnam Managed Municipal Income Trust (NYSE: PMM)와 Putnam Municipal Opportunities Trust (NYSE: PMO)에 대한 19개의 월간 배당 공지를 발표했습니다. 이 공지는 기금의 월간 배당금 출처에 대한 세부정보를 제공합니다. PMM의 현재 월 배당금은 $0.0238 per share로, 81.5%는 순 투자 수익에서, 18.5%는 자본 환급에서 나옵니다. PMO의 현재 배당금은 $0.0350 per share로, 84.9%는 순 투자 수익에서, 15.1%는 자본 환급에서 나옵니다.
PMM의 5년간 연환산 수익률은 1.28%이며, 현재 배당률은 4.14%입니다. PMO의 5년 수익률은 1.27%이며, 배당률은 3.62%입니다. 두 기금 모두 수익과 실현된 자본 이익을 초과하여 배당금을 분배했으며, 이는 배당금의 일부가 자본 환급일 수 있음을 나타냅니다. 주주에게는 이러한 분배를 바탕으로 투자 성과에 대한 결론을 내리지 말 것을 권장합니다.
Putnam Investments a publié 19 avis mensuels de distribution pour Putnam Managed Municipal Income Trust (NYSE: PMM) et Putnam Municipal Opportunities Trust (NYSE: PMO). Ces avis fournissent des détails sur les sources des distributions mensuelles des fonds. Pour PMM, la distribution du mois courant est de $0.0238 par action, dont 81,5% provient de revenus net d'investissement et 18,5% de retour de capital. La distribution actuelle de PMO est de $0.0350 par action, dont 84,9% provient de revenus net d'investissement et 15,1% de retour de capital.
Le rendement annualisé sur 5 ans basé sur le NAV pour PMM est de 1,28%, avec un taux de distribution actuel de 4,14%. Le rendement sur 5 ans de PMO est de 1,27%, avec un taux de distribution de 3,62%. Les deux fonds ont distribué plus que leurs revenus et gains en capital réalisés nets, ce qui indique qu'une partie des distributions pourrait être un retour de capital. Il est conseillé aux actionnaires de ne pas tirer de conclusions sur la performance de l'investissement à partir de ces distributions.
Putnam Investments hat 19 monatliche Ausschüttungsmitteilungen für Putnam Managed Municipal Income Trust (NYSE: PMM) und Putnam Municipal Opportunities Trust (NYSE: PMO) veröffentlicht. Diese Mitteilungen geben Details über die Quellen der monatlichen Ausschüttungen der Fonds. Für PMM beträgt die Ausschüttung des aktuellen Monats $0.0238 pro Anteil, wobei 81,5% aus netto Investmenterträgen und 18,5% aus Kapitalrückzahlungen stammen. Die aktuelle Ausschüttung von PMO beträgt $0.0350 pro Anteil, wobei 84,9% aus netto Investmenterträgen und 15,1% aus Kapitalrückzahlungen stammen.
Die annualisierte 5-Jahres-Rendite zum NAV für PMM beträgt 1,28% mit einer aktuellen Ausschüttungsquote von 4,14%. Die 5-Jahres-Rendite von PMO beträgt 1,27% mit einer Ausschüttungsquote von 3,62%. Beide Fonds haben mehr ausgeschüttet als ihre Erträge und realisierten Kapitalgewinne, was darauf hinweist, dass ein Teil der Ausschüttungen eine Kapitalrückzahlung sein könnte. Aktionären wird geraten, aus diesen Ausschüttungen keine Schlussfolgerungen über die Anlageperformance zu ziehen.
- 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(Sept.) | 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 | $ |
0.2618 |
$ |
0.2034 |
$ |
- |
$ |
- |
$ |
0.0584 |
77.7 |
% |
0.0 |
% |
0.0 |
% |
22.3 |
% |
||
| PMO (FYE 4/30) |
Current month | $ |
0.0350 |
$ |
0.0297 |
$ |
- |
$ |
- |
$ |
0.0053 |
84.9 |
% |
0.0 |
% |
0.0 |
% |
15.1 |
% |
|
| Fiscal YTD | $ |
0.1750 |
$ |
0.1383 |
$ |
- |
$ |
- |
$ |
0.0367 |
79.0 |
% |
0.0 |
% |
0.0 |
% |
21.0 |
% |
||
The table below provides information regarding distributions and total return performance for various periods.
| Data as of 8/31/2024 | |||||||||||||
| Annualized | Cumulative | ||||||||||||
| Ticker | 5-year return at NAV |
Current distribution rate at NAV* |
Fiscal YTD return at NAV |
Fiscal YTD distribution rate at NAV** |
|||||||||
| PMM (FYE 10/31) | 1.28 |
% |
4.14 |
% |
24.35 |
% |
4.14 |
% |
|||||
| PMO (FYE 4/30) | 1.27 |
% |
3.62 |
% |
5.21 |
% |
3.62 |
% |
|||||
| 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 putnam.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.
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PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581
Source: Putnam Investments
FAQ
What is the current monthly distribution for Putnam Managed Municipal Income Trust (PMM)?
How much of PMM's distribution comes from net investment income?
What is the 5-year annualized return at NAV for PMM?
What is the current distribution rate for Putnam Municipal Opportunities Trust (PMO)?
Are the distributions from PMM and PMO considered return of capital?
