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 92.4% from net investment income and 7.6% from return of capital. PMO's current distribution is $0.0350 per share, with 90% from net investment income and 10% from return of capital.
The fiscal year-to-date distributions for both funds show a higher percentage of return of capital. PMM's 5-year annualized return at NAV is 1.64%, with a current distribution rate of 4.15%. PMO's 5-year annualized return is 1.66%, with a 3.63% distribution rate. Investors are cautioned that a portion of the distribution may be a return of capital and should not be confused with yield or income.
Putnam Investments ha rilasciato 19(a) avvisi mensili di distribuzione 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 il 92.4% proveniente da reddito d'investimento netto e il 7.6% da restituzione di capitale. La distribuzione attuale di PMO è di $0.0350 per azione, con il 90% proveniente da reddito d'investimento netto e il 10% da restituzione di capitale.
Le distribuzioni dall'inizio dell'anno fiscale per entrambi i fondi mostrano una percentuale più alta di restituzione di capitale. Il rendimento annualizzato di PMM su 5 anni a NAV è dell'1.64%, con un attuale tasso di distribuzione del 4.15%. Il rendimento annualizzato di PMO su 5 anni è dell'1.66%, con un tasso di distribuzione del 3.63%. Gli investitori sono avvertiti che una parte della distribuzione potrebbe essere una restituzione di capitale e non deve essere confusa con rendimento o reddito.
Putnam Investments ha publicado 19(a) 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 92.4% proveniente de ingresos netos de inversión y el 7.6% de devolución de capital. La distribución actual de PMO es de $0.0350 por acción, con el 90% de ingresos netos de inversión y el 10% de devolución de capital.
Las distribuciones del año fiscal hasta la fecha para ambos fondos muestran un porcentaje más alto de devolución de capital. El rendimiento anualizado de PMM a NAV en 5 años es del 1.64%, con una tasa de distribución actual del 4.15%. El rendimiento anualizado de PMO en 5 años es del 1.66%, con una tasa de distribución del 3.63%. Se advierte a los inversores que una parte de la distribución puede ser una devolución de capital y no debe confundirse con rendimiento o ingresos.
Putnam Investments는 Putnam Managed Municipal Income Trust (NYSE: PMM)와 Putnam Municipal Opportunities Trust (NYSE: PMO)에 대한 19(a) 월별 분배 공지를 발표했습니다. 이러한 공지는 기금의 월별 분배 출처에 대한 세부 정보를 제공합니다. PMM의 이번 달 분배금은 주당 $0.0238이며, 이 중 92.4%는 순투자소득에서, 7.6%는 자본 반환에서 나옵니다. PMO의 현재 분배금은 주당 $0.0350이며, 90%는 순투자소득에서, 10%는 자본 반환에서 나옵니다.
두 기금의 회계 연도까지의 분배는 자본 반환의 비율이 더 높은 것을 보여줍니다. PMM의 5년 연환산 수익률은 1.64%이며, 현재 분배율은 4.15%입니다. PMO의 5년 연환산 수익률은 1.66%이며, 분배율은 3.63%입니다. 투자자들은 분배의 일부가 자본 반환일 수 있으며, 수익 또는 소득과 혼동해서는 안 된다고 경고받고 있습니다.
Putnam Investments a publié 19(a) avis de distribution mensuels 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 en cours est de $0.0238 par action, dont 92.4% provient des revenus nets d'investissement et 7.6% du remboursement de capital. La distribution actuelle de PMO est de $0.0350 par action, dont 90% provient des revenus nets d'investissement et 10% du remboursement de capital.
Les distributions depuis le début de l'année fiscale pour les deux fonds montrent un pourcentage plus élevé de remboursement de capital. Le rendement annualisé sur 5 ans de PMM à la NAV est de 1.64%, avec un taux de distribution actuel de 4.15%. Le rendement annualisé de PMO sur 5 ans est de 1.66%, avec un taux de distribution de 3.63%. Les investisseurs sont avertis qu'une partie de la distribution pourrait être un remboursement de capital et ne doit pas être confondue avec un rendement ou un revenu.
Putnam Investments hat 19(a) monatliche Verteilungsmitteilungen für Putnam Managed Municipal Income Trust (NYSE: PMM) und Putnam Municipal Opportunities Trust (NYSE: PMO) veröffentlicht. Diese Mitteilungen enthalten Details zu den Quellen der monatlichen Ausschüttungen der Fonds. Für PMM beträgt die Ausschüttung in diesem Monat $0.0238 pro Aktie, wobei 92.4% aus nettoverzinslichem Einkommen und 7.6% aus Kapitalrückzahlungen stammen. Die aktuelle Ausschüttung von PMO beläuft sich auf $0.0350 pro Aktie, wobei 90% aus nettoverzinslichem Einkommen und 10% aus Kapitalrückzahlungen stammen.
Die Verteilungen seit Jahresbeginn für beide Fonds zeigen einen höheren Prozentsatz an Kapitalrückzahlungen. Die annualisierte Rendite von PMM über 5 Jahre beträgt 1.64%, mit einer aktuellen Ausschüttungsquote von 4.15%. Die annualisierte Rendite von PMO über 5 Jahre beträgt 1.66%, mit einer Ausschüttungsquote von 3.63%. Investoren werden gewarnt, dass ein Teil der Ausschüttung eine Kapitalrückzahlung sein kann und nicht mit Ertrag oder Einkommen verwechselt werden sollte.
- 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 (Aug.) |
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 |
$ |
0.0220 |
$ |
- |
$ |
- |
$ |
0.0018 |
|||||||||
| Fiscal YTD | $ |
0.2380 |
$ |
0.1840 |
$ |
- |
$ |
- |
$ |
0.0540 |
||||||||||
| PMO (FYE 4/30) | Current month | $ |
0.0350 |
$ |
0.0315 |
$ |
- |
$ |
- |
$ |
0.0035 |
|||||||||
| Fiscal YTD | $ |
0.1400 |
$ |
0.1086 |
$ |
- |
$ |
- |
$ |
0.0314 |
||||||||||
The table below provides information regarding distributions and total return performance for various periods.
| Data as of 7/31/2024 | ||||||||
| 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 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)?
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What is the current distribution rate for Putnam Municipal Opportunities Trust (PMO)?
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How often does Putnam provide fund-related information on their websites?
