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 per share distribution is $0.0238, with 76.9% from net investment income and 23.1% from return of capital. For PMO, the current month's per share distribution is $0.0350, with 76.6% from net investment income and 23.4% from return of capital.
The 5-year annualized return at NAV for PMM is 1.79% with a current distribution rate of 4.07%, while PMO shows a 1.84% return and 3.57% distribution rate. Both funds estimate distributing more than their income and net realized capital gains, indicating a portion of distributions may be a return of capital.
Putnam Investments ha rilasciato notifiche di distribuzione mensile 19(a) per il Putnam Managed Municipal Income Trust (NYSE: PMM) e il Putnam Municipal Opportunities Trust (NYSE: PMO). Queste notifiche forniscono dettagli sulle fonti delle distribuzioni mensili dei fondi.
Per PMM, la distribuzione per azione del mese corrente è di $0.0238, con il 76,9% proveniente dal reddito da investimenti netto e il 23,1% da rimborso di capitale. Per PMO, la distribuzione per azione del mese corrente è di $0.0350, con il 76,6% proveniente dal reddito da investimenti netto e il 23,4% da rimborso di capitale.
Il rendimento annualizzato su 5 anni a NAV per PMM è dell'1,79% con un tasso di distribuzione attuale del 4,07%, mentre PMO mostra un rendimento dell'1,84% e un tasso di distribuzione del 3,57%. Entrambi i fondi stimano di distribuire più del loro reddito e dei guadagni in conto capitale realizzati netti, indicando che una parte delle distribuzioni potrebbe essere un rimborso di capitale.
Putnam Investments ha publicado 19 avisos mensuales de distribución para el Putnam Managed Municipal Income Trust (NYSE: PMM) y el Putnam Municipal Opportunities Trust (NYSE: PMO). Estos avisos ofrecen detalles sobre las fuentes de las distribuciones mensuales de los fondos.
Para PMM, la distribución por acción del mes actual es de $0.0238, con un 76.9% proveniente de ingresos netos por inversiones y un 23.1% de retorno de capital. Para PMO, la distribución por acción del mes actual es de $0.0350, con un 76.6% proveniente de ingresos netos por inversiones y un 23.4% de retorno de capital.
El rendimiento anualizado a 5 años en NAV para PMM es del 1.79% con una tasa de distribución actual del 4.07%, mientras que PMO muestra un rendimiento del 1.84% y una tasa de distribución del 3.57%. Ambos fondos estiman distribuir más que sus ingresos y ganancias de capital netas realizadas, indicando que una parte de las distribuciones podría ser un retorno de capital.
퍼트남 투자(Putnam Investments)는 퍼트남 관리 지방채 소득 신탁(Putnam Managed Municipal Income Trust) (NYSE: PMM) 및 퍼트남 지방 기회 신탁(Putnam Municipal Opportunities Trust) (NYSE: PMO)에 대한 19(a) 월간 분배 공지를 발표했습니다. 이 공지는 부문의 월별 분배 출처에 대한 세부정보를 제공합니다.
PMM의 현재 달 주당 분배금은 $0.0238이며, 76.9%가 순투자소득에서, 23.1%가 자본환급에서 발생합니다. PMO의 현재 달 주당 분배금은 $0.0350이며, 76.6%가 순투자소득에서, 23.4%가 자본환급에서 발생합니다.
PMM의 NAV 기준 5년 연환산 수익률은 1.79%이며 현재 분배율은 4.07%입니다. PMO는 1.84%의 수익률과 3.57%의 분배율을 나타냅니다. 두 펀드 모두 소득 및 순 실현 자본이득보다 더 많은 금액을 분배할 것으로 예상하며, 따라서 분배의 일부는 자본환급일 수 있음을 나타냅니다.
Putnam Investments a publié 19 avis de distribution mensuels pour le Putnam Managed Municipal Income Trust (NYSE: PMM) et le Putnam Municipal Opportunities Trust (NYSE: PMO). Ces avis fournissent des détails sur les sources des distributions mensuelles des fonds.
Pour PMM, la distribution par action du mois en cours est de $0.0238, avec 76,9 % provenant des revenus nets d'investissement et 23,1 % d'un remboursement de capital. Pour PMO, la distribution par action du mois en cours est de $0.0350, avec 76,6 % provenant des revenus nets d'investissement et 23,4 % d'un remboursement de capital.
Le rendement annualisé sur 5 ans à NAV pour PMM est de 1,79 % avec un taux de distribution actuel de 4,07 %, tandis que PMO affiche un rendement de 1,84 % et un taux de distribution de 3,57 %. Les deux fonds estiment distribuer plus que leurs revenus et gains en capital nets réalisés, ce qui indique qu'une partie des distributions pourrait être un remboursement de capital.
Putnam Investments hat 19(a) monatliche Verteilungsmitteilungen für den Putnam Managed Municipal Income Trust (NYSE: PMM) und den Putnam Municipal Opportunities Trust (NYSE: PMO) veröffentlicht. Diese Mitteilungen geben Details zu den Quellen der monatlichen Ausschüttungen der Fonds.
Für PMM beträgt die Ausschüttung pro Anteil im aktuellen Monat $0.0238, wobei 76,9% aus Nettoinvestitionseinkommen und 23,1% aus Kapitalrückzahlung stammen. Für PMO beträgt die Ausschüttung pro Anteil im aktuellen Monat $0.0350, wobei 76,6% aus Nettoinvestitionseinkommen und 23,4% aus Kapitalrückzahlung stammen.
Die annualisierte Rendite über 5 Jahre beim NAV für PMM beträgt 1,79% mit einer aktuellen Ausschüttungsrate von 4,07%, während PMO eine Rendite von 1,84% und eine Ausschüttungsrate von 3,57% zeigt. Beide Fonds schätzen, dass sie mehr als ihre Einkünfte und realisierten Nettokapitalgewinne ausschütten, was darauf hinweist, dass ein Teil der Ausschüttungen eine Rückzahlung von Kapital sein könnte.
- None.
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The table below provides an estimate of the sources of the Fund’s current distribution and its cumulative distributions paid this fiscal year-to-date. Amounts are expressed on a per share of common stock basis, and as a percentage of the distribution amount.
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Estimated sources & percentages of distributions |
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| Ticker | Time period | Per share distribution(Oct.) |
Net investment income |
Short-term capital gains |
Long-term capital gains |
Return of capital |
Net investment income |
Short-term capital gains |
Long-term capital gains |
Return of capital |
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| PMM (FYE 10/31) | Current month |
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$ - |
$ - |
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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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|
|
|
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| Fiscal YTD |
|
|
$ - |
$ - |
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The table below provides information regarding distributions and total return performance for various periods.
| Data as of 9/30/2024 | ||||||||
| 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)?
How much of PMM's distribution comes from net investment income?
What is the 5-year annualized return at NAV for Putnam Municipal Opportunities Trust (PMO)?
Are the distributions for PMM and PMO considered a return of capital?
Where can shareholders find more information about Putnam's closed-end municipal funds?
