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Putnam Municipal Opportunities Trust
Putnam Municipal Opportunities Trust
PMO

Putnam Municipal Opportunities Trust (PMO)

$13.57.53%

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Key Stats

Open
$13.68
Today Low/High
$13.5 / $13.68
52 Week Low/High
$12.2 / $14.81
Market Cap
$504.14M

Company Details

Putnam Municipal Opportunities Trust is a closed-end fund seeking high current tax-free income and capital preservation by investing primarily in levered portfolio of municipal bonds. The fund seeks a high level of current income exempt from federal income tax, consistent with the preservation of capital. It invests in a portfolio of investment-grade and some below investment-grade municipal bonds. The fund uses leverage by issuing preferred shares to enhance returns, which involves risk and may increase the volatility of the net asset value (nav).
Organisation
Putnam Municipal Opportunities Trust
Headquaters
, Colombia, US
Industry
Miscellaneous
CEO
Jonathan Horwitz

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