Boston, Massachusetts 02110
www.franklintempleton.com
FRANKLIN TEMPLETON
ANNOUNCES 19(a) NOTICES FOR
CLOSED-END MUNICIPAL FUNDS
BOSTON,
Massachusetts (
November 28, 2025 – The 19(a) monthly distribution notices for
Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal
Opportunities Trust (NYSE: PMO) are now available. These informational notices
provide further details on the sources of the funds’ monthly distributions and follow
the most recent distribution announcement.
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.
The table
below provides information regarding distributions and total return performance
for various periods.
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.
PUTNAM SHAREHOLDERS CONTACT
: 1-800-225-1581
Boston, Massachusetts 02110
www.franklintempleton.com
FRANKLIN TEMPLETON
ANNOUNCES 19(a) NOTICES FOR
CLOSED-END MUNICIPAL FUNDS
BOSTON,
Massachusetts - December 31, 2025 – The 19(a) monthly distribution notices for
Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal
Opportunities Trust (NYSE: PMO) are now available. These informational notices
provide further details on the sources of the funds’ monthly distributions and
follow the most recent distribution announcement.
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.
The table below provides information regarding distributions and total return performance
for various periods.
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.
PUTNAM SHAREHOLDERS CONTACT
: 1-800-225-1581
Boston, Massachusetts 02110
www.franklintempleton.com
FRANKLIN TEMPLETON
ANNOUNCES 19(a) NOTICES
FOR CLOSED-END MUNICIPAL FUNDS
Boston, Massachusetts –
(January 30, 2026) - The 19(a) monthly distribution notices
for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal
Opportunities Trust (NYSE: PMO) are now available. These informational notices
provide further details on the sources of the funds’ monthly distributions and
follow the most recent distribution announcement. 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
.
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 upon a Fund’s investment
experience during the remainder of its fiscal year and may be subject to
changes based on tax regulations. Each 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.
|
|
|
|
Estimated sources & percentages of distributions |
|
|
|
|
Per share distribution January 2026 |
|
Net realized short-term capital gains |
Net realized long-term capital gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The table below provides information regarding distributions and total return
performance for various periods. Performance includes the deduction of
management fees and administrative expenses, assumes reinvestment of
distributions, and does not account for taxes.
|
|
|
|
|
|
5-year
average annual total return at NAV* |
Current
distribution rate at NAV** |
|
Fiscal
YTD return at NAV*** |
Fiscal
YTD distribution rate at NAV*** |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Ending on the last day of the month prior to the
most recent distribution record date.
**As of the last day of the month prior to the most
recent distribution record date.
***Calculated from the last completed fiscal year to
the last day of the month prior to the most recent distribution record date.
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.
Each 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 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; (2) Top 10 holdings and
additional portfolio statistics will be available monthly.
INVESTMENT PRODUCTS: NOT FDIC INSURED
| NO BANK GUARANTEE | MAY LOSE VALUE.
Investor Contact:
Fund Investor Services 1-888-777-0102
Category:
Distribution Related
Source: Franklin Resources, Inc.
Boston, Massachusetts 02110
www.franklintempleton.com
FRANKLIN TEMPLETON
ANNOUNCES 19(a) NOTICES
FOR CLOSED-END MUNICIPAL FUNDS
Boston, Massachusetts –
(February 27, 2026) - The 19(a) monthly distribution
notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam
Municipal Opportunities Trust (NYSE: PMO) are now available. These
informational notices provide further details on the sources of the funds’
monthly distributions and follow the most recent distribution announcement. 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
.
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 upon a Fund’s investment
experience during the remainder of its fiscal year and may be subject to
changes based on tax regulations. Each 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.
|
|
|
|
Estimated sources & percentages of distributions |
|
|
|
|
Per share distribution February 2026 |
|
Net realized short-term capital gains |
Net realized long-term capital gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The table
below provides information regarding distributions and total return performance
for various periods. Performance includes the deduction of management fees and
administrative expenses, assumes reinvestment of distributions, and does not
account for taxes.
|
|
|
|
|
|
5-year
average annual total return at NAV* |
Current
distribution rate at NAV** |
|
Fiscal
YTD return at NAV*** |
Fiscal
YTD distribution rate at NAV*** |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
Ending on the last day of the month prior to the most recent distribution
record date.
**As
of the last day of the month prior to the most recent distribution record date.
***Calculated
from the last completed fiscal year to the last day of the month prior to the
most recent distribution record date.
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.
Each 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 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; (2) Top 10 holdings and
additional portfolio statistics will be available monthly.
INVESTMENT PRODUCTS: NOT FDIC INSURED
| NO BANK GUARANTEE | MAY LOSE VALUE.
Investor
Contact: Fund Investor Services 1-888-777-0102
Category: Distribution Related
Source: Franklin Resources, Inc.
Boston, Massachusetts 02110
www.franklintempleton.com
FRANKLIN TEMPLETON
ANNOUNCES 19(a) NOTICES
FOR CLOSED-END MUNICIPAL FUNDS
Boston, Massachusetts –
(March 31, 2026) - The 19(a) monthly distribution notices
for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal
Opportunities Trust (NYSE: PMO) are now available. These informational notices
provide further details on the sources of the funds’ monthly distributions and
follow the most recent distribution announcement. 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
.
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 upon a Fund’s investment
experience during the remainder of its fiscal year and may be subject to
changes based on tax regulations. Each 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.
|
|
|
|
Estimated sources
& percentages of distributions |
|
|
|
Per share
distribution March 2026 |
|
Net realized
short-term capital gains |
Net realized
long-term capital gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The table
below provides information regarding distributions and total return performance
for various periods through prior month end. Performance includes the deduction
of management fees and administrative expenses, assumes reinvestment of
distributions, and does not account for taxes.
|
|
|
|
|
|
5-year
average annual total return at NAV* |
Current
distribution rate at NAV** |
|
Fiscal
YTD return at NAV*** |
Fiscal
YTD distribution rate at NAV*** |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Ending on the last day of the month prior to
the most recent distribution record date.
**As of the last day of the month prior to the
most recent distribution record date.
***Calculated from the last completed fiscal
year to the last day of the month prior to the most recent distribution record
date.
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.
Each 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 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; (2) Top 10 holdings and
additional portfolio statistics will be available monthly.
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.
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO
BANK GUARANTEE | MAY LOSE VALUE
Investor Contact: Fund Investor Services 1-888-777-0102
Copyright © 2026. Franklin Templeton. All rights reserved.
Category: Distribution Related
Source: Franklin Resources, Inc.
Boston, Massachusetts 02110
www.franklintempleton.com
FRANKLIN TEMPLETON
ANNOUNCES 19(a) NOTICES
FOR CLOSED-END MUNICIPAL FUNDS
Boston, Massachusetts –
(April 30, 2026) - The 19(a) monthly distribution notices
for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal
Opportunities Trust (NYSE: PMO) are now available. These informational notices
provide further details on the sources of the funds’ monthly distributions and
follow the most recent distribution announcement. 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
.
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 upon a Fund’s investment
experience during the remainder of its fiscal year and may be subject to
changes based on tax regulations. Each 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.
|
|
|
|
Estimated sources
& percentages of distributions |
|
|
|
Per share
distribution April 2026 |
|
Net realized
short-term capital gains |
Net realized
long-term capital gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The table
below provides information regarding distributions and total return performance
for various periods through prior month end. Performance includes the deduction
of management fees and administrative expenses, assumes reinvestment of
distributions, and does not account for taxes.
|
|
|
|
|
|
5-year
average annual total return at NAV* |
Current
distribution rate at NAV** |
|
Fiscal
YTD return at NAV*** |
Fiscal
YTD distribution rate at NAV*** |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Ending on the last day of the month prior to
the most recent distribution record date.
**As of the last day of the month prior to the
most recent distribution record date.
***Calculated from the last completed fiscal
year to the last day of the month prior to the most recent distribution record
date.
You should not draw any conclusions about a
Fund’s investment performance from the amount of this distribution or from the
terms of the Fund’s Distribution Policy.
Each 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 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; (2) Top 10 holdings and
additional portfolio statistics will be available monthly.
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK
GUARANTEE | MAY LOSE VALUE
Investor Contact: Fund Investor Services
1-888-777-0102
Copyright © 2026. Franklin Templeton. All
rights reserved.
Category: Distribution Related
Source: Franklin Resources, Inc.