Putnam Municipal Opportunities Trust (PMO)

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Putnam Municipal Opportunities Trust (PMO) is up 1.9% since the beginning of the year. At $11 per share, PMO is trading just below its 52-week high of $11. Investors who bought $1,000 worth of PMO shares 5 years ago would now be looking at an investment worth $957.

Putnam Municipal Opportunities Trust (PMO) has returned 1.90% so far this year and 14.20% over the past 12 months. Over the last ten years, PMO has returned 2.61% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Oct 27, 1994, PMO's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, an investment would double in approximately 13.5 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +12.9%, while the worst month was Sep 2022 at -13.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PMO closed higher 47% of trading days. The best single day was Mar 25, 2020 with a return of +7.6%, while the worst single day was Mar 18, 2020 at -10.0%.

Putnam Municipal Opportunities Trust has an annualized alpha of 4.06%, beta of 0.12, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since October 27, 1994.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (23.97%) than losses (18.47%) - typical of diversified or defensive assets.
• Beta of 0.12 may look defensive, but with R2 of 0.03 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.03 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PMO ranks 82 for risk / return — in the top 82% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Putnam Municipal Opportunities Trust provided a 4.04% dividend yield over the last twelve months, with an annual payout of $0.43 per share.

The table displays the monthly dividend distributions for Putnam Municipal Opportunities Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Putnam Municipal Opportunities Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Putnam Municipal Opportunities Trust was 36.46%, occurring on Oct 23, 2023. The portfolio has not yet recovered.

The current Putnam Municipal Opportunities Trust drawdown is 11.67%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Putnam Municipal Opportunities Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Putnam Municipal Opportunities Trust is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.