FRANKLIN MUNICIPAL OPPORTUNITIES TRUST (PMO)
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States.
Industry: Asset Management
Putnam Municipal Opportunities Trust
NYSE:PMOFinancial Services · Asset Management
-1.51%$9.76
AH Close$9.76+0.00%vs close
AH Close$9.76+0.00%vs close
Mkt Cap$267.42M
Float27.4M
O/S27.4M
Inst Own32.4%
Div Yield5.48%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$16.47M
Net Income$29.49M
Total Assets$473.38M
Free Cash Flow$0
Debt & Equity
Debt 4%
Equity 74%
Preferred 23%
Total Debt$21.91M
Total Equity$448.2M
Preferred Stock$138.05M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PMO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$473.38M
Liabilities$25.18M
Accounts Receivable$7.5M
Accounts Payable$2.19M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-04-30 | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 | 2019-04-30 | 2018-04-30 | 2017-04-30 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 |
| Revenue | $16.47M | $11.17M | $19.08M | $10.89M | $19.82M | $20.82M | $23.18M | $34.74M | $19.84M | $31.99M | $33.61M | $34.55M | $35.8M | $36.89M |
| YoY Growth | 47.4% | -41.4% | 75.2% | -45.1% | -4.8% | -10.2% | -33.3% | 75.1% | -38.0% | -4.8% | -2.7% | -3.5% | -3.0% | - |
| Cost of Revenue | $2.37M | $421K | $636K | $1.39M | $397K | $0 | $0 | $7.81M | $0 | $4.87M | $4.64M | $4.72M | $4.69M | $0 |
| Gross Profit | $14.09M | $10.75M | $19.08M | $21.36M | $19.82M | $20.82M | $23.18M | $26.93M | $19.84M | $27.12M | $28.98M | $29.83M | $31.11M | $36.89M |
| Gross Margin | 85.6% | 96.2% | 100.0% | 196.2% | 100.0% | 100.0% | 100.0% | 77.5% | 100.0% | 84.8% | 86.2% | 86.3% | 86.9% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $714K | $571K | $461K | $444K | $4.21M | $4.08M | $3.9M | $373K | $619K | $5.21M | $4.73M | $4.86M | $4.88M | $5.1M |
| Other | -$16.73M | -$506K | -$382K | -$107K | $232K | $0 | $0 | $321K | $418K | $826K | $325K | $363K | $430K | $0 |
| Total Operating Expenses | -$16.02M | $64K | $79K | $337K | $4.21M | $4.08M | $3.9M | $694K | $1.04M | $32.18M | $7.42M | $16.99M | $44.28M | $18.73M |
| Operating Income (EBIT) | $30.11M | $10.69M | $19M | $12.09M | $15.61M | $16.75M | $19.28M | $22.93M | $19.76M | $26.78M | $28.89M | $29.69M | $30.92M | $31.78M |
| Operating Margin | 182.8% | 95.7% | 99.6% | 111.0% | 78.8% | 80.4% | 83.2% | 66.0% | 99.6% | 83.7% | 85.9% | 85.9% | 86.4% | 86.2% |
| Interest Expense | $617K | $421K | $636K | $1.39M | $397K | $395K | $0 | $1.18M | $956K | $264K | $12.14M | $21.84M | $251K | $0 |
| Interest Income | $21.82M | $21.24M | $21.71M | $21.36M | $0 | $20.82M | $1.19M | $26.93M | $29.71M | $0 | $0 | $0 | $0 | $277K |
| Other Income (Expense) | -$617K | -$421K | -$636K | -$1.39M | -$73.18M | $59.64M | -$20.15M | $11.12M | -$6.27M | -$27.24M | $11.89M | $21.6M | -$39.65M | $23.56M |
| Income Before Tax (EBT) | $29.49M | $10.69M | $19M | $10.7M | -$57.56M | $76.39M | -$871K | $34.05M | $18.81M | -$453K | $40.78M | $51.29M | -$8.74M | $55.34M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.08M | $0 | $0 | $0 | $0 | $0 |
| Net Income | $29.49M | $10.69M | $19M | $10.7M | -$57.56M | $76.39M | -$871K | $34.05M | $18.81M | -$2.23M | $40.3M | $51.1M | -$8.96M | $54.9M |
| Net Income Margin | 179.1% | 95.7% | 99.6% | 98.3% | -290.4% | 366.8% | -3.8% | 98.0% | 94.8% | -7.0% | 119.9% | 147.9% | -25.0% | 148.8% |
| Supplementary Data | ||||||||||||||
| EPS | 0.84 | 0.11 | 0.33 | 0.16 | -1.70 | 2.23 | -0.14 | 0.99 | 0.58 | -0.06 | 1.06 | 1.31 | -0.22 | 1.28 |
| Diluted EPS | 0.84 | 0.11 | 0.33 | 0.16 | -1.70 | 2.23 | -0.14 | 0.99 | 0.58 | -0.06 | 1.06 | 1.31 | -0.22 | 1.28 |
| Weighted Average OS | 27.40M | 28.06M | 32.20M | 33.78M | 33.80M | 34.11M | 6.26M | 34.44M | 32.64M | 38.09M | 38.11M | 39.12M | 41.14M | 42.88M |
| EBITDA | $30.11M | $10.69M | $19.63M | $12.09M | $15.61M | $16.75M | $19.28M | $22.93M | $25.08M | $26.78M | $28.89M | $29.69M | $30.92M | $31.78M |
| EBITDA Margin | 182.8% | 95.7% | 102.9% | 111.0% | 78.8% | 80.4% | 83.2% | 66.0% | 126.4% | 83.7% | 85.9% | 85.9% | 86.4% | 86.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-04-30 | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 | 2019-04-30 | 2018-04-30 | 2017-04-30 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $0 | $72K | $0 | $0 | $609K | $8K | $147K | $68K | $26.55M | $436K | $32K | $1.63M | $0 | $190K |
| Short-Term Investments | $15.61M | $0 | $122K | $15.91M | $0 | $0 | $1.57M | $137K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $15.61M | $72K | $122K | -$34.3M | $609K | $8K | $1.72M | $204K | $26.55M | $436K | $32K | $1.63M | $0 | $190K |
| Accounts Receivable | $7.5M | $6.33M | $9.18M | $7.43M | $20.82M | $9.07M | $9.13M | $9.01M | $9.3M | $20.26M | $10.92M | $12.28M | $10.77M | $11.78M |
| Inventory | $0 | $0 | $0 | $57.68M | $36.87M | $0 | -$1.57M | -$137K | -$33K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$78K | $71K | -$101K | -$23.35M | -$35.72M | $15K | $1.57M | $898 | $33K | $33K | $0 | $46K | $0 | $0 |
| Total Current Assets | $23.11M | $6.54M | $9.2M | $7.46M | $22.61M | $9.12M | $10.88M | $9.25M | $35.85M | $20.73M | $10.96M | $13.95M | $10.8M | $11.97M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $450.2M | $451.03M | $488.85M | $541.92M | $618.31M | $672.59M | $616.41M | $659.84M | $648.92M | $612.1M | $647.98M | $639.39M | $645.79M | $697.81M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $78K | $457.42M | $498.03M | -$34.3M | -$57.25M | -$97.01M | -$70.92M | -$96.59M | -$648.92M | $90.14M | $93.5M | $93.37M | $92.12M | $95.78M |
| Total Long-Term Assets | $450.27M | $451.03M | $488.85M | $507.62M | $561.06M | $575.58M | $545.48M | $563.25M | $648.92M | $702.24M | $741.48M | $732.76M | $737.91M | $793.59M |
| Other Assets | $0 | $457.56M | $498.05M | $34.3M | $56.1M | $97M | $69.35M | $96.46M | $33K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $473.38M | $457.56M | $498.05M | $549.39M | $639.77M | $681.7M | $625.72M | $668.95M | $684.8M | $722.97M | $752.44M | $746.71M | $748.71M | $805.57M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $2.19M | $1.24M | $3.89M | $5.46M | $23.6M | $8.09M | $13.34M | $1.2M | $6.7M | $3.52M | $4.98M | $153K | $305K | $464K |
| Short-Term Debt | $21.91M | $10.21M | $7.58M | $21.41M | $56.1M | $57.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $3.69M | -$21.41M | -$56.1M | -$49.55M | -$30.01M | -$62.19M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$3.02M | -$10.21M | -$12.07M | $481K | $2.76M | -$60K | $28.72M | $7.9M | -$7.84M | $2.35M | $2.27M | $2.18M | $2.45M | $2.4M |
| Total Current Liabilities | $21.91M | $1.24M | $3.89M | $11.33M | $49.76M | $8.09M | $13.34M | $11.37M | $10.01M | $7.77M | $8.74M | $3.79M | $4.25M | $4.22M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $21.91M | $10.21M | $7.58M | $21.41M | $56.1M | $57.64M | $0 | $0 | $0 | $41.79M | $41.82M | $41.82M | $41.79M | $41.85M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $906K | $911K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $153K | $96K | $0 |
| Total Long-Term Liabilities | $3.27M | $11.11M | $8.49M | $21.41M | $56.1M | $57.64M | $43.35M | $62.19M | $53.65M | $41.79M | $41.82M | $41.97M | $41.89M | $41.85M |
| Other Liabilities | $0 | $12.35M | $12.38M | $505K | $349K | $1.28M | $4.2M | $84K | $1.29M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $25.18M | $12.35M | $12.38M | $33.25M | $106.21M | $67.01M | $60.88M | $73.64M | $64.95M | $49.56M | $50.56M | $45.76M | $46.13M | $46.07M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $138.05M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $178.88M | $178.86M | $178.85M | $178.85M | $178.85M |
| Common Stock | $336.45M | $343.73M | $377.97M | $409.77M | $414.46M | $416.01M | $416.01M | $419.9M | $451.96M | $457.93M | $470.01M | $482.83M | $508.43M | $527.28M |
| Retained Earnings | -$26.3M | -$37.24M | -$31.02M | -$32.35M | -$19.63M | $59.95M | $10.1M | $36.69M | $911K | $36.6M | $53.01M | $39.27M | $15.3M | $53.36M |
| Comprehensive Income & Other | $0 | $0 | $0 | $377.42M | $394.83M | $475.97M | $426.11M | $456.59M | $138.72M | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $138.05M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $138.72M | $166.99M | $178.88M | $178.86M | $178.85M | $178.85M | $178.86M |
| Total Equity | $448.2M | $445.22M | $485.67M | $516.14M | $533.56M | $614.69M | $564.83M | $595.31M | $619.86M | $673.4M | $701.88M | $700.95M | $702.57M | $759.5M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $473.38M | $457.56M | $498.05M | $549.39M | $639.77M | $681.7M | $625.72M | $668.95M | $684.8M | $722.97M | $752.44M | $746.71M | $748.71M | $805.57M |
| Supplementary Data | ||||||||||||||
| Total Debt | $21.91M | $10.21M | $7.58M | $21.41M | $56.1M | $57.64M | $43.35M | $62.19M | $53.65M | $41.79M | $41.82M | $41.82M | $41.79M | $41.85M |
| Net Debt | $21.91M | $10.13M | $7.58M | $21.41M | $55.49M | $57.63M | $43.2M | $62.12M | $27.1M | $41.35M | $41.78M | $40.19M | $41.79M | $41.66M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-04-30 | 2025-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 | 2019-04-30 | 2018-04-30 | 2017-04-30 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 |
| Operating Activities | |||||||||||||
| Net Income | $29.49M | $10.69M | $10.7M | -$57.56M | $76.39M | -$871K | $34.05M | $18.81M | -$453K | $40.78M | $51.29M | -$8.74M | $55.34M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $0 | $0 | $13.36M | -$11.72M | $59K | $0 | $286K | $10.97M | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$38.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | -$35.88M | $38.45M | -$5.39M | $0 | $260K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $40K | $38.48M | -$66K | $0 | -$366K | -$228K | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | -$22.49M | $26.76M | -$5.4M | $0 | $181K | $14.77M | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$29.49M | -$10.69M | $74.49M | $55.9M | -$58.72M | $871K | -$10.66M | $53.31M | $453K | -$40.78M | -$51.29M | $8.74M | -$55.34M |
| Net Cash from Operating | $0 | $0 | $62.7M | $25.1M | $12.28M | $0 | $23.57M | $86.89M | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$205.24M | -$209.69M | -$151.09M | $0 | -$263.15M | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $253.26M | $211.36M | $142.94M | $0 | $265.46M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$48.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $1.67M | -$8.15M | $0 | $2.31M | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | - | - | $34.71M | $1.27M | -$14.15M | - | -$8.41M | -$11.86M | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$2.56M | -$1.63M | $0 | $0 | -$32.06M | -$10.08M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | -$21.66M | -$21.74M | -$26.27M | $0 | -$22.73M | -$24.08M | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $688K | $414K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | -$63.38M | -$24.5M | -$12.42M | $0 | -$50.05M | -$60.77M | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | -$1.67M | $8.15M | $0 | -$2.31M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | -$678K | $601K | -$138K | $79K | -$26.49M | $26.12M | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $0 | $0 | $62.7M | $25.1M | $12.28M | $0 | $23.57M | $86.89M | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $62.7M | $25.1M | $12.28M | $0 | $23.57M | $86.89M | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $609K | $8K | $147K | $68K | $26.55M | $436K | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | -$69K | $609K | $8K | $147K | $68K | $26.55M | $0 | $0 | $0 | $0 | $0 |