10.3% Stake of Putnam Municipal Opportunities Trust (PMO) Owned by Bulldog Investors, LLC

Bulldog Investors, LLC

stated that they own 10.3% of Putnam Municipal Opportunities Trust (NYSE:PMO) in a Form 13D disclosure that was filed with the SEC on Monday, March 20th. The investor owns 734 shares of the stock valued at about $8,771. The reporting parties listed on the disclosure included Bulldog Investors, LLC, Phillip Goldstein, Andrew Dakos and Steven Samuels. The filing is available through the SEC website at this link.

Shares of Putnam Municipal Opportunities Trust (NYSE:PMO) traded up 0.0863% during trading on Monday, reaching $11.9403. The company had a trading volume of 51,558 shares. The firm has a 50-day moving average of $12.18 and a 200 day moving average of $12.41. Putnam Municipal Opportunities Trust has a 52 week low of $11.57 and a 52 week high of $13.69.

The business also recently declared a monthly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Friday, March 24th will be issued a $0.0541 dividend. The ex-dividend date is Wednesday, March 22nd. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.43%.

Your IP Address:

Putnam Municipal Opportunities Trust Company Profile

Putnam Municipal Opportunities Trust (The Fund) is a diversified, closed-end fund. The Fund offers a dividend reinvestment plan. The fund seeks to provide as high a level of current income free from federal income tax. The Fund intends to achieve its objective by investing in a portfolio of investment-grade and some below investment-grade municipal bonds selected by Putnam Investment Management, LLC (Putnam Management).

5 Day Chart for NYSE:PMO

Want to see what other hedge funds are holding PMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Putnam Municipal Opportunities Trust (NYSE:PMO).

Receive News & Ratings for Putnam Municipal Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Municipal Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.