Putnam Municipal Opportunities Trust (PMO) - Net Assets
Based on the latest financial reports, Putnam Municipal Opportunities Trust (PMO) has net assets worth $448.20 Million USD as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($473.38 Million) and total liabilities ($25.18 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Putnam Municipal Opportunities Trust (PMO) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $448.20 Million |
| % of Total Assets | 94.68% |
| Annual Growth Rate | 1.77% |
| 5-Year Change | -16.0% |
| 10-Year Change | -33.44% |
| Growth Volatility | 48.17 |
Putnam Municipal Opportunities Trust - Net Assets Trend (2007–2026)
This chart illustrates how Putnam Municipal Opportunities Trust's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see PMO stock market capitalisation.
Annual Net Assets for Putnam Municipal Opportunities Trust (2007–2026)
The table below shows the annual net assets of Putnam Municipal Opportunities Trust from 2007 to 2026. Also explore net asset momentum of Putnam Municipal Opportunities Trust to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | $448.20 Million | +0.67% |
| 2025-04-30 | $445.22 Million | -8.33% |
| 2024-04-30 | $485.67 Million | -5.90% |
| 2023-04-30 | $516.14 Million | -3.26% |
| 2022-04-30 | $533.56 Million | -13.20% |
| 2021-04-30 | $614.69 Million | +8.83% |
| 2020-04-30 | $564.83 Million | -5.12% |
| 2019-04-30 | $595.31 Million | -3.96% |
| 2018-04-30 | $619.86 Million | -7.95% |
| 2017-04-30 | $673.40 Million | -4.06% |
| 2016-04-30 | $701.88 Million | +0.13% |
| 2015-04-30 | $700.95 Million | -0.23% |
| 2014-04-30 | $702.57 Million | -7.49% |
| 2013-04-30 | $759.50 Million | +21.03% |
| 2009-04-30 | $627.53 Million | -32.63% |
| 2008-04-30 | $931.43 Million | +190.01% |
| 2007-04-30 | $321.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Putnam Municipal Opportunities Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1925335300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $336.45 Million | 75.07% |
| Other Components | $138.05 Million | 30.80% |
| Total Equity | $448.20 Million | 100.00% |
Putnam Municipal Opportunities Trust Competitors by Market Cap
The table below lists competitors of Putnam Municipal Opportunities Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beacon Minerals Limited
AU:BCN
|
$262.76 Million |
|
Franklin Financial Services Corp
NASDAQ:FRAF
|
$262.84 Million |
|
Siyaram Silk Mills Limited
NSE:SIYSIL
|
$262.87 Million |
|
8x8 Inc Common Stock
NASDAQ:EGHT
|
$262.87 Million |
|
XiAn Tourism Co Ltd
SHE:000610
|
$262.60 Million |
|
Akebia Ther
NASDAQ:AKBA
|
$262.52 Million |
|
Bonduelle S.C.A.
PA:BON
|
$262.44 Million |
|
HomeStreet Inc
NASDAQ:HMST
|
$262.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Putnam Municipal Opportunities Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 445,217,637 to 448,199,598, a change of 2,981,961 (0.7%).
- Net income of 29,492,165 contributed positively to equity growth.
- Other factors decreased equity by 26,510,204.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $29.49 Million | +6.58% |
| Other Changes | $-26.51 Million | -5.91% |
| Total Change | $- | 0.67% |
Book Value vs Market Value Analysis
This analysis compares Putnam Municipal Opportunities Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.59x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-04-30 | $17.71 | $9.59 | x |
| 2014-04-30 | $17.08 | $9.59 | x |
| 2015-04-30 | $17.92 | $9.59 | x |
| 2016-04-30 | $18.42 | $9.59 | x |
| 2017-04-30 | $17.68 | $9.59 | x |
| 2018-04-30 | $18.99 | $9.59 | x |
| 2019-04-30 | $17.28 | $9.59 | x |
| 2020-04-30 | $16.56 | $9.59 | x |
| 2021-04-30 | $18.02 | $9.59 | x |
| 2022-04-30 | $15.71 | $9.59 | x |
| 2023-04-30 | $15.28 | $9.59 | x |
| 2024-04-30 | $15.08 | $9.59 | x |
| 2025-04-30 | $15.87 | $9.59 | x |
| 2026-04-30 | $16.36 | $9.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Putnam Municipal Opportunities Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 179.08%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.06x
- Recent ROE (6.58%) is above the historical average (2.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 5.48% | 85.82% | 0.06x | 1.00x | $-14.51 Million |
| 2008 | 0.17% | 7.34% | 0.02x | 1.02x | $-91.57 Million |
| 2009 | -7.39% | -105.08% | 0.07x | 1.06x | $-109.13 Million |
| 2013 | 7.23% | 148.83% | 0.05x | 1.06x | $-21.05 Million |
| 2014 | -1.28% | -25.03% | 0.05x | 1.07x | $-79.22 Million |
| 2015 | 7.29% | 147.92% | 0.05x | 1.07x | $-18.99 Million |
| 2016 | 5.74% | 119.89% | 0.04x | 1.07x | $-29.89 Million |
| 2017 | -0.33% | -6.96% | 0.04x | 1.07x | $-69.57 Million |
| 2018 | 3.03% | 94.77% | 0.03x | 1.10x | $-43.18 Million |
| 2019 | 5.72% | 98.00% | 0.05x | 1.12x | $-25.48 Million |
| 2020 | -0.15% | -3.76% | 0.04x | 1.11x | $-57.35 Million |
| 2021 | 12.43% | 366.84% | 0.03x | 1.11x | $14.92 Million |
| 2022 | -10.79% | -290.40% | 0.03x | 1.20x | $-110.92 Million |
| 2023 | 2.07% | 98.30% | 0.02x | 1.06x | $-40.91 Million |
| 2024 | 3.91% | 99.59% | 0.04x | 1.03x | $-29.57 Million |
| 2025 | 2.40% | 95.65% | 0.02x | 1.03x | $-33.83 Million |
| 2026 | 6.58% | 179.08% | 0.03x | 1.06x | $-15.33 Million |
Industry Comparison
This section compares Putnam Municipal Opportunities Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $470,355,793
- Average return on equity (ROE) among peers: -2765.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Putnam Municipal Opportunities Trust (PMO) | $448.20 Million | 5.48% | 0.06x | $262.76 Million |
| Acadian Asset Management Inc (AAMI) | $384.40 Million | 74.58% | 2.59x | $3.22 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.26 Billion | 17.77% | 0.01x | $3.29 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $112.30 Million | -188.33% | 0.07x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $320.05 Million | 6.55% | 0.46x | $78.90 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $10.54 Million | -122.10% | 1.07x | $194.14 Million |
| Alpha Compute Corp (ALP) | $3.06K | -27347.58% | 41.39x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $323.79 Million |
| Amber International Holding Limited (AMBR) | $41.25 Million | -93.79% | 2.97x | $92.17 Million |
| Affiliated Managers Group, Inc. (AMG) | $655.56 Million | 9.23% | 1.32x | $9.52 Billion |
About Putnam Municipal Opportunities Trust
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 Opportunitie… Read more